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Happy Sunday As the markets flirt with all time highs after a dovish Jerome Powell last week we are kicking off with another earnings season in the week ahead. We have had some big companies BASF and Fastental already reporting warnings of significant misses. After the dovish Fed speak the markets lifted and it was a broad array of stocks that moved markets higher. With earnings season..
Read MoreHappy Sunday We have a lite week for earnings and economic data but we do have a couple potential catalysts ahead with a big restructuring announcement from $DB that will likely impact financial stocks as well as...
Read MoreHappy Sunday everyone We are all friends again .... its a kumbaya moment between Unites States, China and North Korea. The markets are likely going to react positively which means we could be looking at a gap up day on Monday which are actually my least favorite days to trade. We also have a holiday week ahead and we are lite on earnings but still have some economic data that could impact markets. There could be some nice action throughout the week for the bulls.
Read MoreHappy Sunday The Fed did not disappoint last week and the markets seemed to like what he had to say sending the SPY to new all time highs. This week there will be a lot of focus on China and the G20 summit. There will also be a lot of economic data out to absorb as well as any new developments with the Iran situation that may occur. Last week I was concerned that if the the fed did not deliver the market may see some weakness. Technically we are
Read MoreHappy Sunday To all you great hard working fathers out there >>Happy Fathers day. The stock market has a big week ahead with the Fed announcement and we could be set up for a disappointing result if the Fed doesn't appear as dovish as the street has anticipated. If you are a day trader technically there are signs that we could see a near term pullback after the recent rally and there may be some short biased ..
Read MoreHappy Sunday Futures are pointing towards a gap up after the Trump administration announced that tariffs will not be implemented on Mexico. President Trump tweeted after the close on Friday that the tariffs have been "suspended indefinitely" which means, we should be good for at least a couple of months before he changes ..
Read MoreHappy Sunday Tariffs on Mexico, China trade war, inverted yield curve, recession, impeachment, were a few of the hot topics last week and the negative sentiment is weighing heavy on the markets. Technical damage..
Read MoreHappy Sunday I hope you are having a great holiday weekend. I want to give a special thanks to all of those people and their..
Read MoreHappy Sunday Markets struggled last week with China trade war fears ramping up. With earnings season coming to an end we could continue..
Read MoreGood morning, Happy mothers day to all the fantastic Moms out there and happy Sunday everyone else. We saw some weakness in the overall markets last week from the breakdown in China trade negotiations and the increase in tariffs. However, the markets did not react nearly as badly as some would have anticipated. There was...
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