US equities open on a positive note, with the SPX breaking a new hist’ high of 4818, making it a day, week, and month for the equity bulls. WTIC printed $77.12.
sp’60min
VIX’60min
Summary
*I’ve fully exited OXY and SLB, with the micro 5/15min cycles crazy over-stretched. If they keep running without me, I can live with that.
Its a Tuesday, and we do tend to see turnarounds. First opp’ for a turn will be around 11am. I’d sure like net daily declines, as I’ve an increasingly big cash pile, but I ain’t buying at this time/price.
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notable stock: F
Ford has just broken the April 1999 historic high of $23.15. From there… psy’ $30.
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notable energy: OXY
Reflective of the sector. Green gap filled. S/t over-stretched.
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notable tech: AMD
CEO Lisa Su, due to begin 10am.
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notable miner: FCX
Freeport seeing early gains. S/t over-stretched… along most other things.