Markets

Lots of jello moving on the plate! Futures up a wee bit. Gaps to upside of decent size: UCTT, TER. MKSI, NOW, UAA, PYPL, EXAS, INTU, XLNX…there are a few smaller gaps in ALSN, MGM, CAVM, BMY, RTN To the downside: MLNX, FFIV, AMGN, ORLY, BWLD, CMPR, FTI, LUV. AAL, NTGR, CTB, EFX, ETH. In…

Wouldn’t get twisted that the market sold off late in the day it is just overbought and needs rest.  The financials (which are not leaders) seem tired into resistance .Whether or not market rests is another story. The big story is the great reactions to earnings in many names like TMO, ANTM, IRBT and WYNN….

—–Don’t you love how the left and the media are now all of a sudden worried about whether the tax cuts will cause more debt going forward? They did not give a crap as Obama won the championship belt on debt with $9 trillion during his tenure. Didn’t remember them asking whether the $800 billion…

US Steel croaks!

Futures flattish. Would love to see couple days of nothing but earnings season and tax proposals continue. Gappers- IRBT, WYNN, TSS, TWTR, ANTM, TEL, EW to upside. X, CREE, COF, DFS, ILMN, UTHR, ULTI, STX to the downside. We are sure we missed a few but will cover them after the market closes. We will…

Another gap to the upside. Only issue was the tired close of financials but that’s all. Nothing wrong with being a little overbought. Good to see strong reactions out of names like MCD and CAT. Those 2 names were about 100 Dow points. Lots more earnings to come out but this 2 day move sets…

We will let that stand on its own. SOURCE: http://dailycaller.com/2017/04/25/al-gores-new-group-demands-15-trillion-to-fight-global-warming/

Don’t you love socialists. Whine and complain about the rich and the successful. Whine and complain about those that make “too much” money. They whine and complain until they are making the cheese. President Obama is not immune to socialistic capitalism. SOURCE: https://www.zerohedge.com/news/2017-04-24/obama-receive-400000-speaking-fee-cantor-fitzgerald-conference