3pm update – into the close

US equities are set for broad gains. VIX 13s are reflective of a very complacent mainstream. USD is -1.1% at 100.19. US 10yr -115bps at 3.86%.

sp’60min

VIX’60min

Summary

Regardless of the exact close, with a new multi-month high, its just been another day for the bulls. A close >4458 offers the 4500s, as the bulls look set to stay in control until (at least) the next Fed day of July 26th.


notable Dow component: AAPL

Mostly reflective of the main market.
Psy’ $200 appears an eventuality.

notable semicon: NVDA

Nvidia pushing for a new hist’ high. Momentum prone to turning positive next Mon/Tues’

notable strength: DPZ

Big gains on the hope that a partnership with UBER will help drive sales, which it should… to some extent.

notable stock: UBER

Higher on the Domino’s Pizza partnership.
I’m not a fan of UBER, but its doing far better than sister LYFT

Time to venture out, for the last time this decade of my existence.
Back at the close…