US equities are leaning a little weak, with s/t momentum having turned negative. VIX will be prone to settling in the 12s
sp’60min
VIX’60min
Summary
Little to add. Whether we close a little higher or lower, with a new hist’ high of 5523, its been a net bullish day AND week.
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notable stock: NKE
A truly ugly way to end the month/quarter/first half.
ZERO sign of a floor, as the $62s look probable.
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notable stock: DIS
I see no news, as the stock is in danger of losing the 200dma.
Momentum might turn negative next Monday.
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notable stock: TSLA
Early gains… fully eroded… as the 200dma remains key.
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notable miner: LAC
Its been a difficult year so far.
Estimated time on first lithium… early 2027… not great.
Time to venture out, back at the close…