Market Look

Quiet quiet quiet early as big week of earnings. Nothing new to even mention this morning. HAS been strong but gapping about $6 to the downside. After the close today is GOOGLE. (GOOGL) Tuesday- MMM, BIIB, CAT, GLW, DD, GM, MCD, TROW, DGX, EDU, PCAR,  AMGN, AAPL, T, CNI, CMG, CB, EW, ILMN, TXN, X Wednesday-…

Don’t worry that the VIX is at lows not seen since 1993. Don’t worry that short interest continues to plunge. Don’t worrythat we have not had even 3% down sice the election. Don’t worry that we have not had a bear market of consequence since 09. Don’t worry because rates around the globe in many…

Another day…no tax reform…no healthcare reform but: Today…$1.7 billion will be added to our debt. Today…$1.2 billion of taxpayer dollars will be spent just on interest payments on the debt. But don’t worried. Markets say everything is fine. Futures actually down a wee bit. Just in the near term, everything looks overbought since the July…

SOURCE: http://dailycaller.com/2017/07/20/man-builds-park-stairs-for-550-after-govt-officials-said-it-could-cost-up-to-150000/?utm_campaign=atdailycaller&utm_source=Twitter&utm_medium=Social

IBM yonked again as sales down again. UAL and CSX also down. Big story VRTX on drug news up $35…helping overall biotechs where the IBB looks perfect. ASML nice gap. MS smaller gap. The story is beta/tech/internet/China adrs/Semis are back and in a big way. The June 9th top lasted to July 7th and instead…