Month: July 2017

Quiet quiet quiet early as big week of earnings. Nothing new to even mention this morning. HAS been strong but gapping about $6 to the downside. After the close today is GOOGLE. (GOOGL) Tuesday- MMM, BIIB, CAT, GLW, DD, GM, MCD, TROW, DGX, EDU, PCAR,  AMGN, AAPL, T, CNI, CMG, CB, EW, ILMN, TXN, X Wednesday-…

Don’t worry that the VIX is at lows not seen since 1993. Don’t worry that short interest continues to plunge. Don’t worrythat we have not had even 3% down sice the election. Don’t worry that we have not had a bear market of consequence since 09. Don’t worry because rates around the globe in many…

Another day…no tax reform…no healthcare reform but: Today…$1.7 billion will be added to our debt. Today…$1.2 billion of taxpayer dollars will be spent just on interest payments on the debt. But don’t worried. Markets say everything is fine. Futures actually down a wee bit. Just in the near term, everything looks overbought since the July…

SOURCE: http://dailycaller.com/2017/07/20/man-builds-park-stairs-for-550-after-govt-officials-said-it-could-cost-up-to-150000/?utm_campaign=atdailycaller&utm_source=Twitter&utm_medium=Social

IBM yonked again as sales down again. UAL and CSX also down. Big story VRTX on drug news up $35…helping overall biotechs where the IBB looks perfect. ASML nice gap. MS smaller gap. The story is beta/tech/internet/China adrs/Semis are back and in a big way. The June 9th top lasted to July 7th and instead…

NFLX nice gap to new highs on big increase in subscribers and higher guidance. Other movers to upside are LMT, JNJ, UNH. Movers to the downside are HOG, GS, SCSS, ETH, ERIC. Futures are flat. On radio yesterday, we mentioned how tight recent action in ENERGY has been TO THE DOWNSIDE. We noted how energy…