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Good morning I hope you are having a great weekend. What a crazy ride last week after the disappointing guide from APPL which hit the markets hard on slowing earnings and trade war concerns. Then on Friday we had a surprise from the Fed chair with a much more accommodative tone in a presentation with former Fed Chairs Yellen and Bernanke. While that was nice to see...
Read MoreGood morning After yesterdays drop in the markets off of AAPL's disappointing guidance equities are gapping off of an update and China US trade talks and hope that we are getting closer to agreeing to a trade deal. There is still a long way to go and these negotiations could take months if not years before ..
Read MoreGood morning All it takes is one rotten Apple to ruin the whole bunch of stocks. After another impressive turnaround day in equities the markets were taken by surprise with a significant cut in rev and earnings expectations that sent futures into a tail spin. The culprit appears to be China who is experiencing their own economic
Read MoreGood morning and Happy New Year Welcome to 2019 I wish you all a very prosperous, happy and healthy new year ahead. Santa Clause has left the building and the rally has appeared to go with him as we are looking at a gap down in equities off of some weak economic data out of China. With the
Read MoreGood morning Santa Clause showed up late this year as we have a nice three day rally heading into the end of the year. The action on Thursday and Friday were more important to me than the big 1000 point record setting day on Wed. We saw the markets sell off and turn around ...
Read MoreGood morning Equities set a record on Wednesday with the 1000 point move higher but it was yesterdays action that really impressed me and could be the type of action to indicate we are trying to find some sort of bottom. Equities were looking like they were going to give up all the gains from Wed with the Dow down over 600 points, then without warning there was a powerful reversal and equities..
Read MoreGood morning Well yesterday we had that highly anticipated oversold bounce and it was one for the history books as the DOW bounced for a 1000 point gain on the day. It was nice to see but this does not mean that the all clear has been given to have us start piling into stocks. Oil and gas , retail, semiconductors, tech, small caps, biotech, nearly every sector was higher
Read MoreGood morning I hope you had a wonderful Christmas Holiday. After going through some charts it is my opinion that we are getting very close to a potential oversold rip your face off rally. It could happen this week or ...
Read MoreGood morning There is not much to celebrate in the markets this holiday season unless you are a bear. However, the stock market is not the most important thing in our lives. **Our health, our family and our friends are what is most important. As you celebrate...
Read MoreGood morning Like there wasn't enough for the markets to worry about! Concerns about a government shutdown rose yesterday after Trump indicated he would not sign a stop gap bill without border wall funding. This morning General Mattis's resignation letter hit social media and appears to be just one more thing for people to worry about.
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