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Good morning Equities are up slightly in premarket with the dollar flat while gold and oil are both gapping a bit. Energy remains a sector to keep a close eye on.
Read MoreGood morning Equities are gapping and following through with yesterdays strength in premarket after strong earnings and guidance from NFLX after the close. Gold is pulling back while the dollar and oil and oil are both up slightly. We will be testing the 50 day ma for several sectors and indexes today and if we can mange to close back above that level it would be a good sign for the bulls but that doesn't mean we will have the all clear. We need to hold over the 50
Read MoreTake a look at last weeks stocks to watch list and their performance. if you would have taken 100 shares of WRD you would have already paid for nearly 2 years of your annual membership 1000 shares of AXAS would have produced the same result. If you would have taken any of the top seven stocks with just a small position you would have gotten your investment in our membership back.
Read MoreGood morning We are looking at another green open as we await earnings from the likes of JP Morgan, Citi and Wells Fargo. Financial stocks will be in focus today and likely will set the tone for the trading day as we start another earnings season. Technically the markets are holding up fairly well even with all the drama lately. We have geopolitical concerns, a somewhat hawkish Fed raising interest rates, a potential "Constitutional Crisis" and yet the markets have..
Read MoreGood morning Equities are gapping up this morning primarily off the fact that there is no news to report on Syria. No bombs were delivered and there was a tweet from Trump suggesting there could or could not be action coming soon. On the tariff front China continues to make more threats of retaliation while indicating they have not conducted any negotiations recently with the US > commerce ministry spokesman Gao Feng ...
Read MoreGood morning Equities are down this morning as tensions over Syria continue to rise. China and Russia have both come out in support of Syria and oppose any military action from the US. Meanwhile, Airlines have been warned to steer clear of the eastern Mediterranean over the next 72 hours due to possible air strikes on Syria.The Trump administration has reportedly won the support of France, the U.K. and Saudi Arabia, suggesting the strikes could be more extensive than last year's U.S. attack on a Syrian airfield. Trump Earlier...
Read MoreGood morning Positive comments from President Xi out of china are giving global equities a lift as we get some concerning headlines out of Washington with President Trump's attorney raided by the FBI and rumors of more potential exits from the current administration. Which headlines will rule the day? Or will there be another headline that trumps everything and determines the mood of todays market? (no pun intended) Issues with Syria and Iran are percolating and they will likely produce some concerning headlines to worry about. Mark Zuckerberg will be getting grilled on the hill today and there are bound to be some good headlines from that event. There will always be something. Which headline will it be that determines the direction of equities as we head into the future? My guess is it will be,,,,,,
Read MoreI hope you are having a wonderful weekend and I appreciate you taking the time stop by and read the blog and watch the video & I hope you find them worth your time. The markets are still in the guilty till proven innocent as we head into what could be a big technical week for the the major indexes and sectors. The "tariff war" talk appears to be escalating as China has responded with some very strong wording that makes it seem that they are not afraid of a trade war and is willing to fight till the end. The saber rattling could intensify and there could also be news at the end of next week regarding NAFTA.
Read MoreGood morning Equities are gapping down as the potential "trade war" is escalating off of comments from both President Trump and China. As I stated earlier this week to the Pro members we are always just one headline away from something that may send equities ripping higher or falling off a cliff. Anyone that claims they know exactly where markets are going each day is likely living in some sort of fantasy world where there are unicorns, crystal balls and flying carpets.
Read More"Building wealth is a marathon not a sprint, discipline is the key ingredient" Warren Buffet Good morning Equities had a huger reversal yesterday reclaiming the 200 day and were able to stay above the recent February low. As of right now that is carrying over into this mornings action as we are currently looking at a gap higher in the indexes. The dollar is up slightly while gold & oil are slightly lower. Gap days in general can be challenging. If you are a bear and you saw yesterdays premarket action you may have felt that everything was coming together and the markets were ripe for the picking. All it took was..
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