Energy Sucks

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 🚀

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?