Very weird day yesterday with a ton of divergences.
More new lows than new highs.
Small caps and mid caps smacked.
Growth/beta smacked…for the first time in weeks, seeing a few names breaking support.
ENERGY continues upside. (not good news)
FINANCIALS still gross.
All this with the DOW up 200.
TESLA gets it all back from Friday. Again, Musk needs to raise money…had no choice. Now let’s see if his promise of profits and cash flow comes through.