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
Month: October 2020
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.
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 Weekend Rip: Be JUST
Tale of the Tape Good evening, everyone. We hope you enjoyed your time off. This week should be wild. Nearly 300 companies are expected to report earnings. Netflix and Snap will report on Tuesday. Tesla is scheduled for Wednesday. See the calendar below. Last week, JUST Captial updated the JUST 100. In 2020 it pays … Continue reading The Weekend Rip: Be JUST
Stocktwits Top 25 – Week 42 📈
Good afternoon, everyone and welcome to the Stocktwits Top 25 Newsletter for Week 42, 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 42: ST Top … Continue reading Stocktwits Top 25 – Week 42 📈
Happy Freakin’ Friday.
Tale of the Tape Good evening, everyone. Happy freakin’ Friday! September Retail Sales rallied. We saw nearly a 2% increase last month. More on this below. Stocks were mixed. Things got funky at the close. We’ll see where we open on Monday.Here’s the 5-min chart of the S&P 500 ETF $SPY: Energy lost power. $XLE … Continue reading Happy Freakin’ Friday.
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
The Weekend Rip: It’s Earnings Season
Good evening, everyone.Earnings season kicks off as the major banks get ready to report. JP Morgan and Citi will release numbers Tuesday morning, Bank of America and Goldman Sachs on Wednesday. The major airlines are also expected to report. We’ll see what those executives say about the status of the industry. See the earnings calendar … Continue reading The Weekend Rip: It’s Earnings Season