PRE MARKET NOTES

Lots of jello moving on the plate! Futures up a wee bit.

Gaps to upside of decent size: UCTT, TER. MKSI, NOW, UAA, PYPL, EXAS, INTU, XLNX…there are a few smaller gaps in ALSN, MGM, CAVM, BMY, RTN

To the downside: MLNX, FFIV, AMGN, ORLY, BWLD, CMPR, FTI, LUV. AAL, NTGR, CTB, EFX, ETH.

In Trumpland, as usual, tax cuts being met by the media and the left as the end of the world. They want you to forget IT’S YOUR MONEY! Don’t believe the lie that deficits have been caused by tax cuts. Deficits have been caused by assinine, assiten, asseleven government spending that refuses to go down and always goes higher. Go google a chart of federal spending going back to just 2000 and you will see what we mean.