Markets

Futures flat. We love flat. We love a lot of days doing nothing as it sets things up better. We are in earnings season. Earnings are ok…nothing special but we are getting a rate cut at the end of month. The dolts let us know again yesterday. ASML another SEMI name with terrible numbers…gaps up…

———–This is one of those stories I remember like it was yesterday.  I am not talking about remembering a major news event like the landing on the moon.  I am talking about one specific personal incident that again, I remember like it was yesterday. I remember the exact words. I remember my reaction. Because of…

We are being told we are in an earning’s recession. We are being told the economy is going into recession. We are being told the rest of the world is in trouble. We are being told the market has to drop because of all this. We have a response to all this. No it doesn’t….

——“I woke up this morning thinking it was going to be another great day. I’ve been celebrating with friends, family and the community since I turned 90. I’ve told you about the gracious gift of $117 million that was collected and given in my honor to four charities that mean a lot to me. All…

Strong DOW day yesterday as UNH soars on a flip flop from the prez on drug rebates, BA bounces, GS strong as long yields back up. Most of the rest of the market under-performed. Amazingly, the small and mid caps were again down. Normally we would tell you this divergence must lead to disaster but…