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Good morning Equities are still struggling however China names seem to be getting some action. China stocks can be like biotechs so be very careful and do not chase. If you swing them make...
Read MoreGood morning The equity markets are bouncing slightly in premarket after yesterday’s pullback where we saw some key technical levels broken in several sectors and we closed at or near the low of the day. We have not had any kind of significant correction in quite a while so as we head into what is typically the worst seasonal time for the markets it would not be shocking to see the markets continue to reset a bit. I am not suggesting that we are going to see a full-blown....
Read MoreGood morning if you did not have a chance to watch yesterdays market wrap I will reiterate my thoughts here. Markets are still guilty until proven innocent. I have an uneasy feeling with the way nothing seems to impact the markets in a meaningful way. There is a lot going on out there that puts into question any substantial work being done with tax reform or infrastructure. The markets typically do not react well in times of uncertainty...
Read MoreGood morning Equities are gapping up slightly again this morning while we are seeing gold pulling and oil is basically flat. The dollar is up just slightly. The API report showed a draw in oil inventories last night lets see if the petroleum status report confirms that draw down.
Read MoreGood morning Equities are gapping again this morning the dips continue to get bought and corrections don't seem to last very long. Over the next couple weeks we will see if that was just a blip on the path to new all time highs or if this bounce is just a trap to get people.....
Read MoreGood morning Equities are bouncing back this morning in premarket with gold gapping in the opposite direction. The dollar is showing a little strength with oil basically flat. Gap are challenging do not chase we need to see if this is really an area of support or if its just a dead cat bounce.
Read MoreGood morning CPI just hit and came in soft and that is giving the market a little bounce after the technical damage we did over that last few days. With increasing global tensions and earnings season winding down it's not a shocker that we are seeing some weakness. I have been suggesting to the pro members that if they have good profits in swings or long term holds it may be a
Read MoreGood morning I apologize for yesterday it was a rough day but that is behind me now. We are looking at some pressure in equities this morning from all the rhetoric between North Korea and President Trump. Gold and volatility could get some follow through so keep an eye on JNUG NUGT TVIX UVXY do not chase and I would look at these as.....
Read MoreGood morning Equities are taking a little pause with the S&P and NASDAQ slightly red in premarket while gold and oil are showing a tad bit of strength. Positive earnings continue to roll in while guidance has also been fairly upbeat and ultimately earnings are what matter to stock performance. We may be just grinding higher but with earnings as strong as they are its tough.....
Read MoreGood morning Equities are getting some follow through this morning while gold, oil and the dollar are pulling slightly in premarket. Oil and energy names could be
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