Month: April 2018

-Listen up peeps. Serious talk today. In our weekend report we told you we did not think the market would break the lows right now but in order to break the lows, they would have to break the financials and the tech. The lows have not been broken yet but we are headed there and…

Funny…a guy who has lived off the tax payer all his life is telling people he will get them all jobs! SOURCE: http://thehill.com/homenews/senate/384554-sanders-to-announce-proposal-to-guarantee-jobs-to-all-americans

Mushy day yesterday. We guess it was good that DOW came back but SEMIS another rough day. We are now in the midst of earnings. CAT, UTX, VZ gap up in the DOW. MMM, TRV gap down. KO is flat from the DOW. Others gapping up…PHM, HOG WHR, SAP,CDNS, EDU, LMT. Gapping down…GOOGL…but only $78…

Futures been strengthening a bit this morning. OIL prices down decently. We told you over the weekend oil stocks extended and overbought. Let’s see how they pull in. Important GOOG(L) after the close. A ton of important names this week. In the DOW…MMM, CAT, KO, TRV, VZ, BA, INTC, MSFT, V, CVX, XOM, UTX And:…

-Our main theme continues. January 29th will be the highs for a  while while the recent lows/Feb lows provide a floor. So far, back and forth we go.- -Still a ton of earnings to come out in next 3 weeks so be patient. There have been a few decent reactions like NFLX, CSX, TXT, ETFC…

Earnings: GE surprises…actually up but meaningless to the DOW as it is low priced. Leading names SKX, TEAM go bye bye. Futures down but not a ton but: Yesterday: HOUSING looks like it is rolling over gain…from lower levels. CONSUMER STAPLES new yearly lows. TOBACCO smoked (pun intended) as well as food, beverage, household priducts….