Tale of the Tape Good evening folks and welcome to the future. 🚀 The Nasdaq Composite Index closed above 10,000 for the first time in its 49 year history while Tesla closed above 1,000 for the first time since it IPO’d 10 years ago. It’s up a cool 5,300% since then lol. Amazing. Quiet electric … Continue reading Welcome To The Future
Tale of the Tape Good evening everybody and welcome back to the greatest casino in the known universe. Speculation is running rampant and it is freaking glorious. Let upside volatility rain down like a meteor shower of silver dollars and may you bathe in the frenzy. Sure, this will end badly on a pin prick … Continue reading Nasdaq 10K
Tale of the Tape Hello everyone and welcome back to the Daily Freaking Rip! We love it when the world seems like it makes no sense. We don’t need it tied in a tidy bow 👒 because the world ain’t tidy. It’s a mess and it always has been. Talking heads are chirping because the … Continue reading Tesla, Highest Close Ever
Good evening, everyone. Wall Street ramped last week. The S&P 500 gained nearly 5%, the Dow almost 7%, and the Russell 2000 jumped 8%. The Fed will meet this week and will release its notes on the economy on Wednesday. In case you forgot, on April 29th the Fed said this,The Federal Reserve is committed … Continue reading The Weekend Rip: Are Airlines Back?
Good afternoon peeps and welcome to the Stocktwits Top 25 Newsletter for Week #23, 2020. The Stocktwits Top 25 reports the top 25 performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD) and tracks their performances over time. Here’s your Stocktwits Top 25 Lists for Week #23: Leading with … Continue reading Stocktwits Top 25 – Week 23 📈
Tale of the Tape Good evening everyone. It’s Friday and, truth be told, we’ve initiated a small long position in tequila shots, so please take anything you read here this evening with a grain of salt and a squeeze of lime. 😉🥃🧂 Vamanos... The Jobs Report set the constructive mood this AM. We’re not bleeding … Continue reading I’m On A Boat.
Tale of the Tape Good evening folks. Stocks were down fractionally today. Pretty benign given the robust nature of this rally. It was the first red day this week for the S&P 500 which fell .34%. The Dow and Russell 2K were flat like crepes. Financials were the strongest sector up 2%. Rate sensitive Utilities … Continue reading Airlines Taking TF* Off
Tale of the Tape Good evening everyone. What a miraculous stock market we have. Over the last 50 days, since the March 23rd bottom, the S&P 500 has been the greatest of all time. More on this below but here’s a quick chart of the major indices since that time… Epic! The Nasdaq 100 Index … Continue reading The Greatest Rally of All Time
Tale of the Tape Good evening everyone. The market edged higher today as chaotic earth continues its relentless barbaric wobble. The market was choppy all day then a wave of aggressive buying hit the tape in the last 15-minutes. Here’s the intraday chart of the Dow Jones. You can see the Dow jumped 120 points … Continue reading Resurrection Hardware
Tale of the Tape Good evening everyone and welcome back to le grand casino. Stocks closed higher and why shouldn't they? Our cities may be tearing apart at the seams but we’re dropping duffel bags filled with cash from the sky so who cares… The S&P 500 rose .38% led by Real Estate, Energy, and … Continue reading We Made It.