Market Look

Futures flat but a few names lifting numbers in PLCE, LULU, MZOR and DRI. Always good to see raised numbers. A gargantuan return from the holidays as the boys were relentless last week piling into the markets. We would like to tell you there were some holes but they were few and far between. In…

SOURCE: http://www.espn.com/nfl/story/_/id/21960086/nfl-television-ratings-97-percent-2017-regular-season

FINANCIALS (XLF) edging out of a few week range with a few names like BAC, JPM, WFC ascending out of short bases. Keep in mind, they all start reporting late next week. DOW stuff: IBM just off an upgrade yesterday continues on the move with their crappy numbers. MMM off the 50 day. AXP edges…

We shall be short as to not confuse: Big institutions representing the big money came back from the holidays and are buying en masse with the NASDAQ again leading the way. Never argue with the big money. Strength remains in commodities, oils, housing with many semiconductor names waking up from weeks of dormancy.

Our latest theme from late last year continues this morning. A weak dollar has commodities and emerging markets strong out of the box. We are always ready for changes in market conditions but right now, all pullbacks in commodity names should be looked at. A late dive on the last day of the year is…