11am update – morning chop

US equities remain choppy… which could easily continue for the rest of the day.

sp’60min

VIX’60min

Summary

Price action remains a real mess. Anyone normal… will have already turned off their screen, and walked away into the long weekend.


notable stock: LMT

New hist’ high. Daily momentum due to turn positive next Tues’/Wed’
The concern should be Iran-USA… especially next weekend.

notable stock: COIN

Earnings were mixed.
The stock is bouncing… for what is s/t oversold.

notable silver ETF: SLV, 15min

S/t cyclically high… prone to cooling into the afternoon.

notable miner: NEM

Leading the miners upward.
Daily momentum prone to turning positive next week.
Earnings due Thurs’ AH