3pm update – awaiting AAPL, AMZN, INTC, ROKU, X

US equities are set for very significant/powerful gains… for what is an especially bullish Thursday. WTIC has printed the $105s… which isn’t going to help the US/global consumer into the summer.

sp’60min

VIX’60min

Summary

Suffice to add… a bullish day, which gives confidence of further upside – if choppy, into, if not beyond next week’s rate hike. Broadly, this market is still broken.


notable stock: AAPL

Apple has earnings in AH. A wild card.

notable stock: AMZN

Amazon has earnings in AH. The concern about be higher staffing/fuel costs.

notable stock: INTC

Intel has earnings in AH. M/t bearish with the main market.

notable stock: ROKU

ROKU has earnings in AH. Absolute m/t horror

notable stock: X

US Steel has earnings in AH. If they come in good, it should help sister CLF into the weekend.

back at the close…