We are writing this before the fake job’s number. Futures flat. More damage done but keep in mind, major indices are only down a smidge. Not even close to real damage being done. We just think that at best, things get tougher and at worst, the next level of support will break…which means more to…
SOURCE: https://archives.warpradio.com/btr/investorsedge/070618.mp3
Hope you have been listening. The ice gets a little thinner today. Many looking for why! We couldn’t care less. The only thing we know is that we thought June 9th reminded us of what he had seen before…a top for an important area of the market. Before that, almost half of the market was…
SOURCE: https://www.bloomberg.com/news/articles/2017-07-06/-voluntary-tax-plan-as-expected-fails-miserably-in-norway
On radio yesterday, I stated that off of a good NASDAQ day yesterday, I received quite a few emails asking me if the bottom in TECH/INTERNET/SEMIS and all that crap was over. To repeat, in our exhaustive studies going back since day 1 of the markets, bear phases in TECH/INTERNET/SEMIS do not last weeks and…
SOURCE: https://archives.warpradio.com/btr/investorsedge/070518.mp3
As we write this: TESLA target lowered by CITI…who has been bearish and wrong for a long time on the stock…but it is still down $13 to the 50 day average. We shall see if it holds. SEMIS bouncing…they are oversold after recent smack down. OIL lower…better action last week but we still say avoid….
It is 730 am here in London. Happy almost July 4th. Half day trading today. Still don’t know why they do half days. How about just 2 days off? Friday’s cose was weird…a big rally and a big dump. We suspect the boys will try to get that drop back at the open today. We…
SOURCE: https://archives.warpradio.com/btr/investorsedge/063018.mp3
