US equities remain in minor chop mode. VIX is churning the mid 12s, as #everythingisfine
sp’60min
VIX’60min
Summary
Little to add.
I’m merely wondering what tonight’s show will bring.
–
notable stock: WBA
Sure, you could argue its s/t oversold, but its been l/t horror since the 2015 $54s ! I am guessing Amazon might pick this up… if even cheaper than the $11s.
–
notable weakness: MU
A few buyers in early morning, but we’re seeing a secondary wave lower.
S/t broken with the sector.
—
notable trans: FDX
Arguably just a minor retrace of yesterday’s gains.
—
notable miner: UEC
Uranium Energy has a pretty double marginal double floor.
time for a much needed lunch…