Futures are up a wee bit after an eventful evening. Lots of whining and complaining by the media. Our take: it is a great opportunity. May lead to nothing but life is about opportunities. Hopefully, this one is a success.
No complaints. Markets have been edging higher. Selling has been limited. Beta has been picking up, particularly some new IPOs. Keep in mind, many of them have no earnings.
COINS got whacked again yesterday on a story about hacking. Will leave it at that.
TESLA (TSLA) back in gear off of WE DON’T KNOW! Still losing a ton of money and still has to raise more capital.
Strong action out of the TRANSPORTS even with the weaker close yesterday. RAILS, TRUCKERS but also seeing a couple of AIRLINES trying to emerge.
EMERGING MARKETS still submerged.
BIG FINANCIALS still not happening with names like C, GS, MS downright ugly.