Newsletter

As we write this, the German Dax is up over 200 BECAUSE GERMANY SAID THEIR ECONOMY MAY CONTRACT THIS QUARTER. No…really. Very simple…the European Central Bank is going to lower rates again even though rates are already negative. Do not forget we are lowering rates. India lowered rates. Australia lowered rates. China is making Bernanke…

We could tell you we saw a little distribution last week. We can tell you we saw some failed breakouts. We can tell you we saw some leaders pulling back with a few breaking the 50 day. We can tell you MSFT gapped up on good numbers and sold off. We can tell you an…

The two parties who brought us to $22 trillion of debt are both either defending or ignoring the racism in their party by pointing out the racism in the other party! Think about that for a second. We know. A 3rd party is an impossibility. Right?

Fedheads now leaking that maybe a 1/2 point cut at end of July. Of course markets will go higher on this. Gapping up a bit today after a nice comeback yesterday. MSFT sandbags and beats number handily. CRWD up $13 on more losses. $16 billion market cap on $300 million sales and nothing but losses….

Futures flat. We love flat. We love a lot of days doing nothing as it sets things up better. We are in earnings season. Earnings are ok…nothing special but we are getting a rate cut at the end of month. The dolts let us know again yesterday. ASML another SEMI name with terrible numbers…gaps up…