Morning Meltdowns

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Megacap semiconductor maker Intel (INTC) is down a double-digit percentage. In a normal market, this would mean an overall market crash, but, meh……….

intcms

I had toyed with the idea of shorting a little Tesla (TSLA) after yesterday’s open, but I confess I was too nervous about it. Shame on me. This pig is being turned into bacon. It may seem like a blip right now, but the stock is already down nearly 30% from its near $1800 price a few days ago. The existence of $3500 calls on TSLA has mutated from curious to comic.

tslad