US equities are still clawing upward, with the SPX just 0.2% away from the 3700s. VIX is churning the 20s, reflective of a very comfortable mainstream, ahead of the weekend.
sp’60min
VIX’60min
Summary
Little to add. Next turn time is the 2pm hour, but we appear set for net daily gains of some degree, for what has been just another week for the bulls.
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notable airline: UAL
United just cooling back. Having cleared the June high, its open air to next major resistance of $70, and that is a clear FORTY percent higher.
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notable stock: MOS
S/t price structure is a bull flag, and is being provisionally confirmed.
Next resistance are the 25/26s.
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notable strength: X
US Steel has powered into the $16s. Any sustained action from around current levels, will open the door to next resistance of the $26s.
time to check on the cheerleaders…
The only question.. is Pete Najarian next to a lake, mountain, or ?