Tale of the Tape Good evening everyone and welcome back to the funhouse. Stocks closed mixed today with the Nasdaq down a bit and the S&P 500 up a bit. The S&P 500 is having a ridiculous August up 15 out of 19 trading days so far. This 79% win rate is an all-time record … Continue reading Wal-Mart is Perfect for TikTok

Tale of the Tape Good evening everyone and happy hump day.The Nasdaq closed at all-time highs for the 5th consecutive day. Tech stocks were hotter than Death Valley.Facebook +8%Salesforce +26%Roku +11%Netflix +11%Amazon +3%Adobe +9%ServiceNow +6.5%Tesla +6% Energy was the weakest sector. The energy ETF, $XLE closed at its lowest level since July 13th. Should we … Continue reading Hotter than Death Valley

Tale of the Tape Good evening fine people. The Nasdaq and S&P 500 closed at new all time highs. The Dow Jones Industrial Average got a modern revival but the Index still closed lower. See more below. Facebook finished up 3.5% closing at new all time highs off the announcement of Facebook Shop.  Starbucks brought … Continue reading Pumpkin Spice For The Win

Good afternoon folks and welcome to the Sunday Rip.  Check out this chart from the awesome Market Ear Blog: If you missed the Stocktwits Top 25 this weekend, you can check it HERE. This week we get a bunch of software earnings. Salesforce, Box, Intuit, Autodesk, and Splunk all step up. Also, keep an eye … Continue reading The Weekend Rip: Where’d The Shorts Go?

Tale of the Tape Good evening friends and welcome back to The Daily Rip. Stocks rallied today and, surprise, the Nasdaq was out front again gaining 1.09%. All of the FAANG stocks were up 2% or more, which is freaking incredible, relentless, magical, and please feel free to add your favorite superlatives here ($FB, $AMZN, … Continue reading $FAANG You Very Much.

Tale of the Tape Good evening folks. The Fed released minutes from its July meeting here’s the money quote. The path of the economy would depend significantly on the course of the virus and that the on-going public health crisis would weigh heavily on economic activity, employment, and inflation in the near term and posed … Continue reading Target Crushed It