Good day considering. We always like, at least for the near term, when markets are down big and finish well creating bullish tails. But leave no doubt, recent action has done a decent amount of damage to many chart patterns. So probably get some upside testing but not sure how much. Stay tuned! It is…
How silly of us not to mention the Dow and S&P pulled right into the 50 day…so maybe this is a place to hold for now. Readers of our reports know how important this area of support is. The Nasdaq pulled in just above the 50 day.
It is early but so far, excellent rebound off of early ugly. Still plenty of red but a lot of early reversals. We will leave it at that and be back to you after the close. Let’s hope it holds.
Futures are down about 120 Dow points. Nasdaq futures down about 25 points. As we scan pre-market, lots of yuck. But hey…gold is up! Remember, we alerted you that financials broke initial support. This is not necessarily a death knell but after a long run, quite overdue. We told you that due to the fact…
You may want to listen to Friday’s radio show from the 2 minute to the 20 minute mark. All my thoughts on what we just saw on the healthcare bill. https://ia801503.us.archive.org/13/items/170324.output/170324.output.mp3 Our thoughts: How does a political party win just about everything: the house, senate, white house, governorships and state legislatures and not able to…
SOURCE: https://video.foxnews.com/v/5372418133001/?playlist_id=928378876001#sp=show-clips
SOURCE: https://archives.warpradio.com/btr/investorsedge/032418.mp3
Studies have shown savers lost about $1 trillion because of suppressed rates by the Fed.
Snatching defeat from the jaws of victory. Welcome to the Republican party so far. All eyes are on the Republican party. The theory is that if they can pass a healthcare bill, it is bullish. If they don’t, it could be bearish. That’s just the theory that is being talked about. As always, we will…
Markets gave back everything by the close as healthcare vote put off for another day. We are hearing they will try again tomorrow but if they don’t have the votes, it is a mistake. Markets are being moved by all this…unfortunately! Hoping to get past it soon. More in the morning!
