The headlines will read NASDAQ +136 — but it was mostly Apple and friends gapping up — tera cap breadth at 74% while simultaneously small caps at 33%. On one end of the barbell was Tera caps +0.6% and the other small down 0.7%. If you lost money today, it’s because you’re long a lot of shit and did not adjust.
I recovered my losses and closed flat, a real accomplishment given the lack of movement in many of the smaller capped trading stocks.
Heading into the final trading day of the month it would bemuse me if stocks didn’t trade up. I think it’s fair to say very few things can stop this upward surge; but it is a traders market and requires a level of skill some of you, quite frankly, are not ready to exhibit.
Nevertheless, I remain at your service.If you enjoy the content at iBankCoin, please follow us on Twitter