Tuesday 1 February 2022

3pm update - into the close

US equities remain in minor chop mode. S/t price structure remains a bear flag. VIX is cyclically low.


sp'60min


VIX'60min


Summary

*first... yes.. I've issues with my website. One minute its fine... the next... it won't let me post anything. Subscribers... we'll be here for the rest of today. Hell, maybe the rest of the week. In any case... at least this works.

As for equities, s/t momentum continues to weaken, set to turn negative Wednesday morning. I'd note the lower side of the bears flag... which will be around 4375 Thursday morning.

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notable stock: AMD

Earnings due in AH
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notable stock: PYPL

Earnings due in AH

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notable stock: GOOGL


Earnings due in AH

notable energy: XOM


A new hist' high is impressive, and that is with WTIC nowhere near psy' $100.

back at the close

Yours... stressed... and it sure ain't market related.