US equities remain choppy, as the market remains s/t vulnerable, especially on Thursday. USD is -0.4% at 95.80, which is helping prop up most things, with WTIC printing $77.37 !
sp’60min
VIX’60min
Summary
Suffice to add… chop chop. On balance, most indexes should settle net lower, with Thursday ‘prime for the bears’.
–
notable stock: AMD
Reflective of many techs… just s/t over-stretched. Another 1-2 days lower appears probable. CEO Su due next Tuesday at CES should offer a positive start to the year.
–
notable horror: HOOD
A new historic low… some element of tax loss selling has to be expected into year end.
—
notable steel: X
US Steel seeing some chop. If the main market does get knocked lower by 1% or so… US Steel will get hit… if briefly. I hold.
—
notable stock: CFVI
I was a little early on this one. My original block is from $11.44. I’ll be inclined to add a little more. In any case, I’m very pleased to be an owner of Rumble.com, and aim to make it my home for web streaming.
yours… time to cook