Tale of the Tape Happy hump day, everybody. The folks in Washington failed to reach a stimulus deal. Some stocks gave up intraday gains. Others held strong. Here’s the 5-day, 15-min chart of the S&P 500 ETF, $SPY: The Dow led the major indices. Healthcare, financials, consumer staples, and materials all gained over 1%. Industrials … Continue reading Who’s A Good Boy?
Month: September 2020
Tale of the Tape Good evening, everyone. Happy Tuesday. The markets were fairly quiet. All major indices fell but no index lost more than 0.5%. Communications was the only green sector. Energy continued to suck. More on this below.A handful of stocks rallied. Snapchat made a 2-month high. Peloton closed over $100 for the first … Continue reading Energy Sucks
Take Off 🚀
Tale of the Tape Good evening, y’all. Welcome back to the market of stocks. All the major indices closed green. The small-cap Russell 2000 led closing up 2.4%. Every sector was positive. Financials, energy, and consumer discretionary all gained 2%. Jfrog, Sunrun, and DraftKings closed at all time highs. Virgin Galactic took off. $SPCE gained … Continue reading Take Off 🚀
The Weekend Rip: Real Love or a 1-Month Stand?
Good evening, everyone. We hope you enjoyed the weekend. The S&P 500 closed negative 4 consecutive weeks. Will we make it 5? Place your bets… PepsiCo and Micron Technology will report earnings later this week. We’ll have a slew of economic data as the month comes to an end. See the calendar below.Here’s the S&P … Continue reading The Weekend Rip: Real Love or a 1-Month Stand?
Stocktwits Top 25 – Week 39 📈
Good afternoon everyone and welcome to the Stocktwits Top 25 Newsletter for Week 39, 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 39: ST Top … Continue reading Stocktwits Top 25 – Week 39 📈
The Sun Was Hot
Tale of the Tape Good evening y’all. We made it to Friday. 🍻 The market finished the week with a bang. The major indices all gained more than 1%. Tech was the strongest sector. Energy was the only sector to close red. Who knows what's going on with energy? Time will tell. The cruise lines … Continue reading The Sun Was Hot
Is The 200-Day Moving Average Important?
Tale of the Tape Good evening people of earth. Stocks were mixed. The major indices barely finished green. Utilities were the strongest sector, $XLU +1.12%. Energy, consumer discretionary, and healthcare were negative. Boeing landed to a 5-month low. $RAD reported bad earnings. Tesla gained 2%. Peloton and Zoom both lost 7%. Novavax initiated its Phase … Continue reading Is The 200-Day Moving Average Important?
Nobody Wants Gas Anyway
Tale of the Tape Good evening, everyone. It was a rough day in the markets. The Russell 2000 and Nasdaq both lost 3%. The Dow dropped nearly 2%. Every sector gave up at least 1%. Energy was the weakest. $XLE lost 4.5%. Tech wasn’t too far behind, $XLK -3%. Here’s the bloody S&P 500 heat … Continue reading Nobody Wants Gas Anyway
Stocks Rise, Leaves Fall
Tale of the Tape Good evening, everyone. It's the first day of fall. 🍁 We’re almost through 2020. 😅 Stocks closed higher. The Nasdaq led while the Dow lagged. Consumer Discretionary closed up 2%. It was the best performing sector. Financials and energy were the weakest. Pinterest, Zillow, and Zoom made new all-time highs. Exxon … Continue reading Stocks Rise, Leaves Fall
Stocks Move Many Ways
Tale of the Tape Good evening, y’all and happy 21st night of September. Today we saw blood in the streets and wicked reversals. Small-caps got crushed. The S&P 500 finished -1% after being down as much as -3%. Energy unplugged and lost 5%. Financials fell 3%.Despite the weakness, there was plenty of strength. The Nasdaq-100 … Continue reading Stocks Move Many Ways