12pm update – lunchtime strength

US equities have built very significant gains… as we’re seeing a strong short-squeeze. VIX has been crushed into the 17s. USD is -0.7% at 107.43.

sp’60min

VIX’60min

Summary

Well, we’ve still four hours to go, and with it being quad-opex, we should expect at least one cooling wave into the weekend. Clearly though… we’re going to settle net higher to some degree.


notable stock: NVDA

S/t buyers piling in… on hopes of a s/t floor.
The current candle is bullish engulfing.

notable trans: CCL

Earnings were good.

notable crypto stock: MSTR

S/t speculative lunatics are chasing upward, having bounced from the 50dma. Good luck with that.

notable drone: RCAT

Renewed drone hysteria.
Recent earnings were lousy, but guidance was rather good.