Markets

Apple was the whole Dow yesterday. The rest of the market continues to underperform the Dow, which is up 500 points since last Monday…the S&P is flat, the Transports and NASDAQ down…the Russell down. Not sure if it means anything or just rotation…but leave no doubt, past couple of weeks has divergences. Gaps today: REGN,…

This CNN hack actually blames a certain party on the right for Obamacare’s woes. Yup…it is not the fault of Obama…it is not the fault of the left who voted it in…it is not their fault even though it was imploding way before Trump became prez…it is not there fault even though one of the…

SOURCE: https://www.yahoo.com/news/venezuela-increasingly-isolated-deadly-vote-162531329.html

After watching central banks go to negative rates…after watching central banks print over $20 trillion…after watching central banks take that conjured up $ to buy up bonds…after watching central banks buy up bonds to rig and manipulate interest rates down…after watching central banks buy up bonds to rig and manipulate interest rates down, screwing savers…NOW…

Dow has been working…other indices have been sitting…as of recent. That may change today. Futures up nicely…no news except market likes earnings, Asian markets strong. Other markets strong.  Before another word, let’s see outcome today. Except for transports, major indices remain nicely above support/moving averages. Gaps of note: SHOP breakaway gap. Strong name. Company loses…

It feels like the DOW can run some here but so far, it is without the transports, without some of the previous mega-cap tech/internet as well as the lagging stuff. But the DOW acts well. Just letting you know in the past 5 days, the DOW is up 378 points with Boeing (BA) about 200…