Market Look

Dow futures down a wee bit but NDX futures down decently. To get more specific: AMZN remains on defense trading below the 50 day average after disappointing Wall Street. A break below $936 makes things worse. AAPL  remains on defense as worries over the new I-PHONE continue. The stock broke the 50 day on heavy…

Still, nothing in the way of even a 3% correction. Major indices, for the most part, remain in good shape. The DOW and S&P”s breakout from early last week remains intact. The NASDAQ and NDX remain in shape but we are now seeing some mega-cap names causing a little bit of lagging here. Names like…

Quiet! But again, market refuses to budge. Any weakness is sopped up. EASY MONEY RULES! Yellen stating she will roll back QE is laughable. Already said she would reprint if markets fall. Really? VSAR…as this is written, the stock is trading at $3…down $18.60. That is not a typo. Another BIOTECH with no sales with…

Very quiet early. GOLD/SILVER continue the yonking as DOLLAR strengthens off of Yellen blah blah blah. TRANSPORTS really coming on as RAILS/TRUCKERS and other stuff on the move. Industrial-types also on the move…some say because hurricane…some say just because. More later!

SOURCE: https://archives.warpradio.com/btr/investorsedge/092018.mp3

New stuff hitting the screen. The lagging TRANSPORTS maybe no longer lagging. Truckers, rails breaking out. INDUSTRIAL-types…packaging, equipment, chemicals, machinery, construction and all that stuff. Many saying the reason being is the rebuilding after the hurricanes. We dont care why! OILS continue with the better bid as oil prices continue higher. Actually seeing a few…

All quiet this morning. Prayers to Puerto Rico. Been there about a dozen times. Cannot imagine what 150 mph winds will do. Prayers also out to those affected by earthquake in Mexico. 7.1 is a biggie. Toys R Us bankruptcy… Bad service, bad pricing, bad website combined with massive debt…will do the trick. This was…