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For these of you who noticed my tastytrade present at this time, you noticed me state that I had my head blown off in buying and selling and was a-ok with it, because it comes with the territory (OK, it wasn’t that dramatic; I’m nonetheless forward of 99.99999999% of all merchants this yr).
This uncommon confidence appears to have been well-founded, as we’re beginning to get some surprising information after hours within the type of SNAP making an unscheduled announcement that they’ve obtained to change steering.
SNAP’s unhealthy information is bleeding over to different tech corporations, like fallen angel Fb (NASDAQ:).
Pay attention to what the did Monday. It vomited straight up and threatened, for the third time, to interrupt above its resistance. In a single millisecond, the futures market collapsed beneath this failed try.
Good.
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