You might as well take the Dow 30 off your screen as there is a sea of red and green soup in the broader indices. As Fly and Raul have reported, FANG stocks are getting kicked in the teeth, along with much of the tech sector in general. Who knew that anti-Trump Jeff Bezos and liberal tech titans would fall out of favor? Bet against Trump, get your dick chopped off. Sorry NFLX, guilt by association.
Take a quick look at a heatmap of the market to see today’s mixed bag:
Long bonds are holding relatively steady after yesterday’s selloff, though pressure is downward and is dragging yield names with it.
I’m also keeping an eye on this 10 year chart of TNX:
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You have, my good man, been cranking out absolutely stellar posts laced with all types of goodness! The recent post of the crying liberals holds a special place in my heart. KeK/LOL/etc. for sure…
What program is used to generate or where did you find that market “heat map”?
Thanks @heaterman, been trying to keep it spicy! I’ve never cared so much about an election, or been less humble about my guy winning. Kind of feel it’s appropriate given the level of pre-finish line celebration by the MSM and snarky libs I know.
Here’s where you get the heatmap:
https://finviz.com/map.ashx?t=sec_all
Nice to see many names pulling themselves together as the market shoots higher.
Agreed – not sure where you came from but keep up the good work!
Thanks Heckler. I’ve been following Fly and the crew for close to a decade and have been lurking. Fly got sick of me emailing him caffeinated 2AM Judge Murder conspiracy theories so he let me share the stage with the iBC All Stars.
On that note, I should do a plug: for anyone not a member of Exodus who is on the fence – it’s a pretty amazing system, and the conversations between members are productive and actionable. It’s certainly kept my head way above water through the years, and at ~$40 / month at the Distinguished Gentleman level, it’s totally worth it. /plug off