Last week, yuck. Last month, yuck. The only thing emerging right now is GOLD and GOLD STOCKS as they came up the right side on heavy volume Friday. Markets are deeply oversold but oversold can become more oversold. Of course, we also have to deal with the next tweet and maybe the next tariff. The…
SOURCE: https://archives.warpradio.com/btr/investorsedge/053119_18.mp3
Tariff man strikes again. This time…Mexico. Futures down. Yields down. Energy prices down. Yippee! Enjoy the day. Will have complete technical report this weekend.
SOURCE: https://archives.warpradio.com/btr/investorsedge/053019_18.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/052919_18.mp3
Distribution! Yields still plunging. All one needs to know this second. More to come.
SOURCE: https://archives.warpradio.com/btr/investorsedge/052819_18.mp3
Just reporting the news: All major indices are BELOW the 50 day moving average. The SOX has pulled an Eiffel Tower move. Fewer and fewer areas and fewer and fewer stocks are working. Leading groups are utilities, reits, consumer staples…and a bunch of software names still working. But…mostly defensive areas leading any charge. OILS yikes…and…
SOURCE: https://archives.warpradio.com/btr/investorsedge/052419_18.mp3
Futures up a wee bit after a nauseating Thursday. We shall see how the day goes but yesterday, a bunch of stuff moved into or below shorter-term support. Not sure this is good news. We would like to put a good spin on things but: Oil prices melted down yesterday. This will be good news…
