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Tech Diverges From Dow — Momentum Stocks Surge to Record Highs

ibankcoin.com / Dr. Fly / Jul 18, 2017

How many of you faggots are long AAOI because of the AMZN datacenter 100g upgrade cycle? I bet zero of you, myself included. Nevertheless, we’re in a market that is splintered, with retail, commodities, healthcare and industrials flagging, all the while tech surges to record highs.

This is, without question, reminiscent to the days of 2000, when my friends and I would lay waste to the old men snoring in the boardroom, long ‘old economy’ stocks. As punk youngsters in dot coms, the ‘new economy’ offered both opportunity and profit. I’d take market gains and spend them, thriftlessly, at my personal jeweler. I did everything wrong, as a young moron market participant in the latter days of the tech bubble.

Today, we have grandeur in a select few stocks, heavily owned by the laziest asset managers the world has ever known.

Here are today’s standouts.
SPWR, AAOI, MTCH, VSLR, VIPS, OLED, JD, SHOP, TWOU, DIOD, YELP, YY, SHOP, BABA.

Here are some non-tech stocks making waves.
RH, RAD, LFUS, TREE, TSLA, WYNN and of course PETS.

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