This third quarter earnings season feels a little manic.

There was apparently still a lot of underlying negativity priced in the market. And now every time a company reports strong numbers, the move to the upside is 10%, 15%, 20%… and the move is sustained 10% per day for days.

I don’t remember this volume of parabolic moves in a long time.

Like, e.l.f. Beauty (ELF) has charged 30% higher in five days…

Marathon Digital (MARA) gained 30% yesterday…

Gray Television (GTN) lost 30% on Friday…

Shopify (SHOP) up big this morning…

Bill Holdings (BILL) up huge last week on earnings and has been gaining almost double-digits per day since.

It’s been wild.