Newsletter

THIS IS A MAJOR HURRICANE. HOPE YOU ARE ALL LISTENING TO GET OUT OF THE WAY. OOOPS…NDX futures down decently…DOW and S&P less so. We have absolutely no idea of where this market goes…just that: RATES GOING HIGHER OIL PRICES (while pulling in a wee bit) HAVE HAD A BIG RUN GROWTH STOCKS CONTINUE TO…

Futures down off of weak Europe and Asia. China down even though they eased again. Not thrilling news. Markets short-term oversold but as we stated, oversold can become more oversold. Earnings start to come out in droves late this week with a few important FINANCIAL names like BLK, C, JPM, WFC. PNC.

Last week, we wrote this: While the DOW goes into new highs, nothing else is. While the DOW goes into new highs, advance/declines have made relative lows. While the DOW goes into new highs, the RUSSELL 2000 and the MID-CAPS have broke initial support and are woefully under-performing. While the DOW goes into new highs,…