12pm update – cheerleader time

US equities remain in minor chop mode, with the SPX having turned fractionally positive. VIX has cooled to the 20s. WTIC is trying to build a floor from the $43s.

sp’60min

VIX’60min

Summary

Little to add, for what is a near replay of Monday.

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notable stock: AMD

A strong day for AMD, as giant psy’100 might even be hit before the weekend.
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notable Dow component: DIS

New hist’ highs (>152.50) appear due within the near term. Upper monthly bollinger is offering the 158s.
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notable weakness: CRM

A case of post earnings depression, but also selling lower on the bid/deal to buy Slack Tech’… which is often the case for the bidder.

time to check on the cheerleaders, but mute button will likely be hit within the first 30 seconds….