Month: May 2019

Very good comeback yesterday from the early depths…only to walk into another gap to the downside…just less so this morning. The good news is that the RUSSELL 2000 again led yesterday which could indicate a broadening out. Small-caps have been lagging large-caps for a while. We shall see if that lasts. The good news is…

-And a couple of tweets from the President:- -“For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on…

The correction, so far, has been minor. Futures pop up nicely this morning as the fake jobs report will be out soon. AMZN up $40+ because a fund manager is buying it. BYND a $25 IPO closes at $66. The company has $87 million of sales, loses money but is given a $3.8 billion market…

AAPL up 5% on a buyback announcement of more than 7% of their stock outstanding. Earnings were down 10%, sales down 5%…IPHONE sales down 17%. AMD up more than 4% on earnings down 45% and sales down 23%. There’s a lot of that going on, especially in the SEMIS, where the group is the strongest…