Oh, $SNAP

Tale of the Tape Good evening, everyone. Stocks closed near the lows for the 4th consecutive day. Still no stimulus. Should we be worried? Time will tell.   Here’s the daily chart of the $SPY: Communications and consumer staples were the only green sectors. You guessed it, energy lagged. Solar sucked. Maybe the sun will come … Continue reading Oh, $SNAP

Solar Surged.

Tale of the Tape Good evening, y’all. It’s 10.20.2020. How bout that. The major indices squeaked out a slight gain. Still no stimulus.  Energy was the strongest sector. Consumer staples was the only sector in the red.  Bitcoin broke back above 12,000. The cryptocurrency ticked a high of 12,486 last August. Is it heading toward … Continue reading Solar Surged.

Mondays.

Tale of the Tape Good evening, y’all. It was one of those Mondays. Not quite like 1987, though. Stocks rolled over and we still don’t have a stimulus. We’ll see if Washington can get its act together. In case you forgot, the election is in 2 weeks.  The S&P 500 fell to prices not seen … Continue reading Mondays.

The Russell Rallied

Tale of the Tape Good evening y’all. Another day, another dollar. The Russell 2000 was the only major index to finish green following this morning's weakness. More on the small-caps below. Jobless claims increased since last week. A stimulus would probably help.  Energy was the strongest sector. You don’t see that every day. Healthcare and … Continue reading The Russell Rallied

JPMorgan’s Traders Crushed It

Tale of the Tape Good evening, y’all. Stocks were kinda quiet. The major indices all closed negative but none fell more than 0.75%. Maybe we’re digesting yesterday’s gains? Place your bets... Financials, real estate, and energy all dropped more than 1.5%. Communication services was the only green sector.  JPMorgan reported better-than-expected Q3 earnings, but the … Continue reading JPMorgan’s Traders Crushed It

Nothin’ But $NET

Tale of the Tape Good evening, y’all. What a way to start the week. Stocks ripped like it was the last day on Earth. The tech-heavy Nasdaq led the major indices.Technology was the best performing sector. Materials lagged.Facebook, Apple, Amazon, and Google showed out:$FB +4.27%$AAPL +6.37%$AMZN +4.75%$GOOGL +3.56% Today, the “Big 4” gained ~$270M in … Continue reading Nothin’ But $NET