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Happy Sunday Earnings continue this week with some small float high short interest stocks like HEAR AAXN ROKU reporting. If they miss and give a poor guide they could get hit hard. If they beat and raise, we could see some nice squeeze action. HEAR has already run into the number so even if they beat and guide well we could see a pull which may give an opportunity for a long swing entry depending on where it finds support. There are several stocks reporting this week that....
Read MoreGood morning Earnings have been strong this quarter but the "trade war" fears seem to be weighing on the markets. The employment situation report for July is due out this morning and could set the tone for the day. Equities are up slightly in premarket with gold still struggling and oil basically flat. The Jobs number came in weaker that expected which could actually be good for the markets if they interpret it as a reason for the Fed to relax its hawkish stance on future rate hikes. Tech had..
Read MoreGood morning Equities are lower in premarket as trade war fears seem to be the issue that continues to weigh on the markets. Gold and oil are also slightly lower. It has been a choppy market and as long as the clouds of the trade war continue the markets are likely going to be stuck in a range. Do not chase! Always have a plan! Know your risk reward! Know your time frame! (scalp, day trade, swing, long term hold) Be patient!
Read MoreGood morning Tech may not be wrecked after all. AAPL reported strong numbers and guidance giving the QQQ"s a lift in premarket. TSLA could change that with their earnings after the close but for now it looks like tech is going to have a positive day. The FOMC announcement is out today which could impact equities no rate increase is expected it will be the guidance, language and tone that could move markets. There is conflicting chatter about potential trade
Read MoreGood morning The caution flags remain out as the markets continue to show signs of weakness. Tech is leading the way as earnings misses and concerns of inflated valuations and slowing growth weigh on the sector. AAPL and TSLA both report this week and could add more fuel to that fire if their earnings come in weak.
Read MoreHappy Sunday We have a big week ahead with earnings and economic data. Even though earnings have been coming in strong their are plenty of things for the markets to be worried about. Another potential government shutdown, trade war tariffs, Fed rates hikes after a strong GDP number, mid term elections just around the corner and August September and October historically being the worst months for stock market performance. There are reasons to raise the caution flag and there could be some opportunity in volatility plays as well as some bearish ETF's for short term trading plays.
Read MoreGood morning A huge earnings week comes to an end with GDP numbers on deck. The number could set the tone for the markets with expectations of 4 percent growth and some even calling for a 5 handle. We have not seen that kind of growth in a very long time. How the markets will react could be interesting. A really strong number....
Read MoreGood morning Equities are lower in pre market with the Nasdaq being hit especially hard off of FB missed earnings. The Dow is up off of the announcement from the EU and Trump on trade. The dollar and oil are flat while gold is down slightly.
Read More“There is probably no worse investment strategy than following the conventional wisdom with a time-lag, and that is precisely what many small investors do - often with the encouragement of their advisers.” ― John Kay Good morning Earnings have been coming in strong however trade war concerns and some of the guidance and concerns about the potential trade war ramifications from reporting companies has been overshadowing the positive earnings. Cryptos appear to be taking a breather after a nice run.
Read More“Investing is simple. It’s the financial industry that works hard to make it complex!” ― Robert Rolih Good morning Equities are up in premarket as earnings continue to filter in from some of the biggest names in their respective sectors. Google earnings were strong and will likely benefit the tech sector. Bitcoin is making a move over 8k so the blockchain crypto plays could get some action today.
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