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Good morning Earnings season has been very strong and even though we are seeing headlines of new record highs there are sectors and stocks that are giving us some caution signs. Over the last 20 years the stock market has only been up 5 times in August so while that doesn't mean we will end this August lower it does suggest...
Read MoreEquities are basically flat in premarket with gold pulling a bit with oil and the dollar basically flat. TEVA is getting whacked in premarket off of terrible earnings and a dividend cut. I have a small position in TEVA in the long term hold account and was considering just dumping it and taking the loss.....
Read MoreGood morning Unfortunately I am not feeling that well> some kind of flu bug so I may in and out of the chat room. Equities are up in premarket with the NASDAQ leading the way off AAPL earnings. We get oil inventories out today and that could be a catalyst for the energy names if we get a big draw. We took a look at some...
Read MoreGood morning Equities are gapping this morning as the dollar is flashing slightly green with gold and oil slightly red. Gap up day are tricky especially since we have not been getting a lot of follow through so be careful and do not chase. We have economic data hitting the street today that could impact the markets and AAPL after the close. The markets continue ....
Read MoreGood Morning Equities are green in premarket along with the dollar while gold and oil are just slightly red. Make sure you check to see when a stock you are considering to trade or take as a swing has earnings.
Read MoreGood morning I mentioned in last week stocks to watch video that we were overbought in several sectors heading into a big earnings weak and that this could be a week where not matter how good earnings came in we could see the start of some type of pull back. Earnings have been very strong...
Read MoreGood morning We have gold and equities gapping with oil pulling slightly in premarket. Earnings continue to be front and center with FB crushing and TWTR disappointing. Keep an eye on miners and gold don't chase the open look for an intraday setup JNUG NUGT GDX GDXJ.
Read MoreGood morning Earnings season is coming in very strong and there appears to be a bit of sector rotation developing from the high flying tech names to material & financials as well as oil and energy names. Equities are up once again in premarket while the dollar is flat and gold is pulling slightly. Oil is up slightly off an API report last night that showed a big draw however, ....
Read MoreGood morning We have the FOMC meeting starting today but its really expected to be a non event. Earnings by some big companies are coming in extremely strong CAT MCD AKS just to name a few. GOOGL reported strong numbers as well but a potentially big fine from the EU put a damper on their earnings. Oil is getting a bounce off comments from Saudi Arabia and the Trump administration so energy names ..
Read MoreGood morning Equities are pulling a bit in premarket off of comments and weak data coming out of Europe. The dollar continues to struggle while oil is getting a little bounce off of comments from OPEC and Russia. Earnings are front and center make sure you know when earnings are before taking a trade in any stock.
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