US equities open a little choppy, if leaning on the weaker side. USD is +0.4% at 102.01. US 10yr 3.91%
sp’60min
VIX’60min
Summary
S/t equity momentum is due to turn negative. In theory, we could cool back across today, and stretching into Mon/Tues. However, its very difficult to see anything <4650.
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notable stock: COST
Post earnings gains, helped by news of a special $15.00 dividend.
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notable stock: MSFT
A key stock that has already seen a bear flag provisionally confirmed. The 50dma is set to be tested, whether today or next Mon/Tues’
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notable semicon: AMD
This should remain under yesterday’s high, and cool back.
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notable miner: GOLD
Miners cooling back with gold $2041, not helped by the stronger dollar.