US equities are certainly choppy, but still leaning on the positive side, as s/t momentum is set to turn positive, and prop the market upward into the weekend. WTIC remains weak, -2% in the $40s.
sp’60min
VIX’60min
Summary
Little to add… for what is a positively choppy Friday.
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notable stock: DIS
AH gains were 7%… and now… not so much. Daily momentum is over-stretched.
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notable weakness: AAPL
Smartphone shipments imploded -25% in China in October.
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notable mining ETF: GDX, 60min
A little morning washout, and back on the climb. I’d like an exit within purple/green gap in the mid $39s… clearly not until Monday.
Time to check on the cheerleaders…