Market Look

SOURCE: https://www.cbsnews.com/news/families-earning-117000-now-qualify-as-low-income-in-californias-bay-area/

FINANCIALS will bounce today off of the fake stress tests. This enables some to raise dividends and buybacks….which indeed, some have already announced. FINANCIALS undercut support but will open on support this morning.

End of quarter, oversold, massive put buying and important support levels won the day yesterday and continue this morning. We have been telling you all week that it was end-of-quarter window dressing week. Of course, window dressing is illegal so does not happen. It finally hit yesterday and right where it was needed. The NASDAQ…

SOURCE: http://theweek.com/speedreads/781952/minimumwage-worker-venezuela-could-afford-5-cups-coffee-each-month–nothing-else

The DOW had a chance to hold the 200 day. The S&P had a chance to hold the 50 day. In fact, markets were very strong out of the box yesterday…but that big reversal changed it up. AS WE HAVE TOLD YOU, more than half the market was already in different stages of bearishness with…

Personally, always thought why people were forced to give. What happen to free will? SOURCE: http://www.latimes.com/politics/la-na-pol-court-unions-fees-20180627-story.html

Never mind. Yup…never mind. The president changed his stance on China. The president will not be as harsh on China. What happened? Markets were going down. Yes…they are listening to me. We have stated on radio and tv that their stance on China and the rest of the world would hurt markets. If markets went…