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Good morning Equities are bouncing this morning along with a slightly positive dollar while gold and oil are slightly in the red. Today will likely be filled with lots of headlines and comments from all the talking heads at Jackson Hole. Who knows which statement if any will have an impact on the markets but I would venture to guess that someone will say something that ...
Read MoreGood morning Markets are pulling back a bit off of government shutdown concerns after Trumps rally yesterday. The dollar is pulling just a tad while gold is up slightly as equities and oil are flashing red in premarket. Yesterday we had a relief rally because someone mentioned tax reform or tax cuts from the administration and that gave the market hope that something may actually get done on that front. Today we start the morning with more uncertainty and doubts about whether we will even be able to keep the government running. We have talked about uncertainty and how much ....
Read MoreGood morning Equities and the dollar are getting a bounce in premarket while gold is pulling and oil is basically flat. Aerospace and defense names could be worth watching after last nights update on Afghanistan from the POTUS, Gap up days can be challenging .. do not chase the markets remain guilty until proven innocent. Solar and copper
Read MoreGood morning Equities are still struggling however China names seem to be getting some action. China stocks can be like biotechs so be very careful and do not chase. If you swing them make...
Read MoreHappy Saturday Here is this weeks video of stocks to watch with a brief take on the markets. Uncertainty seems to be the current theme and that will likely lead to more volatility in equities. Be careful out there make sure you have a plan for every trade. Keep an eye on...
Read MoreGood morning The equity markets are bouncing slightly in premarket after yesterday’s pullback where we saw some key technical levels broken in several sectors and we closed at or near the low of the day. We have not had any kind of significant correction in quite a while so as we head into what is typically the worst seasonal time for the markets it would not be shocking to see the markets continue to reset a bit. I am not suggesting that we are going to see a full-blown....
Read MoreGood morning if you did not have a chance to watch yesterdays market wrap I will reiterate my thoughts here. Markets are still guilty until proven innocent. I have an uneasy feeling with the way nothing seems to impact the markets in a meaningful way. There is a lot going on out there that puts into question any substantial work being done with tax reform or infrastructure. The markets typically do not react well in times of uncertainty...
Read MoreGood morning Equities are gapping up slightly again this morning while we are seeing gold pulling and oil is basically flat. The dollar is up just slightly. The API report showed a draw in oil inventories last night lets see if the petroleum status report confirms that draw down.
Read MoreGood morning Equities are gapping again this morning the dips continue to get bought and corrections don't seem to last very long. Over the next couple weeks we will see if that was just a blip on the path to new all time highs or if this bounce is just a trap to get people.....
Read MoreGood morning Equities are bouncing back this morning in premarket with gold gapping in the opposite direction. The dollar is showing a little strength with oil basically flat. Gap are challenging do not chase we need to see if this is really an area of support or if its just a dead cat bounce.
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