Before the market: Republicans vote to go to a vote on a vote they know will never pass. And they are calling it a success, a start…and you want to know why we are $20 trillion in debt. On top of that, we are now hearing some whispers about actually raising taxes on the wealthy….
SOURCE: https://archives.warpradio.com/btr/investorsedge/072518.mp3
The XLF sets up in tight fashion from an almost 5 month range. Notice it tightening up at the highs. In the big names, C, BK, MS have the best look. Notice the KRE tightening up along the 50 day average. A name like PNC very tight action recently.
DOW futures up 100…NDX is down though because of GOOGL. S&P up less than DOW. GOOGL down $32. Just keep in mind, it is up over $80 since recent low July 7. CAT in the DOW nice gap to the breakout today off of strong numbers. MCD also gaps up in the DOW off 3%…
There is not enough money in the world to pay for all this. SOURCE: http://www.cnsnews.com/news/article/terence-p-jeffrey/112000000-medicaid-enrollees-set-climb-40m-under-obamacare
SOURCE: https://archives.warpradio.com/btr/investorsedge/072418.mp3
By Gary Kaltbaum- July 24, 2017 To be fair, we are no fans of these RepubliCONS, who have taken part in all this government nonsense…and frankly, we have less confidence by the day. But Chuck Schumer and the socialist party (you tell me what they should be called) continue to take the prize. This morning,…
Quiet quiet quiet early as big week of earnings. Nothing new to even mention this morning. HAS been strong but gapping about $6 to the downside. After the close today is GOOGLE. (GOOGL) Tuesday- MMM, BIIB, CAT, GLW, DD, GM, MCD, TROW, DGX, EDU, PCAR, AMGN, AAPL, T, CNI, CMG, CB, EW, ILMN, TXN, X Wednesday-…
Don’t worry that the VIX is at lows not seen since 1993. Don’t worry that short interest continues to plunge. Don’t worrythat we have not had even 3% down sice the election. Don’t worry that we have not had a bear market of consequence since 09. Don’t worry because rates around the globe in many…
