3pm update – into the close

Most US equities are due to settle a little weak… but price action is mostly just bullish consolidation. The only s/t concern is CPI-Wednesday.

sp’60min

VIX’60min

Summary

Chop chop… if a little weak.

The SLV weekly chart has me thinking… but perhaps that is a bad thing.

—
notable stock: RKLB

Rocket Lab USA has earnings in AH
Market is expect another loss of around -7cents.
S/t vulnerable… but m/t bullish
–

notable stock: ASTS

AST Spacemobile has earnings in AH
Fine company, but due to post a loss of -27cents
S/t vulnerable, but m/t bullish. I would favour RKLB or SPCX
–

notable stock: INTC

Lower on the $15bn secondary stock offering, as its a good time to raise cash.
–

notable stock: SPCX

A great example of a stock stalling at resistance… of the IPO $135s

back at the close…