Outcome is what matters to us. Some are blaming Trump tariffs for today. Others are blaming the Italy situation. Neither explain what we are seeing in the financials. Coming into the week, one of our peeves was the lagging financials and now they are downright breaking down. Don’t take our word for it. Check out:…
A big salute to all those who have fought for our freedoms. We should not just think of these brave men and women on holidays but every day. Greetings from Lake Como, Italy. Haven’t seen the Clooneys yet. Beautiful, beautiful area. Bucket list stuff! Very tight closes in the market over the past couple of…
OIL/ENERGY big story. Our theme that it was putting in a near term top is playing out. Just got very stretched and extended. Futures flat to down as we head into holiday weekend. Do remember why we have this holiday. FL, DECK gapping up…Going to watch NTNX, SPLK, ADSK, VEEV as all down on numbers…
https://archives.warpradio.com/btr/investorsedge/052418.mp3
SOURCE: https://www.dailywire.com/news/30981/how-destroy-major-city-one-week-after-passing-ben-shapiro
Just who is making the decisions at the NFL? Are they insane? Do they not have a shred of a pulse on what is happening and what has happened out there? First off, let me be clear. I do not like Colin Kaepernick and do not understand anyone backing him up. The man depicted police…
Good reversals yesterday. NASDAQ/NDX/GROWTH led all day. Watch that new high list to see if it expands. Major indices sitting tight in here. Just needs a move out of range. OILS/ENERGY indeed pulling in. We thought it was about ready. This area got too popular and too extended. Ten year yield back below 3% as…
Why does the article say red hot market? Bitcoins and other coins continue to head south. SOURCE: https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
SOURCE: https://archives.warpradio.com/btr/investorsedge/052318.mp3
A few important notes: We have been stating for days that OILS/ENERGY stocks were extended, stretched and overbought. They finally started to come in yesterday. As of now, this is a normal pullback. We suspect yesterday’s action will also presage a pullback in the price of oil. Our theme has not changed…and frankly, we expect…
