Yesterday, we told you that the non-existent, end-of-quarter, illegal window dressing period would start. Dang…that was a good start. But not much has changed. The worst areas remain worst…the best areas remain best with one little change. It seems the BIOTECHS are ready for another leg up as many ramped and romped on Wednesday. The…
Regardless of everything said and written here, don’t forget it is end of quarter. At the end of a quarter, market players are not supposed to window dress…meaning they are not supposed to pump things up by buying a crapload of stocks they already own in order to have end of quarter statements look better….
The internals continue to deteriorate…but you already knew that’s what was going on. Everything we told you that was going on…is now worsening as the small caps lead down and the large caps start to come in. Amazingly, the Russell 2000 is now below the 200 day moving average with the Dow and S&P just…
Alibaba has sales of $8.5 billion and has a $231 billion market cap. Just above its market cap is Chevron with a $236 billion market cap…but has $226 billion in sales. Next up, Wal Mart with a $245 billion market cap…with a whopping $480 billion in sales. But don’t worry. The Fed says there is…
As usual Shepherd Smith nails it! SOURCE: http://newsbusters.org/blogs/tom-blumer/2014/09/19/shepard-smith-josh-earnest-admins-anti-isil-coalition-claims-something
Today is the much anticipated IPO for Alibaba Group. I will be sharing my thoughts on its debut with Gerri Willis on the FOX Business Network today between 5 and 6 PM ET. Brian Balsanek was kind enough to share this article from IBD. I’ve posted it below to share a little insight on the…
It is pretty simple here. The DOW breaks out of a cup and handle. The SOX holds the 50 day and ramps right back up. FINANCIALS are breaking out all over. And away we go again. Just keep in mind, small caps still refuse to budge. ENERGY,REITS,GOLD,SILVER,METALS,ORES,CONSTRUCTION MACHINERY and a few other areas are still…
SOURCE:http://dailysignal.com/2014/09/16/war-poverty-colossal-flop/
We typically do not write in the middle of the day but things are getting noisy. And we are not talking about the market. We are talking central banks. While all the divergences are still out there, China announces 500 billion of printing and at the same time, Yellen leaks 0% for a long long…
