Market Look

Is it me or are we seeing another mystery Monday gap to the upside? Either way, markets were oversold near-term coming in and the will be worked off on the open. A FEW OTHER THOUGHTS: Japan’s GDP comes in at a yearly 4% clip. If I was printing a trillion each year and keeping rates…

Our proprietary sentiment indicators are off the charts, shorter-term bearish…which is bullish. When too many get scared AFTER a drop, it usually gets us close to a bounce. But other things we are seeing may be at work: Notice the TRANSPORTS again look to be holding the longer-term 200 day. TRANSPORTS are not leading but…

Futures are flattish after being down much of the evening. Who said this? “IF THEY EVEN USED THEM (NORTH KOREA AND THEIR NUCLEAR WANTS), IT WOULD BE THE END OF THEIR COUNTRY!” Who said this? “WE COULD DESTROY YOU! (NORTH KOREA)” Wrong…it was not Donald Trump. It was Bill Clinton and Barack Obama. So when…

Before today: It was a 60-40 market with 60% of the market in good shape while 40% (retail, energy,autos…) was in bad shape. This is a piss poor number for indices that keep going higher but indices have been acting well nevertheless. In the past 3 weeks, we have seen a ton of earnings blow-ups….

Futures are down again as all the talk moves to North Korea. The media continues to put out the mantra that it is Trump who is the threat and not Kim Jung Un. I do not know what happened here. I know they don’t like him. I know he has antagonized them but that goes…

SOURCE: https://archives.warpradio.com/btr/investorsedge/080918.mp3

“NORTH KOREA AND THE GENIUSES!” By Gary Kaltbaum- August 9, 2017 Disclaimer: Expect a couple of expletives. Could not help it. Serenity now! Disclaimer: I continue to give Donald Trump about a 3-4 out of 10. I do not like his lack of presidential acumen. I do not like the many “untruths!” I do not like…

NDX futures down a big 50…S&P down much less percentage-wise…50… North Korea front and center…more on that in another report. Markets moved down on North Korea yesterday. We think that’s part of today but also…lots more blow-ups. DIS on blah numbers…and ESPN issues. And personally, tired of turning on ESPN  and not seeing highlights but…