US equities open rather powerfully higher. VIX has been ground to the 27s. USD is +0.5% at 99.15
sp’60min
VIX’60min
Summary
I’d note the opening candle is a little spiky from the hourly 200ma.
More broadly… bullish into May… 5700s with VIX 20s.
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notable stock: TSLA
Lets be clear… earnings were even more ugly than expected…
EPS 27cents vs 41est. Rev’ y/y -9.0% to $19.34bn vs 21.35est.
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notable semicon: INTC
Earnings are due Thurs’ AH. S/t bullish.
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notable strength: BA
Earnings were lousy, if better than expected…
EPS -49cents vs -1.18est. Rev’ y/y +18.0% to $19.5bn vs 19.4est. Backlog 5600 planes
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notable miner: GOLD
Barrick lower with commodity gold.
Momentum has only just turned negative.