Market Look

Futures are flat to down. ULTI big buyout…not much more after that. AMZN was the issue on Friday as it was down over $90. It is down another $10 this morning. But it affecting nothing on Friday. GOOG reports after the close. All other biggies have reported. AAPL good reaction on terrible numbers. FB good…

FB up strong on 8% earnings growth but beat the lowered estimates. AAPL hardly beat lowered estimates on a 5% sales drop. That’s just two stand outs. There are others. Never ever ever ever ever underestimate the Fed. The market turned on our fed turning. China adding. Japan still printing with negative rates. Europe still…

GOLD is on the move as it broke above some more resistance. GOLD STOCKS are doing the same with a few names at new yearly highs. Normally, we would tell you this is because a weak dollar. While the dollar has been down, it has not been down much. To be watched. Silver also participating.

BOEING (BA), is up $22-$23 on strong sandbagged numbers. That will be good for 150 Dow points, give or take…and if nothing changes by the open. APPLE (AAPL) is up $8 from yesterday’s close. These were not growth stock numbers as sales were down…and look no better for the coming quarter. ANTHEM (ANTM) up a…

Yesterday…not so good…but not the end of the world. It is somewhat normal to get choppy in this environment as earnings moving the jello on the plate. CAT and NVDA not so good. After futures were weak overnight, we get a little of this: “ECB open to resuming quantitative easing if needed!” That line comes…