Futures came all the way back to even after being down 140 Dow points. The drop coincided with our attack on a Syrian airfield. The fake employment number came out a few minutes ago…not even close to expectations…so we have fallen off again but just about 1/4 percent. We are already inundated with questions asking…
U.S. warships striked a Syrian airfield with 59 Tomahawk missiles. This comes in response to Syria’s chemical attack on their own people killing men, women, children and babies. Futures are down about 120 Dow points. Oil has spiked. Gold has spiked. Game changer? Will depend on a lot of variables as this moves forward. More…
SOURCE: https://archives.warpradio.com/btr/investorsedge/040618.mp3
Fish or cut bait time as major indices sitting all over the 50 day which means a ton of names sitting on the 50 day. A move to the upside gives a chance to take out highs. A move below and we shall talk. Remember, we have not had a 5 percenter in a long…
SOURCE: https://www.bloomberg.com/news/articles/2017-04-05/valeant-stock-is-below-10-again-on-struggle-to-sell-assets
Futures flattish after yesterday’s reversal. Remember, ugly reversals like yesterday do not have to lead to more downside. It’s just that the market’s internals topped out weeks ago so in combination, it must be watched…specifically if the financials take another leg down. Not much movement this morning but we repeat what we said on radio…pay…
It’s not the news, it’s how the market reacts to the news. The news today was the fed maybe, possibly rolling back some of the trillions they printed. These printed trillions, in our humble opinion, were the juice that moved markets. Take it away and…you never know. Wednesday was just one day but it…
SOURCE: https://archives.warpradio.com/btr/investorsedge/040518.mp3
Payroll numbers continue to get better. This morning, it continued as ADP reported March numbers. The US generated 263,000 jobs, beating expectations of a 185,000 gain. This was the highest number since December 2014. Manufacturing numbers continue to soar. Trump effect? They will tell you so. Panera Bread (PNRA) indeed gets bought as JAB Holdings…
