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The Morning Look

Stock Market Overview: 

Futures are relatively quiet ahead of Friday’s open as investors wait for the fake  jobs report.

Gary’s Thoughts: We have a continued rally in “everything that did not work” for 18 months. Brazil, China, Russia, commodities, emerging markets and all that crap are making big moves off their depressing lows. Keep in mind, some of these areas were destroyed. Will know in time whether this is a real bottom in these areas or just another rally. As of this second, we will get another gap to the upside in these areas. Also…gold and gold stocks on verge of breaking out of flag patterns.

Economic Data: 

  • Employment Situation 8:30 AM ET
  • International Trade 8:30 AM ET
  • Baker-Hughes Rig Count 1:00 PM ET
  • Rob Kaplan Speaks 1:00 PM ET

Highlights Of The Day:

  • Romney Bashes Trump, No One Cares
    Gary’s Thoughts: Does anyone care that Romney is the same old same old. He kissed Trump’s arse when Trump endorsed him…now he hates him. Love love love politicians.
  • Is There a Market for Supersonic Airlines? NASA Thinks So
    Gary’s Thoughts:  We will take Virgin Atlantic 747s and be happy!

One Comment

  1. I haven’t made my mind yet as to whom I’ll be supporting in the GOP primary but the fact that the RNC is weighing in, is disgusting.
    What the hell are they thinking attacking their own candidate. Is it not the peoples choice who becomes the nominee. The whole RNC needs blown up. What is the RNC doing having a debate format that pits and encourages candidate to attack each other
    by their selected moderators, who are only interested in painting them in the poorest of lights & getting ratings. I just want to see where they stand on the issues.

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