US equities are a little choppy, battling to hold significant gains. The Nasdaq is somewhat lagging this morning… but still, a new historic high makes it a very bullish day. USD is -0.4%, printing a new cycle low of DXY 91.42.
sp’60min
VIX’60min
Summary
VIX saw a cash market low of 20.04 (20.00 pre-market). The 20 threshold is indeed very important.
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notable bond ETF: TLT
Yields are sig’ higher, which is helping the related financials.
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notable financial: JPM
JPM leading the sector upward into 2021.
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notable strength: MU
Micron is powering upward. Yesterday’s $65s were decisive, and has opened the door to giant psy’100 in 2021.
Time to cook…