Futures are back to flattish after being down overnight. The Hang Seng was down 500 points but finished down a measly 6 points. Bear markets last hours right now. Not a lot in the way of earnings but: AVGO buying QCOM and AVGO goes up…even though QCOM sales and earnings are down. QCOM does not…
Some random thoughts: Prayers go out to those affected in Sutherland, Tx. Seems we are doing that a lot lately. After a longer look at the tax package, we are happy with the corporate side, completely unhappy with the individual side. After talking with some brilliant accountants, seems some middle class people are going to…
Futures up but mostly on APPLE which is up $6.50. OLED, ANET, ROG, MELI, MOH, FND, WING, TNET are up. DATA, STMP, COHU, P, SBUX, HLF, ACIA, LOCO, BLMN, CC, AIG are down. As always, missed a few and price can change quickly. But this is a good review. Will have market report as well…
SOURCE: https://archives.warpradio.com/btr/investorsedge/110218.mp3
Futures flat. Markets never go down. Tax reform today. I think. From what I am hearing, not happy at all. Feels like a monstrous missed opportunity for a bunch of wimps that are afraid of their own shadows and have no core principles. Seeing nothing about size of government. Seeing nothing about government spending. BUT…we…
A reminder of some things for tomorrow: New fedhead announced…a dude named Powell. Nothing gonna change. Trump had a chance to put in someone that would normalize things but realized he wants markets up also. Tax plan coming out. From what I am hearing, it is less than promised. In fact, there are things…
SOURCE: https://archives.warpradio.com/btr/investorsedge/110118.mp3
Europe up stong after Asia up strong so we are up strong. Movers to the upside: X, SODA, EL, WYNN To the downside: CHKP, FISV, DDD, EVHC, EA, PZZA, PAYC, RGR, CRTO OIL PRICES broke above range so some of the down and out OILS are coming on. REFINERS remain the strongest. Facebook and Tesla…
SOURCE: https://archives.warpradio.com/btr/investorsedge/103118.mp3
NDX futures up decently…everything else a wee bit. INTC, AAPL, AMZN and a few others get the opening bump this morning…just on momentum. AAPL and FB report this week. AAPL announces going to use INTC chips so INTC up even though very extended. Today continues end-of-month windiw dressing. Of course, it is illegal so…
