Random thoughts on everything: Tomorrow is end of month…and then the sell in May and go away period. This is supposedly not a good period, especially in a mid-term year…but as always, we will let the market decide on that one. From 1950 to around 2013, DOW has had an average return of only 0.3% during…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042718.mp3
Amazing how a few mega-cap reactions can help market and turn the tide to a certain extent. First…major indices again held long-term support as the S&P went right back to the 200 day. Second…the NASDAQ/NDX is just back into the range…which we suspect has more to go. Other indices less so. Yesterday, it was FB…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042618.mp3
Strong futures today off of FB sandbagging earnings but nevertheless, earnings very strong…in the 60s with sales almost up 50%. Yesterday, another hold of the 200 day and longer-term support. BA helped big time…arguably the most important stock in the DOW and the NYSE. Our theme remains. Major indices still in ping pong, back and…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042518.mp3
Every time markets are hit, internals deteriorate…simple as that. More names, more leading names are breaking the 50 day. These are the names that held up best. Also…CAT up $7…finishes down $10. MMM down $15. LMT down over $20. GOOGL down $50 on a beat. We try to take out all opinion and just look…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042418.mp3
-Listen up peeps. Serious talk today. In our weekend report we told you we did not think the market would break the lows right now but in order to break the lows, they would have to break the financials and the tech. The lows have not been broken yet but we are headed there and…
Funny…a guy who has lived off the tax payer all his life is telling people he will get them all jobs! SOURCE: http://thehill.com/homenews/senate/384554-sanders-to-announce-proposal-to-guarantee-jobs-to-all-americans
