After a very good reversal Friday, market gives it back on the gap this morning as Asia weak and yields are falling again.
If one was looking at stocks, one would think the economy and earnings are accelerating. If one was looking at bonds, one would think all heck is going to break loose.
We are finally back home and will keep this short.
A few notes:
AAPL gets the sell rating this morning with a $150 price target. Blasphemy. But the fact is AAPL numbers not very good at all.
GOLD and GOLD stocks reversed decently from weak open Friday. We are in hopes it sits for a bit or pulls back even more. We remain of the belief the gap breakout was real.
My Mets suck.
My Knicks suck.
Congrats to the women’s soccer team!