10am update – opening chop

US equities open a little choppy, with a few indexes marginally red.

sp’60min

VIX’60min

Summary

GDP Q3: 4.3% vs 3.8% (Q2, prior rev’).
Good news is bad news… yes?

Little to add… for what is holiday trading conditions.


notable stock: NVO

The FDA approved a Wegovy pill, which is clearly a lot more consumer friendly than a needle!

notable space: RKLB

-5% in pre-market, but the buyers appeared, to print a new hist’ high

notable silver ETF: SLV, 60min

I’m watching hourly momentum.
The opening candle is black.

notable miner: NEM

New hist’ high.