Most US equity indexes are due to settle red… but then its a Thursday. S/t bulls should be twitchy ahead of Friday’s jobs data, which might see a case of ‘good news is bad news’.
sp’60min
VIX’60min
Summary
I’d be open to yellow gap… before resuming upward.
VIX is certainly on the low side… prone to upside early Friday.
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notable stock: ABNB
AirBNB have earnings in AH
I do not like this one.
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notable stock: MP
MP Materials have earnings in AH
Its a target for Oct’. M/t bullish rare earths
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notable stock: RCAT
Red Cat have earnings in AH
If anything… its a reminder I should be mid/long term bullish anything drone related
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notable stock: SPCX
… probably to settle net higher, but price action is shaky.
Sub $100 is clearly an eventuality.
The only issue is whether that is before or after Labor day.
Those looking to buy… will remain patient.
back at the close…