US equities remain a little choppy, leaning on the weaker side, as the market is s/t tired. Thursday will be prime for the bears. VIX is still battling to avoid a daily close under the key 20 threshold.
sp’60min
VIX’60min
Summary
Suffice to add… even if we close broadly lower, today’s new historic high, makes it a day for the bulls. VIX is cyclically low, and there is threat of the 22s.. if not today, then tomorrow.
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notable bond ETF: TLT
Bonds cooling back. I’d note we o have a double low of the $154s…. ahead of the Dec’16th FOMC, which might see yield curve controls announced.
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notable fin: WFC
Wells lagging the sector… but then its been that way across the year.
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notable reversal: PFE
Pfizer broke a new hist’ high, but has swung powerfully lower, a bearish engulfing candle, which is partly due to…
So… the Pfizer $PFE vaccine is problematic for those with significant allergies.
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Well, at least 'they' are admitting that much. pic.twitter.com/1hceLK1Lkk— Philip Calrissian (@Trading_Sunset) December 9, 2020
The last time I had an allergy test, I was positive for literally… everything.
Yours… time for lunch, which I’m likely at least partly allergic to.