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Good morning Equity markets are flashing red premarket while the dollar is showing a bit of strength. Oil and gold are pulling back off the dollar strength. It shouldn't come as a surprise that we are seeing some weakness after a 6 day run. Let see if the weakness continues or we get some type of red to green bounce.
Read MoreI hope you are having a tremendous weekend. We do have some economic data coming out this week that could impact the markets and we have the President back in town & active with twitter so who I suppose anything could happen this week.
Read MoreThere are a lot of “guru’s” out there that want to boast and brag about how much they make and how they do it only trading and hour a day. I don’t want to talk about all my winning trades. I want to talk about my biggest losing trade because I think you can learn more from my most painful experience and hopefully it will help you avoid making the same mistakes and avoid some of the pitfalls that naive and inexperienced traders make. I share this because trading and investing can certainly be very rewarding but it can also be extremely unpleasant when you lose.
Read MoreGood morning We are heading into a long weekend and the equities markets are pulling back just a tad after a nice 7 day run. Oil is pulling just a tad as gold is flashing green in premarket. It is not a shocker to see the markets take a breather here as it should be expected to see some profit taking into a long weekend where anything could happen geopolitically. This continues to be one of the most under appreciated bull markets I have ever seen in my lifetime. I have no idea ho much longer it will last but
Read MoreGood morning Markets are gapping to new all time highs as the bulls retain full control as we head into a long holiday weekend. We may see some profit taking tomorrow heading into the weekend. Gap up days can be very challenging days. Do not chase. OPEC extended the oil
Read MoreGood morning We have a busy day ahead with data. FOMC minutes come out @ 2 PM ET, and prior to that we have existing home sales as well as petroleum inventories. We are right at some short term resistance in several sectors technically & todays news may or may not give us the catalyst that leads to some increased volatility.
Read MoreGood morning Markets are holding up well considering the events in the UK. My prayers go out to all those impacted by the tragedy. Equities are flashing green in premarket while gold and oil are basically flat. The dollar is also flat to slightly higher. Earning season has been strong and the markets have held up well but we have the Fed minutes out tomorrow and lots of other outside events that can create at the very least some doubt about how much further the markets can rise..........
Read MoreGood morning I am not doing a video this morning I did not see a lot out there as far as new ideas for this morning. The equities markets are basically flat in pre market trading while gold and oil are flashing green. Looks like OPEC has agreed to extending the oil cuts which is giving the black bubbly a nice little bounce. Energy names could be in play today.
Read MoreHello my friends I am calling last weeks drop on Wednesday a warning shot and even though we had a nice bounce on Thursday and Friday I think we need to remain a bit cautious, We still have North Korea, and now maybe Iran to worry about after this weekend and President Trumps speech in Saudi Arabia, The Trump debacle does not appear to be going away anytime soon as it seems like a new shoe drops every day with the media ...
Read MoreGood morning We have a lot going on this morning. Once again its proving difficult to keep the bulls and the buy the dippers on the sidelines as the markets had an impressive bounce yesterday and held. After the close we had strong earnings from AMAT, ADSK and CRM which will likely give some fuel to the bulls in the tech and the semiconductor sectors. Speaking of fuel, there is also chatter that OPEC is considering deepening and extending the oil production cuts & that...
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