US equities are choppy, with the main market set to close broadly flat. VIX is churning the upper 13s. WTIC $72s. Gold $2050.
sp’60min
VIX’60min
Summary
A pretty subdued day.
S/t momentum remains due to turn positive.
The monthly jobs data would be a primary excuse.
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notable stock: AAPL
Apple is trying to find a floor from just above the 200dma.
The current candle is a hollow red reversal, and leans s/t bullish.
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notable semicon: AMD
Keybanc’ overweight, $140>170, Bernstein 100>120, Piper Sandler 150>165
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notable steel: CLF
I see no news. A fifth day lower, as yesterday’s reversal candle failed to play out.
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notable miner: ALB
I see no news. Lower for the 4th day of 6.
back at the close…