Markets

FINANCIALS (XLF) edging out of a few week range with a few names like BAC, JPM, WFC ascending out of short bases. Keep in mind, they all start reporting late next week. DOW stuff: IBM just off an upgrade yesterday continues on the move with their crappy numbers. MMM off the 50 day. AXP edges…

We shall be short as to not confuse: Big institutions representing the big money came back from the holidays and are buying en masse with the NASDAQ again leading the way. Never argue with the big money. Strength remains in commodities, oils, housing with many semiconductor names waking up from weeks of dormancy.

Our latest theme from late last year continues this morning. A weak dollar has commodities and emerging markets strong out of the box. We are always ready for changes in market conditions but right now, all pullbacks in commodity names should be looked at. A late dive on the last day of the year is…

Futures up decently this morning as trade remains quiet into new year. Still…nothing that resembles even a 2% drop. Bitcoin getting hit today. Some of those “questionable” companies that changed their names in the midst of going right back where they came from. We are in hopes you were not the last ones in on…

Looks like it will remain quiet rest of week. As stated, ENERGY/OILS for real but only on some pulling back here. Many names extended from the past week’s move. For the first time in a while, GOLD STOCKS are better. They have been dormant. We shall see if they get going. Supposedly, January a good…