Monday's market advance had some conspicuous and worrisome divergences: * Market breadth was poor and leadership continued to narrow (even more noticeably than in the past few days): * The VIX strengthened to 18.38 (+1.19). * Financials were noticeably weak. Homebuilders, restaurants (Shake ...
Read in context ›Meta Platforms Stock (META)
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816 articlesDaily Diary Mentions
135 mentionsDivergences Aplenty in Monday's Trading Late Morning Market Data Breadth S&P 500 Sectors % Movers Nasdaq 100 Heat Map
Read in context ›From the Street of Dreams From JPMorgan: US: Futs are higher. Pre-market, Mag 7 are mixed: AMZN +2.8%, META +0.6%, AAPL -0.4%. Apple announced its new CEO after yesterday’s close (John Ternus will become the CEO effective September 1st); AMZN announced it will invest another $25bn in Anthropic ...
Read in context ›Party on Wayne, Party on Garth! * The market is balancing on a few stilts, hoping nobody notices (the high wire act) * It is Tom Lee's world... This week I sold out the balance of all of my technology (AMZN, META, MSFT, GOOGL) and financial longs (BAC, C, WFC, AXP, MS) on substantial ...
Read in context ›Tech Sales I have sold the balance of my tech longs: * AMZN $248.18 (-$0.86) * GOOGL $334.44 (+$1.51) * META $674.18 (+$11.60) * MSFT $408.27 (+$15.15) Position: None
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