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Good morning Equities and oil are up in premarket with gold and the dollar basically flat. The energy sector could continue to power higher however I am concerned the trade has become too obvious within the investment community. This does not mean we can't or won't power...
Read MoreGood morning Equities are slightly lower this morning with gold and oil also struggling while the dollar is up slightly. Keep an eye on the solar sector if oil continues to climb and be on the lookout for that decision out of California to include solar on future new homes being built. The decision will be announced this week and could provide a catalyst for the space. Oil and energy could
Read MoreThe bulls showed some signs of life on Friday as some indexes reclaimed key moving averages and others found potential areas of price support to bounce from. There is still a lot that needs to happen to feel comfortable that the bulls are back in control. The sell in May and go away theme is being stated repeatedly on the financial news networks and could still weigh on the markets. It will be interesting to see how this week
Read MoreGood morning Equities have struggled this week and throughout this earnings season even though we have seen some really strong numbers and guidance from the bulk of the earnings that have been reported. It is looking like those earnings were already priced in and in some cases the equities were over priced relative to their earnings performance. There are several sectors that continue to struggle and
Read MoreGood morning Equities are flat to slightly lower in pre market as the dollar takes a little pause after what some could consider as a dovish Fed statement yesterday. Today we have the US and China meeting on trade and there may be some market reaction as we get tidbits of information about how those negotiations are progressing. Gold is sitting at the...
Read MoreGood morning Equities are down slightly in pre market as the markets continue to chop around. Gold is gapping lower, oil is down slightly and the dollar is continuing its grind higher amid expectations of upcoming rate hikes, the dollar has broken into positive....
Read MoreEquities continued to chop around last week with neither bulls nor bears taking control. Earnings, political events, the FOMC statement and the jobs situation will give the markets plenty to try and digest in the week ahead. The technicals are signaling that ...
Read MoreGood morning Equities are up slightly once again this morning after good earnings out of FB last night and we have some more big names reporting after the close today. It will be very interesting to see how we close out this week. The SPY is trying to hold onto the 200 day moving average and several other indexes and sectors are also nearing areas of potential support. If strong earnings aren't enough of a catalyst ...
Read MoreGood morning The weakness in equities seems to be following through this morning with the SPY retesting the 200 day moving average as potential support. Oil is pulling back after the API number last night lets see if todays petroleum status report come in line and if oil weakness follows through. Gold is also gapping lower in premarket likely tied to dollar strength. Cryptocurrencies are also taking a breather this morning after their recent run up. After BA earnings we are seeing equities bounce,,
Read MoreGood morning Strong earnings from GOOG, UTX, CAT, LMT and LLY are giving equities a little lift this morning. Lets see if we can hold onto theses gains after the markets open. Gold and oil....
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