We do not rationalize why. We are of the belief that it’s not the news. It’s how the market reacts to the news. But since it is news, here is what is happening to cause the markets to jack to the upside this morning. The supposed pro EU, pro immigration “centrist” in France will now…
We had a sneaking suspicion it was best to wait before telling you our thoughts because there was something called a preliminary French election. We had a sneaking suspicion it would be a market mover even though we really don’t know why. As we write this, Dow futures are up 150 points. Keep in mind,…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042118.mp3
SOURCE: http://www.reuters.com/article/us-bebe-stores-restructuring-idUSKBN17N1AG
S&P futures flat…a little better on the NASDAQ/NDX. Keep in mind, the strong NASDAQ/NDX will be swayed by FB,AMZN,AAPL,GOOGL and a few others in the next couple of weeks but so far, it is the real strength. The Semis reasserting back above the 50 day is important. Visa (V) mini-gap. Last quarter’s gap kept the…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042018.mp3
SOURCE: https://www.bloomberg.com/news/features/2017-03-30/espn-has-seen-the-future-of-tv-and-they-re-not-really-into-it?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social
Gappers of note: SHW gapping to the upside off of tight action. Others: CSX, SCSS, AXP, BX, FL. To the downside…URI,WR,PLXS, PM….TRV and VZ small gaps to the downside for 2 Dow stocks. Futures remain up nicely. One of the se days, the strong open will hold but leave no doubt, we are in the…
