Markets

As we write this, we are seeing many coins down over 10% with some actually down over 20% this weekend. To repeat, we have told you, we are telling you and will continue to tell you this “coin” thing was, is and will be nothing more than another insane bubble. We repeat there are no…

Weird day yesterday. Money flowed out of TECH/RISK and into lower beta. MCD up $7 but saw no news. OILS bounced right off support but we stick with theme that they are now range-bound. Emerging markets continue to act horrid and should be underweight right now. A few countries, namely Brazil for starters and basket…

SOURCE: https://asia.nikkei.com/Business/Companies/Apple-warns-suppliers-of-20-drop-in-new-iPhone-parts-orders

SOURCE: http://www.dailymail.co.uk/news/article-5816065/Shocking-satellite-photos-entire-towns-obliterated-Guatemala-volcano.html

The S&P moved above near-term range. The DOW moved above near-term range. FINANCIALS, which were dormant, woke up. (Very important) Notwithstanding settling down or small pullbacks, market is gaining strength here. New highs picking up. Growth continues up. We do suspect some of the big leaders settling down near-term but think there is more to…

SOURCE: http://www.businessinsider.com/hong-kong-world-record-most-expensive-parking-spot-2018-6

SOURCE: https://www.zerohedge.com/news/2018-06-05/medicare-will-be-insolvent-2026-sooner-expected-social-security-follow-2034