Markets

Holy hell Batman. Both gold and silver in new yearly lows again this morning. The amazing part of the equation is that this is going on while there is supposed turmoil. We just want to repeat…price is everything…noise is meaningless. Gold and silver remain in a bear market. The definition of a bear market is…

Futures were down decently overnight and then this: “Turkey Central Bank says it will provide all the liquidity the banks need!” Look familiar? Feels like Bernanke is back. When easy money causes all kinds of problems, just make money even easier until bubbles are created. S&P futures up a wee bit with NAZ futures better…

While everyone is reporting, yapping or talking about Omarosa, secret tapes, Charlottesville, Turkey, Turkish Lira, Turkish Taffy, kneeling, Elon Musk and his clear lack of ethics if not more, Tesla, socialism, socialist dolts, Chicago shootings, hijacked planes, Kanye, Russian economic wars, asinine tweets and the crappy Mets…not that any and all is important… we just…

TTD big gapper to the upside this morning. Been a leader and now…even more. Turkey (TUR) going to get whacked even more this morning as the Trumpster puts higher tariffs on them. Don’t piss off the Trumpster. When you have a chance, go google what is going on in Turkey, economically and politically. The Turkish…

Yesterday, on our very popular, award winning radio show, we simply stated we thought the market got pooped out in late action. We stated we thought a pullback was at hand but thought any pullback will be controlled and rotational. What we saw? Simple…a narrowing of advancers, a couple of days of churning (no progress)…

Futures flat as flat can be. YELP,SAIL,CVNA,AYX,ROKU,GOOSJACK, IAC, NCLH gapping up. BKNG down a measly $150. STMP down $36. We love quiet markets. It elongates bases and sets things up better. Will take a couple of weeks of this. No more news on TESLA this morning but make note with the stock at $365, there…

We will have more on Tesla later but you can hear my thoughts on it from radio yesterday at www.garyk.com. Stocks are flattish this morning on the open. We do not have a lot of complaints on the market here. For sure, still areas not working but charts of the indices look fine. Just a…