Note: We sent out previews of NXPI, LYFT, and HUBS earlier today to our TMTB Pro subs. If you are a TMTB Pro Sub and didn’t see it, please reach out to me.
QQQs finished up 40bps on the back strong outperformance from the large caps as ARKK fell 1.6% and highly shorted stocks gave back some of the gains from last week. Some digested the Fed loan survey which pointed to softening demand and tightening lending conditions across the board. Treasuries fell slightly and crude finished up 40bps.
Not a ton of idiosyncratic moves today, but we’ll cover what stood out as we wait for more earnings the rest of the week.