11am update – morning chop

US equities are choppy, if mostly leaning upward, with the Nasdaq leading the way up, whilst the ‘old leader’ – Transports, is marginally net lower.

sp’60min

VIX’60min

Summary

Another new hist’ high of 5857. Price action is increasingly subdued. Its 11am… typical turn time.  At best… bears might achieve a black (daily) candle, although even that doesn’t mean Tuesday will open red.

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notable stock: AAPL

Sig’ higher… if multi-week chop.
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notable semicon: NVDA

Set to challenge the June $140s. Cyclically high.
Goldman, 135>150
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notable trans: UAL

New multi-year high… partly helped by lower oil/fuel prices.
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notable fin: JPM

Cyclically high… and due some good.

Time for lunch