Sorry about no closing comments yesterday. Go figure…a French preliminary election juices the market. The case is being made that if the far right candidate won, France leaves the EU…which could lead to who knows what. When the market realized there was no chance of winning on May 7, everything is great again. At least…
We know why! The question is whether the mall owners can do something about it.
SOURCE: https://archives.warpradio.com/btr/investorsedge/042418.mp3
We do not rationalize why. We are of the belief that it’s not the news. It’s how the market reacts to the news. But since it is news, here is what is happening to cause the markets to jack to the upside this morning. The supposed pro EU, pro immigration “centrist” in France will now…
We had a sneaking suspicion it was best to wait before telling you our thoughts because there was something called a preliminary French election. We had a sneaking suspicion it would be a market mover even though we really don’t know why. As we write this, Dow futures are up 150 points. Keep in mind,…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042118.mp3
SOURCE: http://www.reuters.com/article/us-bebe-stores-restructuring-idUSKBN17N1AG
S&P futures flat…a little better on the NASDAQ/NDX. Keep in mind, the strong NASDAQ/NDX will be swayed by FB,AMZN,AAPL,GOOGL and a few others in the next couple of weeks but so far, it is the real strength. The Semis reasserting back above the 50 day is important. Visa (V) mini-gap. Last quarter’s gap kept the…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042018.mp3
