Month: June 2018

SOURCE: https://twitter.com/i/status/1006506403492696064

Everyone asking why markets are not hit today with all the supposed trade trouble around the globe. It is simple…right now, this second, the market does not want to get hit. Simple as that. Remember, it is not the news. It is how things react to the news. Right now, the tape is healthy with…

As we write this, we are seeing many coins down over 10% with some actually down over 20% this weekend. To repeat, we have told you, we are telling you and will continue to tell you this “coin” thing was, is and will be nothing more than another insane bubble. We repeat there are no…

Weird day yesterday. Money flowed out of TECH/RISK and into lower beta. MCD up $7 but saw no news. OILS bounced right off support but we stick with theme that they are now range-bound. Emerging markets continue to act horrid and should be underweight right now. A few countries, namely Brazil for starters and basket…

SOURCE: https://asia.nikkei.com/Business/Companies/Apple-warns-suppliers-of-20-drop-in-new-iPhone-parts-orders

SOURCE: http://www.dailymail.co.uk/news/article-5816065/Shocking-satellite-photos-entire-towns-obliterated-Guatemala-volcano.html

The S&P moved above near-term range. The DOW moved above near-term range. FINANCIALS, which were dormant, woke up. (Very important) Notwithstanding settling down or small pullbacks, market is gaining strength here. New highs picking up. Growth continues up. We do suspect some of the big leaders settling down near-term but think there is more to…