PRE MARKET

Uh…yesterday was a bad day.

Yesterday, the big 4 indices could not get back above the 50 day and now look headed towards the 200 day.

The 200 day had better hold.

China/Hong Kong is a problem. We are with the people of Hong Kong but not when they shut down the airport. They only hurt themselves. We worry about a disproportionate response by the Chinese government.

Argentina is a problem. In early primary, pro-business dude not good…socialist makes big headway. Go look at AGT. A big wow.

Fewer and fewer names working. More and more names breaking first line of support.