Happy Thanksgiving to all. Tomorrow is a half day but Europe up nicely today so our futures will be up tomorrow. This week is normally a strong week…but with markets way oversold coming in, a good bounce has occurred. I do believe it is A good low. Notice the word A…not THE. The jury…
https://archives.warpradio.com/btr/InvestorsEdge/112118.mp3 JUST LETTING YOU KNOW The market really didn’t do anything yesterday, but here’s the good news. Very simply, the low we just saw is a good low for now. What does that meant to me? Weeks. And I would not be surprised if we continue bouncing a little higher into the end of the…
(CNSNews.com) – The White House announced the federal government will spend $6 billion over four years for a “sustainable energy future” plan with Asian countries that involves loaning tax dollars to other countries to increase their purchasing power for U.S. technology, services and equipment. “Recognizing that energy and the environment are among the most pressing issues…
Listen to these answers from direct questions to the head of the SBA! Hector Camacho might be in tough shape in hospital, but someone is out there bobbing and weaving like a champ. Meet Karen Mills, President Obama’s head of the Small Business Administration. When Joe Scarborough asked her straight-up to state the cost per worker of…
Futures are up a wee bit as I do think there is some more upside in the near term off the reaction low of this week…but straight ahead is the potential for a ton of short set-ups as things bounce into resistance/moving averages. That could change if we get a high volume, follow through day…
Can’t away from today except they tried to sell it and couldn’t…all on light volume. I am not trading tomorrow or Friday as volume light and Friday a half day…but do want to let you know a few names that are showing strong action. EV big breakout in MONEY MANAGEMENT group…strong volume. BLK moves…
For the bulls, you would rather see a pullback here so markets put in some sort of handle…to make higher prices off of. For the bears…there are several hundred stocks that are now bouncing up into and towards resistance and/or moving averages…all to potentially short into. Since volume was light yesterday. Since we are not…
https://archives.warpradio.com/btr/InvestorsEdge/111918.mp3 JUST LETTING YOU KNOW I got a bunch of emails today asking, “How did the market go up 200 points today Gary?” And my answer is, “Because it went down 1100 points. That’s what happens. When you go down, you are always going to bounce at a given point. Really, here’s the only question….
Well…knew a bounce was coming…but as usual…but never expected…fireworks on the bounce. By rule, market remains in correction with volume light today. The biggest moves were some of the worst names like AAPL and GOOG. Trading going to lighten up but may just probe as I think this near-term low holds for now. There…
I just posted for you an article that my, yours, our Treasury Secretary is calling for a debt ceiling with no limits. I just posted for you that a famed Nobel Prize winning economist alluding to 90% tax rates will help out this country. Is it any wonder we are so screwed? Is it any wonder we are now…
