Funny…a guy who has lived off the tax payer all his life is telling people he will get them all jobs! SOURCE: http://thehill.com/homenews/senate/384554-sanders-to-announce-proposal-to-guarantee-jobs-to-all-americans
Mushy day yesterday. We guess it was good that DOW came back but SEMIS another rough day. We are now in the midst of earnings. CAT, UTX, VZ gap up in the DOW. MMM, TRV gap down. KO is flat from the DOW. Others gapping up…PHM, HOG WHR, SAP,CDNS, EDU, LMT. Gapping down…GOOGL…but only $78…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042318.mp3
Futures been strengthening a bit this morning. OIL prices down decently. We told you over the weekend oil stocks extended and overbought. Let’s see how they pull in. Important GOOG(L) after the close. A ton of important names this week. In the DOW…MMM, CAT, KO, TRV, VZ, BA, INTC, MSFT, V, CVX, XOM, UTX And:…
-Our main theme continues. January 29th will be the highs for a while while the recent lows/Feb lows provide a floor. So far, back and forth we go.- -Still a ton of earnings to come out in next 3 weeks so be patient. There have been a few decent reactions like NFLX, CSX, TXT, ETFC…
SOURCE: https://archives.warpradio.com/btr/investorsedge/042018.mp3
Earnings: GE surprises…actually up but meaningless to the DOW as it is low priced. Leading names SKX, TEAM go bye bye. Futures down but not a ton but: Yesterday: HOUSING looks like it is rolling over gain…from lower levels. CONSUMER STAPLES new yearly lows. TOBACCO smoked (pun intended) as well as food, beverage, household priducts….
SOURCE: https://archives.warpradio.com/btr/investorsedge/041918.mp3
Those that follow our work know much much the SEMICONDUCTORS matter to us. It is not very often the market is not in sync with this all-important area. The SEMIS have had some decent pressure recently with the result of many names breaking support. With this recent rally, the SOX bounced up but to our…
All about the commods yesterday. OIL, STEEL, COPPER, ALUMINUM, PALLADIUM and all that stuff. Oil prices continue to rise and are up again nicely this morning. All very extended here but leave no doubt, money flows continue. But not going to be fun at the pump. TSM warns this morning and says it is all…
