3pm update – soaring into the close

US equities have seen a powerful secondary wave higher…  with the SPX pushing into the 6900s. VIX has been crushed into the 16s. Silver is notably trading inverse to equities, -3.6%.

sp’60min

VIX’60min

Summary

Here is the excuse…

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notable stock: NFLX

There are some buyers, but the fact the $82s were taken out should be a s/t concern, for what is m/t bearish anyway.
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notable stock: INTC

Very powerful gains, ahead of earnings, Thurs’ AH
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notable stock: AAPL

Apple still struggling
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notable retail: TGT

Goldman, neutral, 97>91

back at the close…