US equities open on a weak note, but some indexes have already turned green. VIX 12s… reflective of #everythingisfine WTIC printed $84.38, if cooling back to the $83s.
sp’60min
VIX’60min
Summary
If anything… early price action is a reminder the bears are largely powerless.
Powell is talking… but I’ve got him on mute.
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notable stock: TSLA
Partly a retrace of yesterday’s powerful gains, partly main market, partly… China EV sales y/y -24.2%
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notable semicon: NVDA
Lower with the sector.
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notable energy: OXY
Helped with WTIC $84s
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notable miner: AG
I could understand some buying/adding Jan’2025 CALLS, but absolutely nothing s/t. Daily momentum is prone to turning positive.