PRE MARKET

AMAT down decently pre market which has led to LRCX down $7 and other SEMIS following suit. Something to watch.

NDX futures down decently but RUSSELL hardly down. Small caps have been leading.

OILS now VERY extended off another strong day yesterday.

RETAIL acts well…a few names breaking out.

With rates higher, UTILITIES, HOUSING, REAL ESTATE worsen but very oversold.

More on the weekend….but also:

Go get Ken Langone’s book “I LOVE CAPITALISM!’ Have every one of your millenials read it before they continue to applaud Bernie Sanders.