12pm update – lunchtime chop

US equities are choppy, if slowly cooling back. WTIC printed $61.94.

sp’60min

VIX’60min

Summary

S/t equity momentum is prone to turning negative later today.
6400 for OPEX?


notable stock: TSLA

Prone to settling red… if only s/t cyclical cooling.

notable stock: AEO

Testing the 200dma.
I’ll hope it remains stuck… and cools to the 10/9s by mid Oct’

notable retail: WMT

Lower on the AMZN delivery news.
The stock has a m/t double top from the $104s

notable miner: MP

It is pleasing to see this one cool back.
Momo prone to turning negative on Thurs’
I’m a very interested buyer… from $40… this Oct’