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I hope you are having a wonderful weekend. We have earnings season taking off in full force next week wait a broad array of stocks from multiple sectors and that is likely going to take center stage for the equity markets. My favorite sectors for next week are ...
Read MoreGood morning Financial stocks are reporting earnings this morning and so far they are coming in strong with JP Morgan and Citi beating estimates however the stocks may have already priced in the earnings. Keep an eye on the sector or individual names that you like for a pullback to an area of potential support for swing or long term hold positions. Equities are popping once again in premarket after some economic
Read MoreGood morning, In case yesterday wasn't riveting enough for you and it left you wanting more your prayers have been answered with a second day of Janet Yellen testimony before the senate banking committee. Double WWWOOOOHHHOOOO.. today could feel a lot like yesterday. The equity markets are gapping up once again and that can make things a bit challenging for day trading. Airlines could pull in sympathy with DAL earnings and that could create ..
Read MoreGood Morning We have two riveting events today > One is Janet Yellen delivering the first part of her semiannual congressional testimony. WOOOOHOOOOO The other which may not get a ton of press is the first speech from the new SEC Chairman laying out his vision and...
Read MoreGood morning We are looking at a slightly red open across the board equities, gold, oil, the dollar are all lower ahead of Fed speak that begins today. We have a couple big gappers in premarket do not chase the first candle off the open look for an intra day setup. The Ag sector is...
Read MoreGood morning Equities are currently up in premarket with the Dow and Nasdaq leading the way lets see if that can continue after the open. Gold and oil are slightly red while the dollar is slightly green. I was informed over the weekend that the Free Friday premarket prep video was not available for view. That was my mistake as I had it marked as for members only. So to make up for that mistake I am sharing this mornings Pro Premarket Prep for free. My apologies for the Friday mix up.
Read MoreHello my friend Here is this weeks market wrap and stocks to watch video. We have a lot of Fed speak next weak and that could impact the markets. Lets see if we can get some follow through on the positive action we had Friday or if that was just a dead cat bounce in the Tech and Semi space. My favorite sectors are the IBB, transportation and ...
Read MoreGood morning The equities markets are under a bit of pressure this week after a strong start on Monday. Central banks seem to be the culprit as the easy money policies seem to be coming to an end. Only time will tell is this will just be a pause to refresh or the beginning of something more substantial in terms of a market correction. The non farm payroll numbers will be out later this morning and the could set the tone for the markets today. If that doesn't do it then it could be the Federal reserves semi annual report outlining recent policy decisions and describing the path forward for reducing its asset holdings. Janet Yellen will have an appearance in front of congress next week going over the plan and....
Read MoreGood morning Equities markets are looking fairly weak in premarket as we appear to be looking at a gap down. The API report that was out last night showed a much larger draw than expected in oil and gas inventories if the petroleum status report confirms that draw we could see a bounce in oil and energy names. We should also keep an eye on.....
Read MoreGood morning I hope you had a great weekend and 4th holiday. The Fed will likely be in focus today as we get the FOMC minutes. Asset reduction and potential rate hikes and the anticipated pace of each will be what investors and economists will be looking for from the Fed. With signs the the global stimulus by central banks may be slowing down the equity markets are going to have th prove they can stand on their own merits. After North Korea's weekend launch of an ICBM the markets appear to be a bit on edge.
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