Weekend Rip 2/16 Good Sunday folks. This week, earnings season begins to wind down. We'll get reports from Walmart, Dominos Pizza, and John Deere among others (See below for more).   Here’s the weekly S&P 500 chart. That's a break out right there: S&P 5003,380+1.58%Nasdaq9,731+2.21%Russell 20001,687+1.86%Dow Jones29,398+1.02% Weekly percent changes Speculation Rising Over the weekend Sentiment … Continue reading Speculation Rising

The Tale of the Tape Good Evening Folks. Today was a snoozer. If it wasn’t for the $ROKU reversal and the Virgin Galactic stock launch into the Andromeda Galaxy, we’d have extended our usual after lunch siesta. Fridays in 2020 have been yawners and we’ll take it.  If we zoom out, the S&P 500, the … Continue reading Is the Kush Coma Finally Over? 🌿

The Tale of the Tape Good Evening Folks. The indices were flat to mixed and marked two consecutive days small caps outperformed (see below for more) while the mega-cap Dow underperformed. Utilities and Real Estate were the best sectors and made new highs. These guys have been stalwarts as y’all know if you’ve been reading … Continue reading DraftKings Making Money Moves

The Tale of the Tape Good evening folks. The S&P 500, the Dow, and the Nasdaq all closed at new highs. The Russell 2000 posted a strong day, but we are still waiting for a close above its mid-January levels.  Energy, yes energy was the strongest sector again. Consumer Staples was the weakest, but its … Continue reading Ethereum Delirium 🥴

The Tale of the Tape Good evening folks. Stocks closed positive but faded through the day, giving back much of the pre-market gains. Small-caps led the major indices in what feels like the first time since Hector was a pup.  Internally, real estate marched higher (beast), and energy and consumer discretionary were not far off. … Continue reading Bezos Sprinkles $4B on his Corn Flakes

Markets are not fully efficient but they’re not dumb either.

Weekend Rip 2/9 Good Sunday to you all. 394 companies report earnings this week. Some notables include, Lyft, Shopify, Cisco, Alibaba, Yeti, and Roku. See more below.   Here’s the weekly S&P 500 chart. The index had its best week since early June rising 3.17% within 2 points of a weekly closing all time high.  S&P … Continue reading The Best Week Since June

Good evening folks. Remember a week ago today when stocks fell 2% and the TV was all like, “holy short, China has coronavirus and stocks, they are crashing!”? Well, sorry to disappoint the latest unreliable sources, but the world didn’t end and, in fact, stocks bounced back making up the difference and then some. The … Continue reading Canada Goose GTFO…

Good evening folks. Stocks gapped higher at the open then remained quiet through the day. The Dow is now up 1100 points from last Friday’s close. We saw light volume and a tight trading range on the major indices, perhaps the market needs a breather. Flat and low volatility tomorrow would cap a constructive week.  … Continue reading #STONKS

The Tale of the TapeGood evening folks. God bless this resilient stock market. Today, the S&P 500 made fresh all time closing highs a day after the Nasdaq set one. Amazing. This comes despite Friday’s bloodbath, the coronavirus China shutdown, oil’s precipitous downward spiral, political bankruptcy on all sides of the aisle etc.   Energy … Continue reading Teslamania… The Simulation 🌷