US equities are choppy, if set for net daily declines of some degree. The two leaders- Trans/R2K, are both sig’ lower. VIX is due to settle in the 19/18s. WTIC is churning around psy’ $70.
sp’60min
VIX’60min
Summary
S/t bears could argue structure is a bear flag… with SPX daily momentum prone to turning negative on Tuesday. Some spooky ‘geo-political’ news would help.
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notable stock: BA
Boeing set for sig’ gains, but that is a black candle from the 50dma.
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notable weakness: HD
A third day lower, as retail is really struggling.
Today’s candle is bearish engulfing.
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notable car: TSLA
The Tesla bulls are rightly twitchy ahead of Wed’ AH earnings.
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notable nuclear: NNE
I’d note vol’ remains VERY high, with a lot of hot money flowing into NNE, OKLO, and to a lesser extent SMR.
back at the close…