In no particular order: The dollar is breaking to new lows. The euro and pound are breaking to near yearly highs…out of clean bases. We suspect this is part of why commodities keep moving higher. Major indices are stretched, extended and overbought as much as we have seen in a long, long time. Names like…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011218.mp3
NASDAQ futures flat. S&P futures up a wee bit. Very strong yesterday. COMMODITIES continue to lead in a big way but extended here. BOEING acting like an internet stock from 99. AIRLINES like AAL and DAL breaking out. ENERGY strong but extended. Big report over 3 day weekend. Be well!
SOURCE: https://archives.warpradio.com/btr/investorsedge/011118.mp3
SOURCE: https://www.bloomberg.com/news/articles/2018-01-11/wal-mart-raises-u-s-hourly-wage-to-11-in-wake-of-tax-overhaul
Yesterday’s bear market lasted 3 hours. Need we say more. Futures are up. Now watching Biotech. IBB in big base. No other changes. Many are talking about higher rates. We have news for them. We are still sitting down at 2.56% on the 10 year and 2.91 on the 30 year. Relax! That said, we…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011018.mp3
A few thoughts in and out of the market: Immigration: Not one person will be deported out of DACA. Not one. The coins: Kodak (KODK) announces a coin. Goes from $3.10 to $6.80 yesterday. Trading at $11.50 this morning. But there is no bubble! Notice many of the other “questionable” blockchain/coin stocks have been slaughtered….
SOURCE: https://archives.warpradio.com/btr/investorsedge/010918.mp3
By Gary Kaltbaum In a nutshell, in one glance, we are able to see the rewards of good policy and the repercussions of bad policy. I was doing my usual scanning of the news and right about the same time, I found two reports with two different outcomes. Those that have listened to the radio…
