US equities are choppy, if leaning upward to print a new intraday high. VIX is naturally being ground to zero, as #everythingisfine
sp’60min
VIX’60min
Summary
Cyclically… we are on the HIGH side.
Even the bold will not be chasing, not least in Christmas week.
I’m marginally annoyed on the sidelines.
It could be worse… I could be losing money on the short side.
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notable stock: QBTS
M/t bullish quantum computing stocks.
I still expect Trump to want 10% of this one.
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notable weakness: TGT
I see no news.
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notable strength: ASTS
RKLB is where the hot money flows, but ASTS is an interesting name.
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notable retail: DECK
Higher with the main market.
M/t bullish to $150. If I’m right… SPX 8K