10am update – starting positive

US equities open on a positive note… with the SPX pushing for a new hist’ high.

sp’60min

VIX’60min

Summary

The early gains were shaky, but today leans net bullish for ‘window dressing’.

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notable stock: NKE

Earnings weren’t great, but this really shouldn’t be a surprise to most, as the US/global consumer is still broke. Bearish to the $62s.
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notable stock: DJT

Post debate gains, but they are being sold into.
The concern should be July 11th.
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notable strength: TSLA

Big target is the 200dma $206s. If >207, then $260.
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notable miner: FCX

Freeport higher with copper printing $4.42.