Market Look

Futures up after yesterday last minute dump. Lots of talk about Trump/Congress and the inability to get the big stuff done. Time will tell. For a change, gaps to the upside in some RETAIL that has been smoked…DLTR,GES,PVH,SIG,WSM. And let me throw some cold water on something you are reading today. There is a story…

  “ANOTHER MISSED OPPORTUNITY MR. PRESIDENT!” By Gary Kaltbaum- August 22, 2017 —We wrote about your first missed opportunity. You swung at a big fat pitch right down the middle of the plate and whiffed. You couldn’t even stick a knife into the black heart of anything KKK, anything Nazi or anything of the like. You gave…

We are not  “Dow theory” people. The Dow theory basically states the transports and the Dow should go hand in hand. You can go and look it up. We have seen plenty of times where one under-performs the other and the rest of the market does not crater. No matter what, we will just pay…

Yesterday…gap to the upside. Today…gap to the downside. And the Knicks still suck! CREE,LOW,LZB,RARE gap down…smaller gaps to the downside in CRM and INTU. Have a great day!

SOURCE: http://www.espn.com/sports/llws17/story/_/id/20410683/opposing-coaches-players-console-llws-pitcher-gave-walk-off

TESLA bonds should yield 8-9%… SOURCE: https://www.wsj.com/article_email/tesla-bonds-tumble-in-sign-of-concern-over-finances-1503350854-lMyQjAxMTI3MTI3MjgyNTI5Wj/ 

Last night, we told you we thought yesterday’s close indicated that a bounce was ready to happen. We don’t giving short term calls as we like talking big picture but thought worth mentioning because of what we saw. And lo and behold…nice gap to the upside today. Yippee. Keep in mind, this is so far,…