
Time’s Up, Tik-Tok

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Last night I was feeling very left behind, since the QQQs were plunging, and I was sitting around with IWM puts, and the small caps were just sitting there like an oil painting. Well, I’m pleased to be “left out” tonight, because tech stocks are going insane. I mean, look, I don’t even know what to SAY about a chart that looks like Alphabet’s except, gosh ,that sure is going up a lot. It’s basically unchartable.
In sharp contrast to yesterday’s META wipeout, the tech stocks are exploding higher tonight, driven by the typical nonsense of (a) massive buybacks (b) massive dividends. Google in particularly is blasting to never-before-seen highs.
Oscar Health (OSCR) continues to do nicely………….
An important supporting trendline for MSFT, which reports earnings after the close today, has been broken.