PRE MARKET

Strong day with a few warts yesterday.

First off, indices act well. They were helped by the China/rest of world bounce yesterday. Keep in mind, lots of technical damage done so if higher, suspect we see some back and fill.

Growth continues…no let up.

The one area that is breaking down and badly is the regional banks. Take a gander at STI or KRE. Not sure what that means or just jello moving on the plate. Big financials no great shakes either.

Semis reverse up and yesterday half reverse down. Still a bunch of real ugly patterns in the group.

Tried to short just 100 shares of TLRY yesterday…no stock to borrom. $11 billion market cap for company with $20+ million sales and loses money. Doubt Warren Buffett would buy..but in markets, froth is froth.

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