Thin Air

By -

A few hours ago, Bitcoin blasted well above $71,000, only to give it up for no particular reason (except, naturally, buying exhaustion).

Likewise, the /NQ was up triple digits and then reversed hard.

With such critical foundational elements at Nvidia giving up on its quest to cross $1,000 for the first time and instead slip to an 8-handle.

Maybe it has something to do with the fact that the stocks people are focused on today are the kind of absolute garbage stocks that no one in their right mind would want to actually own. Just a guess.