Another morning where market has no memory from the day before as futures smacked this morning…but there continues to be some consistent action. CHINA again smacked this morning. Emerging markets smacked…this has been going on a while and would continue to avoid. On the other side, a select list of growth stocks continue to be…
SOURCE: https://archives.warpradio.com/btr/investorsedge/081418.mp3
The market continues to thin out the herd. Forget for a second whether the market was down yesterday and the fact we will have a little gap up today. There were many more new lows than new highs yesterday. As we scan a couple thousand names each day, fewer and fewer remain above the 50…
SOURCE: https://archives.warpradio.com/btr/investorsedge/081318.mp3
Holy hell Batman. Both gold and silver in new yearly lows again this morning. The amazing part of the equation is that this is going on while there is supposed turmoil. We just want to repeat…price is everything…noise is meaningless. Gold and silver remain in a bear market. The definition of a bear market is…
Futures were down decently overnight and then this: “Turkey Central Bank says it will provide all the liquidity the banks need!” Look familiar? Feels like Bernanke is back. When easy money causes all kinds of problems, just make money even easier until bubbles are created. S&P futures up a wee bit with NAZ futures better…
While everyone is reporting, yapping or talking about Omarosa, secret tapes, Charlottesville, Turkey, Turkish Lira, Turkish Taffy, kneeling, Elon Musk and his clear lack of ethics if not more, Tesla, socialism, socialist dolts, Chicago shootings, hijacked planes, Kanye, Russian economic wars, asinine tweets and the crappy Mets…not that any and all is important… we just…
SOURCE: https://archives.warpradio.com/btr/investorsedge/081018.mp3
TTD big gapper to the upside this morning. Been a leader and now…even more. Turkey (TUR) going to get whacked even more this morning as the Trumpster puts higher tariffs on them. Don’t piss off the Trumpster. When you have a chance, go google what is going on in Turkey, economically and politically. The Turkish…
Yesterday, on our very popular, award winning radio show, we simply stated we thought the market got pooped out in late action. We stated we thought a pullback was at hand but thought any pullback will be controlled and rotational. What we saw? Simple…a narrowing of advancers, a couple of days of churning (no progress)…
