US equities remain in minor chop mode, if mostly leaning a little higher. Gold $2327, with Silver $28.92.
sp’60min
VIX’60min
Summary
The bigger daily cycles lean net bearish for Wed’/Thurs. Friday… end month/Q2/H1 would offer a bounce. Next week is clearly going to be pretty subdued.
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notable stock: TSLA
S/t speculative buyers… but until its back above the 200dma, I’ll struggle to take it seriously.
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notable stock: RIVN
Guggenheim with a ludicrous ‘buy to $18’ target.
I see no l/t future for Rivian.
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notable weakness: HD
I still no news for this. Sister LOW is similarly lower.
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notable retail: WMT
Walmart struggling… for no particular reason.