12pm update – lunchtime chop

US equities remain in minor chop mode.

sp’60min

VIX’60min

Summary

The chop… continues.

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notable stock: TSLA

Tesla holding very powerful gains… set for a second close above the 200dma, as the $280s look realistic by mid August.

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notable weakness: CHWY

A rough day for Chewy, as the Roaring Kitty hysteria continues to fade.
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notable semicon: NVDA

Nvidia remains s/t broken.
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notable miner: NEM

Newmont struggling… as gold is merely churning.