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Good morning We have a big week ahead for economic data and a potential path to trade resolution with China. It could be a wild week for equities in what has been a tough market for both bulls and bears. Many have been waiting for a pull back (myself included) so the bulls have been under invested and the bears have been..
Read MoreHappy Sunday We have some critical deadlines ahead that could lead to another government shutdown, there are China trade talks ahead of the March 1st deadline and a barrage of earnings and economic data to digest this week. We saw some signs of weakness last week with European concerns weighing on the markets and as we face all these deadlines...
Read MoreGood morning equities stalled yesterday with many indexes and sectors flirting with their 200 day moving averages. We may consolidate in this area before getting a clear sign of which direction the markets head next but I am in the camp that there is more risk of heading south and a potential retest of the recent lows. A negative tone on the progress
Read MoreGood morning The State of the union had a positive tone last night without any big surprises. Sectors that could be impacted on the negative side are the Pharma and biotech space with the talk
Read MoreGood morning Equities are up slightly in premarket with the cannabis sector leading the way. The sector is getting a bit extended so be careful and very selective if you are looking to get involved.
Read MoreGood morning Earnings and the fed provided some nice action for the bulls and there are still plenty of earnings ahead as we have another week of big names reporting. I missed the action last week as I had a friend that needed my help but that project is coming to an end and I will be back to normal on Tuesday. I decided to give
Read MoreGood morning This week could be the tipping point for the markets as we have some big names reporting earnings. Technically there are many sectors that have great looking setups but make no mistake in recognizing that there is a lot of work to be
Read MoreGood morning Equities have been in consolidation mode for several sectors and indexes this week. We are not seeing a lot of range as earnings season continues to roll on. Next week should be more eventful in terms of big names reporting. One sector that appears to be attempting to break out of a range
Read MoreGood morning Unfortunately I have a batch of personal stuff going on that I need to take care of over the next week or so. I will open up the live chat for anyone that wants to be in it but I will be out after 9 am my time. I am sorry about the inconvenience folks. Things will hopefully be back to normal in the latter part of next week. We had another batch of earnings from UTX , TXN, and PG that seem to be giving the markets a lift. The government shutdown continues to linger on as the senate is scheduled to vote on two
Read MoreGood morning Equities took a pause yesterday and this morning we are gapping slightly off of positive earnings from IBM. Oil and gold are both up slightly in premarket. Keep an eye on ..
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