11am update – morning chop

US equities are choppy, holding moderate gains. WTIC printed a high of $58.13, helped by the USD -0.4% at 97.88

sp’60min

VIX’60min

Summary

The s/t cyclical setup favours the bears into Tuesday.
Those wanting to buy/add will be waiting until at least tomorrow.


notable stock: TSLA

New hist’ high… as Mr Market wants to push this to psy’ $500

notable semicon: NVDA

Still a fair way below the historic $212s

notable air taxi: JOBY

L/t bullish… as air taxis set to become one of the grander themes for the net few decades.

notable silver ETF: SLV, 15min

I’m guessing I’ll be waiting into early Tuesday.

time for a light lunch