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Futures up a wee bit. Markets felt a little popped yesterday but let’s call it no biggie. Markets are overbought while call buying has skyrocketed. So maybe a rest…maybe. Seeing distribution in utilities, reits and defensive areas while best moves continue to be in lower beta stuff that was dead for a long time. With…

Markets continue to stick after edging out of long ranges. Foreign countries that are in recession are at new highs. (EASY MONEY AND PRINTING OF MONEY MATTERS. The move is being led by everything that was dead for a long time. FINANCIALS, VALUE, CONSTRUCTION, INDUSTRIALS, CHEMICALS…while most growth remain dead or bearish. OILS are even…

Since the Fed launched “NOT QE” on October 11, everything has changed. We alerted you that all the comatose areas of the market had woken up. Small and mid caps. Transports. Foreign markets. Low beta. Cyclicals. Companies with down earnings and poor guidance are moving into new high ground. All got their cue and all…

Heading into the weekend…a reminder: The big 4 indices are entering new high ground. We now enter the usually seasonally strong November and December. Our economy, while having some issues, continues to show strength, especially with the consumer and employment figures. With all this, one would think central banks would be looking out for some…

Lots of jello moving on the earnings plate. AAPL and FB the big names open hot and sold into so far as market is down. CHIGAGO PMI was ugly. We will have an earnings round-up late tonight. Too many thrilled with market this minute…we shall see.