Futures down a wee bit…oh my God…the German Dax is down..but nominally. I walk in and see GOOG up $13 and AAPL down $7. Why? Only news I see is GOOG releasing mapping app on iphone. Ok! GOOG opens back ABOVE the 50 day which is potentially very important. The problem with the stock…
CRM is working…yeah. Now I should shut up. Market pulled in today off of criminal activity by the fed… I have a few more stocks on watchlist…but be aware that market remains split…and we are getting closer to January. I am watching FBHS,LULU and now back watching housing as RYL sets up again….
https://archives.warpradio.com/btr/InvestorsEdge/121218.mp3 JUST LETTING YOU KNOW I Hope I Am Wrong Today was a Fed Day. At 12:30 PM, the Federal Reserve announced what they were going to do with monetary policy and afterwards from 2:30 to 3:30 there was a question and answer session. Now I must tell you. I wouldn’t spend a second watching…
I have been telling you foreign markets are outperforming our market…which has led to a “stuff” rally. Areas that were dead like the metals/mining,construction,coal,steel and anything in that realm…have rallied nicely. Amazingly, the German dax has been down only 1 day since Nov 16…and Asia almost the same. I wake up every morning thinking maybe…
https://archives.warpradio.com/btr/InvestorsEdge/121118.mp3 JUST LETTING YOU KNOW Of note today – Gold and silver were weak. Oils were moderately green. Financials were green, but a few of them came back for much of the day. Semiconductors were very strong. And the rest were pretty much mixed. A few things happened today that are of note. A few…
Very good day…even with the pullback. Market is now the opposite of where it was on Nov 16….extremely overbought so we have to be on the lookout for a good pull in. Tomorrow is the maniacal fed who will just announce blah blah blah print more money….blah blah blah 0% rates. CRM actually on…
The chairman of President Barack Obama’s job council has endorsed China’s style of crony capitalism, saying “state-run communism may not be your cup of tea, but their government works.” Jeff Immelt is the dual-hatted chairman of the President’s Council on Jobs and Competitiveness, and of General Electric, a huge company with businesses in many domestic and international…
Nine years ago, California Democrat Gray Davis became the first U.S. governor in 82 years to be recalled by voters. The state’s 20 million taxpayers still bear the cost of his four years and 10 months on the job. Davis escalated salaries and benefits for 164,000 state workers, including a 34 percent raise for prison guards, the first of a series…
The French are fleeing. A spate of proposed tax hikes is leading hundreds of wealthy French to consider leaving the country and putting their homes on the market, real-estate agents say. The result: the best opportunity in years for foreigners to buy a Parisian pied-à-terre or country château. The number of high-end homes on the…
Futures up nicely…europe stronger…us stronger…fed announces blah blah blah tomorrow. Since the follow through day…major averages up 1% with :stuff’ leading. Last night, mentioned PWR,POL,TEX,TER all with nice breakouts. While service won’t play…still worth mentioning for you to look at. As far as the lagging NASDAQ/NDX…it is AAPL. If AAPL gets a bid, they…
