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 ›Microsoft Stock (MSFT)
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985 articlesDaily Diary Mentions
175 mentionsDivergences Aplenty in Monday's Trading Late Morning Market Data Breadth S&P 500 Sectors % Movers Nasdaq 100 Heat Map
Read in context ›Amazon Vs. Microsoft After Revised OpenAI Agreement Amazon AMZN Vs. Microsft MSFT (as terms get revised on MSFT/OpenAI agreement): Positions: None.
Read in context ›Broad Large-Cap Tech Strength Despite -$5 and -$11 drops from the intraday highs of Amazon AMZN and Microsoft MSFT (I eliminated both longs yesterday), the Nasdaq remains +300 handles higher. This points to the magnitude of the broad strength in large-cap technology. Position: None
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 ...
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