All Eyes On AMC

All eyes are on AMC, but there is other compelling action going on including a strong breakout in the oil patch.

I think this move lifts WTI to $73.00, which is the next major resistance area.

WTI

Technology acts better, especially semiconductor names, and there is a cautionary feel with solid gains and flow into Utilities, Consume Staples, and Real Estate.  The market is mostly waiting on the jobs report and that could mean trading in a narrow range until Friday morning.

To see the chart, click here.