Newsletter

Futures were down recently overnight but have recovered to be on the flat side. Even though it is a shortened week, a decent amount of names reporting earnings this week. Monday- Afer the close-A, INTU, PANW, URBN Tuesday before open: ADI, BURL, CBRL, DLTR, DSW, EV, HRL, JEC, LOW, MDT After the close: BZUN, CAL,…

Market is closed Thursday and open until 1 pm on Friday. Normally, this week has some seasonal stretch, normally. The negatives: Only about 60% of the market is in good shape…based on our proprietary scans of over 2000 stocks and 200 sectors. Amazingly, there were a couple of days this past week where there were…

Futures up a wee bit but strong day yesterday. NASDAQ got back in one day what it lost in 5 days…and the 5 days wasn’t that much. If they can only correct the market 1% while internals headed south…you can fill in the blank. Gaps to upside: FL…not as bad as expected. Stock had been…

SOURCE: http://www.dailymail.co.uk/news/article-5090421/Vietnam-War-veteran-stands-guard-buddy-s-casket.html

Yesterday’s bear market already over. Nice gap to the upside today…as bear markets last one day these days. CSCO up nicely this morning on a 2% drop in sales and flat earnings. The clue yesterday is what we wrote to you midday…FINANCIALS held and rallied right off the 50 day. That said…internals have headed south…