The SpaceX saga continues, with the stock up massively on its second day as a financial instrument. Elon Musk is now wealthier than THE BOTTOM FOUR BILLION PEOPLE ON EARTH put together.
Half the World
Live at Five
Today isn’t quite as awful for me as you’d expect (blah blah SPCX the tale blah blah). Here are five short positions I just added, with stop-loss levels noted with red dashed lines:
Gotta Hand It To Ya
I had my entire morning burned up getting a rental car (long story, but this has to do with the lady-driver ramming into the back of my car, as written about a couple of weeks ago), so I’m very behind. I shall do a comment cleaner now featuring my normal hand……….
Small Cap Resistance
Please take note of what the IWM is doing vis a vis its long-term trendlines.
Peace Dividend
Welcome to a shortened trading week, everyone (thanks to everyone’s favorite and most-anticipated market holiday). Thanks to the peace deal with Iran, markets are flying to record highs all over the place, with, of course, a strong exception when it comes to the fear index:
