On CNBC, I see David Tepper talking about the Goldilocks economy, you know where there is not too hot (forget TSLA, only up 40 bucks in 3 days), not too cold (forget GLD, some downtrend line that is), and just right (the Dow). I doubt if there are three bears left to cause any fear, perhaps there is one somewhere, anywhere?
See how the game is played. Tesla opens up 6 bucks and sells of steadily, now red on the day. Also see Soda get upgraded this morning, the May calls closed at 57 cents yesterday, they opened at 2.30 this morning and are now trading around 6. A nice quick trade. This is how hot momo stocks behave. This is why such stocks have their adherents.