US equities open in minor chop mode, if leaning on the weaker side. VIX 14/15s is offering the bears very little. WTIC $75.89, with Natgas $4.00.
sp'60min
VIX'60min
Summary
Subscriber note... sorry, as I merely await my server admin.
In the meantime... back here... my old haunting ground.
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S/t equity momentum has turned negative, as the setup leans weak.
Yours truly is mostly just watching SMR, and hoping it gets knocked to 22/21s by early next week. I'm guessing I'll do nothing until next Monday.
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notable stock: MU
Dragged down by SK Hynix... whose earnings were fine, but guidance was 'uncertain'.
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notable stock: AAPL
Goldman, buy, 286>280
The stock is clearly building a floor from the 200dma.
The only threat is a brief foray under, if the SPX cools to 6000 or 5900.
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notable nuclear stock: SMR
I'd like the 22/21s... but that isn't in range today.
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notable miner: FCX
Post earnings depression...
EPS 31cents vs 22est. Rev' y/y -3.1% to $5.72bn vs 5.99est.
