Tale of the Tape Good evening folks and welcome to the Tuesday edition of the Daily Rip. Today, stocks fell if you can believe it 😱 The S&P 500 dropped .8% for its first down day in August. Tech took it on the chin again while small caps and financials outperformed for the third straight … Continue reading Splitsville for Tesla
Month: August 2020
Nikola Gets Trashy
Tale of the Tape Good evening everyone and welcome to the working week. Stocks were mixed today with high dispersion between the major indices. The Nasdaq Composite fell .5% while the Dow and Russell 2000 rallied 1%. Tech was the weak spot, while select industries rallied hard. Airlines , for instance, took off, gaining 7%, … Continue reading Nikola Gets Trashy
The Weekend Rip: 2nd Highest Weekly Close Ever
Good evening everyone and welcome to another glorious week in the stock market. Earnings season is still in full effect and this week we’ll see numbers from Mercado Libre, Novavax, Nio, and DraftKings. Last week the market chugged higher. This is the second highest weekly close ever in the S&P 500. Really take a moment … Continue reading The Weekend Rip: 2nd Highest Weekly Close Ever
Stocktwits Top 25 – Week 32 📈
Good afternoon everyone and welcome to the Stocktwits Top 25 Newsletter for Week 32, 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 32: ST Top … Continue reading Stocktwits Top 25 – Week 32 📈
6 Straight. How Bout That.
Tale of the Tape Good evening folks. It was a light summer Friday on the tape. Big cap tech cooled off. The Nasdaq was the ugly duckling among the major indices. Meanwhile the Russell 2000 closed up 1.59%. Is this market rotation in action? The S&P managed its 6th straight green day for the first … Continue reading 6 Straight. How Bout That.
Goin’ All In
Tale of the Tape Good evening y’all. Stocks closed higher again today. The S&P 500 gained .64%, the fourth consecutive rally this week, five in a row going back to last Friday. Hope we didn’t just jinx it for tomorrow 😬 Tech was back in the driver’s seat with the Nasdaq up 1% and Energy … Continue reading Goin’ All In
The Death of the Dollar?
Tale of the Tape Good evening everybody. Stocks were lit again today and before we proceed, let us pay homage to as beastly a bull as we have ever seen. The Nasdaq Composite closed at an all time high of 10,998. This is a 60% gain from the March 23rd close. Much respect and humility … Continue reading The Death of the Dollar?
The Presidential Pump and Dump?
Tale of the Tape Good evening everyone. Stocks closed fractionally higher on light Summer volume. It was a yawnfest. The S&P 500 closed up .36%. Gold closed above $2000 for the first time ever on a dollar weakness and momentum cocktail. See more below. Energy was the best sector. It rallied 2.45%, proving that even a … Continue reading The Presidential Pump and Dump?
Flying Space Chariots?
Tale of the Tape Good evening everyone and welcome back to el mercado grande. The Nasdaq closed at all time highs and the S&P 500 closed at its highest level since February 21, 2020. For the first time in a bit, the Russell 2000 led the way. Trump gave Bytedance 45 days to sell Tik-Tok … Continue reading Flying Space Chariots?
The Weekend Rip: We Have More Earnings
Good afternoon people of Earth. Earnings season is still in full swing. Last week we got numbers from Apple, Amazon, Google, and Facebook. This week many high flyers such as Chegg, Twilio, Etsy, Roku, Square, and Datadog are scheduled to report earnings. It should be another busy one, get some rest. We saw a crazy … Continue reading The Weekend Rip: We Have More Earnings