12pm update – lunchtime chop

US equities remain choppy, if leaning weak.

sp’60min

VIX’60min

Summary

Weak leaning chop… ahead of a Tuesday, that should be far more dynamic.


notable stock: MU

One to watch, as to if it can hold the 50dma.

notable weakness: NVDA

We’ve a stall from the 200dma and key price threshold.

notable fin: BAC

Early minor gains… fading, as daily momo is increasingly negative.
Earnings due early Tues’ should be good, but the market typically sells the fins on earnings.

notable space: RKLB

Testing the 200dma.  I’m still guessing 40/37…. by the midterms, which would make for a far better level to buy back.