THERE’S NO STINKING HEALTHCARE BILL!
Fool me once… SOURCE: http://www.reuters.com/article/us-usa-politics-healthcare-idUSKBN19V0YP?il=0
VENEZUELAN SOCIALIST ECONOMICS KICKING ASS!
SOURCE: https://www.washingtonpost.com/world/things-are-so-bad-in-venezuela-that-people-are-rationing-toothpaste/2017/07/07/a11fb782-6197-11e7-80a2-8c226031ac3f_story.html?utm_term=.92ac7c03466b
PRE MARKET
Futures pretty much flat with a few beta names getting the usual target raises whenever they are not acting as well as the analysts want. Yes…shenanigans. Other than that: Earnings this week: Tuesday- FAST, OMC, PEP Wednesday- CSX Thursday- DAL, TSM…airlines act well. Lower oil not hurting. Friday- Financials start up with C, JPM, PNC, WFC….
WEEKEND REPORT-REMAINS A SPLIT TAPE
The tape remains split. We have taken pains to tell you what to avoid. You know the areas and you know the names. For a change, we will ignore the bad today and just write about what’s still working, what’s looking to work and anything else in shape. The new high list is laden with…
RADIO SHOW 7/07
SOURCE: https://archives.warpradio.com/btr/investorsedge/070718.mp3
THE SEMIS
At this juncture, the SEMIS are the most important group to watch. As they go, beta goes. SEMIS are very strong today. You can see the 1020 breakout and support has held for now. If it continues to hold, we give very little chance for the “market” to further break down. That does not mean…
FAKE JOB’S NUMBER PRE MARKET
It is only 840 am but futures have bumped up nicely off of the fake job’s number which came in better than expected. Enjoy! This weekend: Will have a report on the most important sentence out of Trump’s Poland speech. As usual, no one talking about the most important part of the speech! Will have…
PRE MARKET REPORT
We are writing this before the fake job’s number. Futures flat. More damage done but keep in mind, major indices are only down a smidge. Not even close to real damage being done. We just think that at best, things get tougher and at worst, the next level of support will break…which means more to…
RADIO SHOW 7/06
SOURCE: https://archives.warpradio.com/btr/investorsedge/070618.mp3