RADIO SHOW 3/28
SOURCE: https://archives.warpradio.com/btr/investorsedge/032818.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/032818.mp3
Yesterday’s thoughts that the reversal would lead to some upside testing is now taking place. The key is the 50 day moving average which was tagged by the dow and s&p and almost tagged on the nasdaq. Looks like we have held support right where it needed and right where the big money crowd defends…
After yesterday’s decent reversal, futures down but hardly down. Of vital importance yesterday: the Dow and S&P held on to their 50 day moving average. This is the first visit to this important area since November 7th and is quite normal to finally happen. There is nothing wrong with a pullback into it as long as…
SOURCE: http://newsroom.fb.com/news/2017/03/more-ways-to-share-with-the-facebook-camera/
SOURCE: https://archives.warpradio.com/btr/investorsedge/032718.mp3
Good day considering. We always like, at least for the near term, when markets are down big and finish well creating bullish tails. But leave no doubt, recent action has done a decent amount of damage to many chart patterns. So probably get some upside testing but not sure how much. Stay tuned! It is…
SOURCE: https://www.bloomberg.com/news/articles/2017-03-27/tesla-model-3-ramp-up-aims-to-crush-bmw-and-mercedes
SOURCE: https://www.washingtonpost.com/politics/trump-taps-kushner-to-lead-a-swat-team-to-fix-government-with-business-ideas/2017/03/26/9714a8b6-1254-11e7-ada0-1489b735b3a3_story.html?utm_term=.5fd1c03d6fc4
How silly of us not to mention the Dow and S&P pulled right into the 50 day…so maybe this is a place to hold for now. Readers of our reports know how important this area of support is. The Nasdaq pulled in just above the 50 day.
It is early but so far, excellent rebound off of early ugly. Still plenty of red but a lot of early reversals. We will leave it at that and be back to you after the close. Let’s hope it holds.