The difference between $QQQ and $RSP is wild.
$QQQ is sitting about 1% from its high.
Meanwhile, the average stock in the S&P 500 is 21.2% below its 52-week high.
That is a massive divergence beneath the surface.
Stats:
Mean: -21.20%
Median: -17.82%
25th percentile: -29.07%
75th percentile: -12.27%
Furthest below 52-week high: -78.42%
Closest to 52-week high: -0.06%
$QMCO
Still acting well, for now.
$MU earnings tomorrow will likely affect this name, for better or worse.
$QMCO
Started buying yesterday at $26.67 with what I call an "explosive action continuation setup" or EAC.
I was obviously not a fan yesterdays hard squat and closing the day on down on the position a smidge.
Great action today though, added a couple times into today's strength, nice close.
$MRNA
Great to see the name able to move past and close above the $200.
$JNK
Interesting to see selling volume spike as sharply as it did today.
Looking back over the past couple of years, large spikes in selling volume on $JNK have often coincided with the start of a rally.
The key difference this time is that, in the last two instances, $SPY was below its 200-day moving average. Today, it’s only a couple of percent off all-time highs.
Weird market.
This dramatic rise in yields, along with dwindling market breadth, and falling $JNK
seems sus
bitcoin:native ethereum:native solana:So11111111111111111111111111111111111111112
Great to see the #crypto complex back in action the last couple of months.
$QMCO
Started buying yesterday at $26.67 with what I call an "explosive action continuation setup" or EAC.
I was obviously not a fan yesterdays hard squat and closing the day on down on the position a smidge.
Great action today though, added a couple times into today's strength, nice close.
One of my favorite new features on the @Deepvue platform is this super simple, but really well-done, New 52-Week High/Low app.
Checking this section a few times a day has quickly become part of my routine.
From here, every ticker is clickable, which brings up the chart. Clicking on the company logo also gives you the option to add the stock directly to a watchlist of your choosing.
Simple, useful, and a great way to stay on top of what’s moving.
#value
$DELL continues to show incredible strength in a very rough tape.
The big spikes in volume are clear fingerprints of institutions buying shares. We know damn well your Aunt Sally isn't buying 30 and 40 million shares at a clip for her IRA.

























