Blog
Good Morning As of this very moment in time the dip appears to be over. Equities are gapping this morning gold and oil are showing some strength. We have several sectors and indexes that are overbought but markets and equities can..
Read MoreGood morning With Traders4acause being in town this weekend I was unable to get the Stocks to watch video out this week. I have a very hectic week ahead with doctor appointments every day. The insurance company totaled out my car so I have to go get the plates and personal belongings off and out of the car. I apologize for the inconvenience
Read MoreGood morning We get the jobs data out in a couple hours and that could determine the direction the markets take today. Currently we are basically flat across the board with equities, the dollar, gold and oil. There are several sectors and indexes that are in overbought territory and at the very least we may see some consolidation as we work off the overbought condition through time as we approach the beginning of another earnings season just around the corner.
Read MoreGood morning Equities and commodities are up in premarket. We talked about there being several sectors that are overbought so a pause at these levels wound not be a shocker.
Read MoreGood morning Equities are slightly down in premarket along with the dollar and oil while gold is up slightly. I talked about having several sectors and indexes that are in overbought territory in last nights market wrap video. We don't have to have a big price correction but we could see some consolidation and work those conditions off through time. Airlines, small Bios, Financial's are...
Read MoreGood morning I want to apologize for missing yesterdays market wrap. This accident has consumed a lot of my time and I don't think its going to get better soon, So please bear with me for the next couple weeks as I try to get back to some normalcy. Equities are continuing to show strength while gold, oil and the dollar ....
Read MoreGood morning I just learned of the tragic event that took place in Las Vegas last night. My condolences to anyone impacted by this horrible event. This tragedy is another example of why we must be thankful for the time we are given.
Read MoreHello I am blessed to be here today to send this out. I was in a fairly sever car accident last night and while my car is likely totaled and I have some back and neck pain it could have been far worse, Fortunately there were not fatalities to anyone involved in the multiple car incident. By the grace of God...
Read MoreGood morning The bulls have been in full control giving us a potentially positive close in the markets for September something that hasn't happened since 2013. Small caps $IWM and mid caps $MDY are leading the way. Several sectors are showing impressive strength >transportation $IYT housing $XHB Semiconductors $SMH Energy $XOP and $XLE with the Biotech sector $IBB in a nice bullish consolidation.
Read MoreGood Morning By the time I send this out we will have the GDP numbers and that could set the tone for todays action in the markets. Currently equities are basically flat with gold slightly lower, oil slightly higher and the dollar just slightly lower.
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