US equities open on a positive note, with the SPX and Nasdaq comp’ printing new historic highs. VIX printed 14.30, the lowest since Dec’2024.
sp’60min
VIX’60min
Summary
RSI 78s… is very overbought. It won’t be able to stay that high for long.
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notable stock: AMD
US-China trade hopes. Momo due to turn positive within 1-2 days.
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notable car: TSLA
Next resistance… $357.
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notable fin: BMNR
Someone… I wasn’t even aware of this one until after the first hysteria wave.
Frankly, I’m not even sure what this company does.
I’ll do some digging later.
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notable retail: TGT
Marginal downgrade… Cowen, hold, 105>100