This is, at last, the first interesting evening of earnings in this cycle, and Tesla (TSLA) is knocking the doors off, with a lift-off of about 7% based on strong earnings. This would completely seal the gap from October 10th.
Lam Research is likewise enjoying a rally.
In sharp contrast to this, International Business Machines is tumbling, presently down about 4%.
What’s exciting to me is that the /ES is absolutely beautifully poised to have this kind of action in the hours and days ahead:
