US equities are significantly higher. The market is s/t cyclically high though, and inclined for chop ahead of Tuesday’s CPI data. WTIC prints the $89s, helped by the cooler dollar .
sp’60min
VIX’60min
Summary
Well, green target zone has been fully met.
Now its arguably just a case of whether Tuesday opens higher or lower. I’m guessing the former, which would make for a s/t cycle peak ahead of quad-opex… with a pin around 4000.
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notable Dow component: BA
Higher with the main market. Broadly… psy’$100 looks a threat, with a main market smack down.
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notable weakness: AMD
Concerns of more chip sanctions against the Chicoms.
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notable strength: F
Bouncing… and I see this as a valid short.
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notable miner: LAC
I see no news. I see the stock/sector as problematic with the main market into early Nov’.
Time for lunch…





