US equities remain choppy, if broadly lower, as the bulls appear unusually hesitant to get involved. VIX is churning the 20s. Natgas printed $2.25 !
sp’60min
VIX’60min
Summary
We’re s/t cyclically low, as the setup favours the bulls into the late afternoon, and more so… early Tuesday.
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notable Dow component: CAT
Pulled upward by sister DE. Regardless… orange gap remains an eventuality.
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notable semicon: INTC
Alarm bells <26.00. From there… 21/20, grander 14/13.
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notable garbage: DASH
The post earnings gains didn’t last.
Loss making, zero yield, over-hyped corporate garbage.
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notable miner: ALB
Lithium miners all getting the smackdown, not helped by the main market. Oppenheimer maintain ‘outperform’, 497>498. Someone got paid the big bucks for that $1 price change, and issuing a press release.
As night falls, its time for a much needed lunch…