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Best explanation I heard about yesterday was Bob Pasoni on CNBC. The VIX ($UVXY/$SVXY) that it monitors now - CPI data, Fed and Elections. 2 of the 3 with the readout yesterday are off the table and we know about. That made people move to safety.
$AMZN didn’t move well and neither did ark
Money went to places where people expected growth like $AAPL $MSFT and Energy
This setup and run up happens right before earnings which should be brought down
$Udow
$Ddow
$Soxl
$Soxs
$Drv
$Jpm $gs and other financials went crazy
$Nflx - $6.99 per month ad supported tier … remember … msft is their ad partner
$Meta - in their $1.2 billion decrralizeland - only 30 active users …. This seems like someone built it and they aren’t coming … remember MySpace being bought for $1 billion and then not existing?
The uk is making markets going nuts with them going back on tax cuts
$C beats -$MS slightly missed
$HBI - Beat up enough?
Cathy woods down 66% and buffet down 6%
ENERGY
$Cop
$Dvn
$Oxy
$Xom
$Cvx
$Fang
$PXD
$UPRO - bull
$SPXU - bear
$SPXL - bull
$TQQQ - bull
$SQQQ - bear
$SARK - bear
$TSLA - cross up - possible buy back with so much cash - could boost stock way up
SCANS
$TSLA
$MS
$AMD
$APPH
$DIS
$LI
$SNDL
$SEDG
$PLUG
$CSCO
$AMD
$SO - Like $DUK
$MS