US equities remain in minor chop mode, with the market set to close broadly flat. VIX 12s are reflective of a mainstream with zero concern about early 2024.
sp’60min
VIX’60min
Summary
S/t momentum has turned negative. Regardless of whether a few points higher… or lower, with a new cycle high, its a net bullish day.
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notable stock: AAPL
Apple trying for a fractional gain… after the Watch import ban was temporarily lifted.
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notable stock: HI
A subscriber noted this one to me.
FPE 11s… reasonable. Y 1.8%, at least its paying something.
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notable strength: TSLA
Mostly helped by news of the revamped Model Y.
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notable miner: ALB
I see no news, as most of the Lithium miners are struggling.
back at the close…