US equities are significantly lower. Its notable that even though the Nasdaq is also red… that is after breaking a new hist’ high of 12244. VIX 22s aren’t particularly reflective of anything other than a main market cooling wave.
sp’60min
VIX’60min
Summary
*upper end of yellow gap tagged.
Well, its 11am, which is a typical turn time. S/t momentum is on the moderately lower side, as we’re pressing against the lower hourly bollinger. In theory… chop into the monthly settlement can be expected. Tuesday should offer a swing upward, as new hist’ highs appear a given within December.
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notable stock: MU
Micron Tech… kinda similar to AMD, in that its making an attempt to break up/away. Micron has printed the $65s this morning, and it opens the door to giant psy’100 in 2021.
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notable bond ETF: TLT
Yields mostly just churning. TLT set for net monthly gain of around +1.7%
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notable financial: BAC
Bank of America is just cooling with the main market.