3pm update – into the close

US equities are set for broad gains.

sp’60min

VIX’60min

Summary

The s/t cyclical setup favours the bears, but I’d not expect much from Friday-OPEX, not least ahead of a long weekend.

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notable stock: JBHT

JB Hunt has earnings in AH. They are a rather important Transport stock, and are a barometer of the real underlying economy.
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notable stock: AAPL

S/t structure is a bear flag, but I remain dismissive of it.
Net bullish into earnings… Jan’29th AH
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notable health: UNH

Trump’s healthcare announcement arguably amounts to trivial.
Today’s upside reversal in UnitedHealth is supportive of that view.
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notable space: RKLB

A new hist’ high, as Space is a key theme for this year, and into the next decade. SpaceX IPO due Sept’.

back at the close…