Greetings from Paris as we head for Normandy today. Will be touring the D-DAY sights on Memorial Day. Cannot wait for this. Of course, left my cell phone in an Uber and still not recovered. Not much has changed. The good get gooder…the bad get badder, simple as that. Amazingly, even with major indices at…
SOURCE: https://archives.warpradio.com/btr/investorsedge/052618.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/052518.mp3
Not making this up. A simple flight to get me into NYC at 8 pm last night got me to my hotel in NYC st (drum roll please)… 530 am. Weather in the NE started me on flight to Laguardia…which changed to Newark…which changed to Laguardia and left many hours later. We then sat on…
A few things stay the same and a few things show up. Staying the same: Continue to avoid energy, oil &gas, most commodities, big retail, most auto anything, most financials and a smattering of other stuff. Best areas remain big cap over small cap…by a lot. Big tech/internet/semiconductors, the FANG, China ADRs, managed care, housing,…
Dow and more importantly, S&P are on the verge of breaking out of a 3 month trading range. The pullback at its low was only about 3%. Last week looks like it was nothing more than a scare day off of the naming of a special counselor to investigate the Russia stuff. Keep in mind,…
After last week’s yonking, it “feels” like major indices will break range again to the upside. All it would take is one good day. This is happening with no help from retail, from energy, from commodities, from financials, from small caps and other places. Need not say more as we head into the pre-holiday, normally…
SOURCE: https://archives.warpradio.com/btr/investorsedge/052418.mp3
NDX futures up decently…S&P futures just above flat. NASDAQ/NDX continue to get the money flows. Gaps to downside: LOW, TIF, AAP, DY, BG, UHS. To the upside: INTU. BG was rumored to be bought yesterday…says no rumor today…gives it back. Be careful! AAP adds to the auto parts retailing misery after AZO being smoked yesterday….
