Market Look

—-The lines were still quite huge on Disney properties today. What virus?—- —-After scanning 1,500 stocks, 200 sectors, every country and every commodity, one word comes to mind…dang! Just another one of those outlier market events where we are sure the central bank team will come to the rescue…or at least try to. But first:—-…

—-We think it was Lloyd Bentsen who once said: I know washouts. Washouts are a friend of mine. That was no washout.—- —-We were hoping for a near term washout yesterday but nothing doing as markets sank into the close. As we told you, we know when there are the conditions for one but can…

—-After telling you late last week that we thought things were changing…some very important thoughts as markets are bouncing this morning after a nice trashing yesterday:—- —-Let the market be the guide. Let the intensive study every day of how many are working, what is working, how many above the 50 day, how many broke…

On Thursday, we alerted you to an “uh oh” moment that was a possible change of complexion on our readings of the market. On Friday, we confirmed the change of complexion. We thought the massive move in the growth/high beta area was more than likely done. As we write this, DOW futures are down a…

——Over the weekend, we will have thoughts on the latest debate…AND…we were suspended from Twitter for 12 hours. We will tell you why and just how ridiculous and biased the platform may be. In the meantime:—- —–We think a decent chance of a little change of complexion here. After all, there has hardly been a…