HOME BUILDING SENTIMENT CONTINUES HIGHER!
SOURCE: http://www.foxbusiness.com/markets/2017/03/15/us-home-builder-sentiment-surges-to-12-year-high-in-march.html
TESLA NEEDS TO RAISE MONEY!
And the stock is higher on having to raise money as Musk says he will buy $25 million of stock. SOURCE: http://www.foxbusiness.com/markets/2017/03/15/tesla-to-raise-about-1-15b-as-it-accelerates-launch-new-model-3.html
PRE MARKET NOTES
Futures up off of yesterday’s move. It actually looked like the Fed lowered rates yesterday as the dollar tanked lifting commodities and the like. Big picture…market continues to not be able to drop even 2% on corrections. Major indices do not even want to visit the 50 day moving average…as they hold the shorter term…
THE CLOSE
Good day Wednesday! EEM/EFA break out. Down and out commodities find a low as the dollar gets rapped even though one would think the dollar would strengthen off of a rate hike. Go figure. NASDAQ 100 into new highs. NASDAQ just about. DOW and S&P cannot even hit a 2% correction. SEMIS remain strong….
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radio show 3/15
SOURCE: https://archives.warpradio.com/btr/investorsedge/031518.mp3
AND HOMEBUILDING STOCKS GOING FOR THE RIDE!
SOURCE: http://www.foxbusiness.com/markets/2017/03/15/us-home-builder-sentiment-surges-to-12-year-high-in-march.html
MEDIA SINKING DEEPER!
We were driving home from Miami to Orlando last night. As we were changing channels, we heard Rachel Maddow was going to unleash hell on Donald Trump with tax returns from 2005. We wanted to hear this. We sat there waiting. We got the tease. The show started…wait wait wait…and then…ready for this…Trump earned $150…
Tuesday’s Radio Show 3/14/17
Listen Here: https://archives.warpradio.com/btr/investorsedge/031418.mp3
MORNING NOTES
Word to the wise. TRANSPORTS and SMALL CAPS leading down again. W have told you to avoid as they have been losing relative strength. The same for ENERGY and COMMODITIES. Now…we are seeing the rest of the market getting a little bit of the distribution dance. Just pay attention. Starting to see more names break…
Listen To Monday’s Investor’s Edge Radio Show: Stoolander Edition 03/13/2017
SOURCE: https://ia801502.us.archive.org/21/items/170313.output/170313.output.mp3