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Almost midnight here in Berlin…a fascinating place. Will write about it in my retro diary later this week. We remain worried about the financials. Another day of not acting well. In fact, we do not think it takes much to break them down from another level. If this occurs, it will not be good for…

Greetings from Berlin Germany. Will have more on my trip later this week as we head to Krakow Poland next to see the concentration camps of Auschwitz-Birkenau. I am not a drinker but hear after the visit, I will need to drink a lot. Futures flattish as we head into shortened holiday week. I am…

We have emphasized to you recently it is more about the sectors than the indices as side by side, there continues to be bull and bear markets. On top of that, there have been fewer and fewer stocks and sectors working so dart throwing time is over. Let’s break it down. Large continues to be…

Futures came all the way back to even after being down 140 Dow points. The drop coincided with our attack on a Syrian airfield. The fake employment number came out a few minutes ago…not even close to expectations…so we have fallen off again but just about 1/4 percent. We are already inundated with questions asking…

U.S. warships striked a Syrian airfield with 59 Tomahawk missiles. This comes in response to Syria’s chemical attack on their own people killing men, women, children and babies. Futures are down about 120 Dow points. Oil has spiked. Gold has spiked. Game changer? Will depend on a lot of variables as this moves forward. More…

SOURCE: https://www.bloomberg.com/news/articles/2017-04-05/valeant-stock-is-below-10-again-on-struggle-to-sell-assets

Futures flattish after yesterday’s reversal. Remember, ugly reversals like yesterday do not have to lead to more downside. It’s just that the market’s internals topped out weeks ago so in combination, it must be watched…specifically if the financials take another leg down. Not much movement this morning but we repeat what we said on radio…pay…