Markets

S&P futures down a wee bit…NDX a little bit more. RACE down $7 as CEO looks like he is stepping down for health reasons. LPNT up big on a buyout. After the close: GOOGL reporting. Before tomorrow’s open: MMM, UTX, VZ from the DOW. Also, BIIB, HOG, PCAR, SHW, JBLU, KMB, CNC, DGX.

Last week, the market simply sat. There is nothing wrong with the market sitting quietly, even into earnings season. But one thing that sticks out for us is that while the normal bulls are still out, we are surprised by how many bears are out there. One hedge fund announced they sold all longs. We…

“Alexandria Ocasio-Cortez!” By Gary Kaltbaum- June 19, 2018 When I saw Tom Perez, the head of the DNC say that Alexandria Ocasio-Cortez was the future of the Democratic party, my only thought was HUH? I have never understood the template of an economic system that has to this day, has only blatant evidence of failure leaving…

Lots of jello moving on the plate during earnings season. Yesterday, nice breakaway moves in ASML, CSX, GWW, NTRS….BRKB moved on potential to buy back stock. This morning…DHR good reaction but: Gapping down this morning: EBAY, DPZ, AXP, TRV, PM, SAP, UNP Futures down this morning but no biggie. From yesterday…great move in TRANSPORTS…an area…

Futures flat. ASML up $8 even though earnings down. CSX up $2. MS up $1.50. Another beta day yesterday. NFLX the big gap down was bought and finished above the 50 day. Telling! Even bitcoin waking out of its slumber.