It’s not the news, it’s how the market reacts to the news. The news today was the fed maybe, possibly rolling back some of the trillions they printed. These printed trillions, in our humble opinion, were the juice that moved markets. Take it away and…you never know. Wednesday was just one day but it…
SOURCE: https://archives.warpradio.com/btr/investorsedge/040518.mp3
SOURCE: http://www.businessinsider.com/tim-scott-letter-on-acthar-and-medicare-waste-2017-4
It finally caught up with them. SOURCE: http://www.businessinsider.com/lackers-resignation-raises-big-question-about-the-real-fed-leaker-2017-4
Payroll numbers continue to get better. This morning, it continued as ADP reported March numbers. The US generated 263,000 jobs, beating expectations of a 185,000 gain. This was the highest number since December 2014. Manufacturing numbers continue to soar. Trump effect? They will tell you so. Panera Bread (PNRA) indeed gets bought as JAB Holdings…
Let’s do good news this morning. Major indices continue to hold the 50 day average off of this 5 week pullback. The pullback remains constructive overall though there have been a few sectors in trouble. The financials have been hit below the 50 day moving average but have held this first move down. If the…
SOURCE: https://archives.warpradio.com/btr/investorsedge/040418.mp3
Just a few things to take away from today. A few names like NTES,NVDA breaking near-term support on volume. We just mark them off the card. Too many…then we will talk. AMZN, TSLA remain the bull of the woods in recent trade. Both extended here. AAPL just continues. AYI blow up of the day into…
