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Good morning Equities are up slightly in in pre-market with the NASDAQ setting new all time highs. The petroleum status numbers are out today which could impact oil and energy names. The black bubbly is trading flat in premarket. Monthly trade numbers come out today which could give us an indication of whether or not all the trade war talk and tension is actually having an...
Read MoreGood morning Equities are getting some follow through in premarket from yesterdays rise taking the IWM and Nasdaq to all time highs. Biotech struggled even with what seemed like a lot of positive news in the space. Gold and oil are down slightly in pre market while the dollar is up just slightly.
Read MoreGood morning Equities managed to close out the week strong on Friday even with the uproar about a potential trade war with our allies after the Trump administration imposed tariffs on Canada, EU and Mexico. The jobs number set the tone on Friday as it painted a picture for a very strong economy in the U.S....
Read MoreGood morning A strong jobs number just hit and equities are up slightly along with the dollar, while oil and gold are both pulling back a bit. Fears of a trade war with our allies will likely continue to weigh on the markets as we continue to chop around and consolidate. There is a lot of conflicting data coming in for economists, traders and investors to digest and try to identify what it all means. On one hand the economy appears to be on solid ground and getting stronger and on the other hand we have inflation fears, trade tensions and geopolitical concerns that could derail the economy.
Read MoreGood morning Equities are basically flat in premarket as the dollar and oil are down just slightly. Gold is up just a tad as breaking news of the Trump administration imposing steel and aluminum tariffs just hit the wire. Keep an eye on...
Read MoreGood morning Global trade tensions continue with chatter of the Trump administration moving forward with 25% tariffs on 50B worth of China goods while Trump has a war of words with Mexico over who is going to pay for "the wall" and Italy continues to spook the markets with potential destabilization in the Euro Zone. Even with all that
Read MoreGood morning Equities are getting a smack down off of some political unrest over in Italy. I am not smart enough to understand what is going on and what all the potential ramifications could be but apparently it is concerning enough to impact the markets at the moment. The dollar continues to climb while gold and oil are both slightly lower.
Read MoreGood morning It is Free Friday so come join us in the live chat room here https://join.me/813-807-185 As we head into a long weekend the markets have continued to chop around in sideways action. In premarket equities were up slightly and are now down slightly, the dollar continues to show strength as gold and oil are slightly lower. Energy names could see a pullback after comments from Saudi energy minister comments on a boost in oil supply.
Read MoreGood morning I can only hope that I will not have the same issues as yesterday with my computer. China trade war concerns continue to weigh on the markets with rumors of new tariff threats from President Trump and this time its on imported cars The fed minutes were fairly dovish yesterday giving the impression that they will not be overly aggressive in raising rates even if inflation exceeds
Read MoreEquities are pulling back in pre market as we await the fed minutes later today. China trade war concerns have resurfaced and the possibility that the Summit may not happen between President Trump and N Korea. The dollar is up in premarket along with gold while oil is pulling back slightly heading into the petroleum status numbers @ 10:30 ET. Rum..
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