ABBV buying AGN.
GOLD again with the little gap up. As we stated, we think the move is real but wait for pullbacks…which have not happened yet.
Seeing a bunch of distribution in growth names as a few breaking the 50 day and a few bigger leaders like SHOP, TTD hitting near term highs.
SMALL CAPS and TRANSPORTS continue to under-perform as another bad day yesterday with the DOW flat.
YIELDS continue lower. Not sure GOLD to the upside and yields ripping to the downside a good thing but so far, big cap indices no problems.
SCHW. ETFC, AMTD…did you see them yesterday? Already bearish but now the great socialist wants to tax trades a whopping 0.5%. Think what that would do to the industry and to investors.