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Good 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.
Read MoreGood morning The equity markets are showing some strength this morning in premarket as we await some details on what the proposed tax reform might look like later today. The markets could get a lift if the details are what the market wants to hear and there is some reasonable belief that it could actually get done.
Read MoreGood morning Equities are mixed in premarket with tech getting a little bounce while the S&P and Dow are slightly red. The dollar is showing some strength while gold and oil are both lower. We have a lot of Fed speak and economic data today that could impact the housing, retail, consumer discretionary and banking sectors.
Read MoreGood morning Equities are pulling in premarket with tech being the weakest and gold is also struggling as oil and the dollar are showing some strength.
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