We told the brilliant Stuart Varney last week that we thought if the major indices can move out, it would be a big breakout and should lead to another leg up. But the only index that edged out was the S&P…so not yet. But now, with the tariffs off the table, with Powell going full…
The big story will be the G-20 meetings and all the trade stuff. We’ll know a lot more over the weekend. FINANCIALS gap up this morning as EVERYONE beats the fake stress tests. This enables these financials to raise dividends and buy back more stock. GOLD still in bullish pullback. As we stated a few…
SOURCE: https://archives.warpradio.com/btr/investorsedge/062719_18.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/062619_18.mp3
We can talk markets but in the short-term, it is all about the trade deal as Trump meets XI. Both seem stuck on their side. From yesterday: We continue to believe the move in gold is real but our pullback thought continues. SEMIS real strong yesterday. MU news was catalyst. MU earnings stunk. Did UTILITIES…
Tough day yesterday. Futures flat and then Mnuchin said some bs on China…same bs he has said a dozen times…but now the prez doing interview and is all over the map. Futures coming in. I am speechless. Go to my twitter feed and you will see all my sarcasm. Very tough to watch. Since you’re…
SOURCE: https://archives.warpradio.com/btr/investorsedge/062519_18.mp3
ABBV buying AGN. GOLD again with the little gap up. As we stated, we think the move is real but wait for pullbacks…which have not happened yet. Seeing a bunch of distribution in growth names as a few breaking the 50 day and a few bigger leaders like SHOP, TTD hitting near term highs. SMALL…
SOURCE: https://archives.warpradio.com/btr/investorsedge/062419_18.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/062119_18.mp3
