Tale of the Tape Good evening folks. Stocks gave some of it back today, the S&P 500 fell just under 1% and even the Nasdaq gave up a fraction even with strong tech earnings last night. Today was all about earnings as companies like Microsoft and Facebook held their gains after last night’s earnings. Tesla … Continue reading Amazon Will NEVER Stop Spending Money

Tale of the Tape Good evening everyone. The rally on Wall Street today was broad and glorious as stocks ripped your freaking face off. The S&P 500 was up 2.6%, the Naz was up 3.5%, and the Russell 2k was up 5%. Everybody made money except shorts and Utilities and the S&P 500 is now … Continue reading In Tesla We Trust 🇺🇸

Tale of the Tape Good evening everybody. Stocks were mixed today. The S&P 500 fell .5% and the Nasdaq fell 1.4%  while the Russell 2000 gained .5%. The highs came at the open, the S&P 500 began the day up 1.5%, got sold all morning, and then failed the bounce attempt in the afternoon. Here’s … Continue reading $HOG Wild

Tale of the Tape Good evening everyone. The stock market rallied today so let us rejoice 🙏🏻. The S&P 500 closed up 1.47% to close at 2,878, the highest close since six sessions. This was one of those backwards days we’ve seen a few times recently, where the laggards led and the leaders lagged. Small … Continue reading Tesla’s Heating Up Again

Good evening everyone. The week ahead should see a lot of action as over 800 public companies report earnings in the US. Among them, we’ll get Amazon, Tesla, McDonald’s, AMD, Visa, Facebook, Microsoft, Google, Merck and lots of others. See below for more. As an aside, we will never use the name Alphabet for Google. … Continue reading The Weekend Rip: Lean Hogs and Lean Pricing

Tale of the Tape Good evening fine people and congratulations - we made it to another Friday night without the Milky Way Galaxy imploding. Pour yourself a glass of your favorite spirits - you’ve earned it. Stocks closed higher today. The S&P 500 finished up 1.39% but was still down 1.32% for the week, though … Continue reading Zoom vs Facebook: Steel Cage Death Match

Tale of the Tape Good evening everybody. Stocks gapped higher but failed to hold.  Midday news broke that Gilead Sciences’ COVID-19 drug failed its first trial. Immediately following, the Dow dropped 400 points and $GILD was halted. The market traded lower the rest of the day, major indices closed at or near intraday lows.  Energy … Continue reading Sell the News, Take the Cannoli

Tale of the Tape Good evening folks. Stocks battled back like a champ today after a rough start to the week. The S&P 500 closed up 2.29%.  Delta Airlines reported its first loss in five years and burned through $100m. It fell 2.7% on the day which isn't that bad considering global quarantine and just … Continue reading Snapchat Wins The Internet.

Good evening everyone. Today, stocks relented. The S&P 500 fell 3.07%, its worst day since April 1st. We’re now down 5% for the week and it's only Tuesday. Technology was the worst sector falling 4.1% and Financials were 2nd worst dropping 3.2%. No sectors closed higher.  Big Cap Tech has been strong and so we … Continue reading Iller than Kim Jong Un