QQQs +1.2% as we head into Election Night w outperformance from semis +1.4%; ARKK +3%; and IWM +1.8%. Some movement towards DTrump today in betting markets but likely long night ahead:
DXY dropped 43bps, extending its losses from Mon. Treasuries roughly unchanged. BTC +3.5%; China +2%. Let’s get to the recap…
Internet
RDDT +10% as TheInformation wrote up a bullish article….Why Reddit’s Explosive Growth Could Last…I thought the fact that RDDT is working on translating all their responses into different languages pretty bullish for engagement/potential to drive ad revenue internationally. Have sold a bunch, but keeping a small long position on…
Keep reading with a 7-day free trial
Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.