SnapFarts

Tale of the Tape Good evening folks.  Stocks were mixed today with the Nasdaq and big cap tech contingent taking the brunt of the selling yesterday never happened. The market couldn't care less about a consistent narrative and it has zero memory from day to day so whatever.  Banks, small caps, and other loser stocks … Continue reading SnapFarts

Portnoy’s Revenge

Tale of the Tape Good evening folks and welcome back to the greatest casino on God’s Green Earth.  Stocks rallied today. The S&P 500 rose 1% for its highest close in over a month. We’re now a measly 5% from February’s all-time closing high. The morning began with a lift on positive COVID vaccine news … Continue reading Portnoy’s Revenge

WTF?

Tale of the Tape Good evening friends and welcome back to the grand casino.  Stocks began the day riding euphoric momentum like a rocking horse winner but then things fell apart.  The Nasdaq 100 traded up by 2%, making all-time highs, then dropped precipitously to close down 2%. More on this below.  Here’s the ugly … Continue reading WTF?