Newsletter

Lots to cover. We have told you for many moons that the world will never stop their easy money policy. They can’t. They have caused and bought up asset prices across the spectrum. Depending on which abacus you are using, the guess is between $15-20 trillion…let us repeat…TRILLION of printed money, out of thin air,…

SOURCE: https://www.cnbc.com/2017/10/25/airlines-get-ready-for-new-us-security-rules-that-take-effect-tomorrow.html

By Gary Kaltbaum October 25, 2017 This is not a defense of President Donald Trump. Lord knows I have many issues with the “presidentialness” of the current president but I ask, was there any past before President Trump? Does Flake, Corker, the media, the Dems and the rest who have buried their head in the…

Yesterday was strong. Yes. there were divergences as 2 names, MMM and CAT did most of the DOW lifting but HOUSING was strong, FINANCIALS were strong and still lots of green. The other part of the equation is the continued back-up in long rates. The 10 year is yielding 2.65 as we write this, up…

SOURCE:  https://news.vice.com/story/mark-zuckerberg-political-spending

CAT and MMM have the DOW futures up strong. These 2 account for over 100 DOW points. CAT up $9. MMM up over $5.50. Others: PII, GM, LLY, AMTD, FCAU, ALXN…smaller gaps UTX, PCAR, MCD, KNL, GLW Downside gaps: WHR, HNI, BIIB, LMT, LOGI…smaller moves: MAS, CNC, WAT. So big start for the DOW on…

Futures are up…duh! Never going down again. Earnings this week: Monday- STT,VFC,V Tuesday- Before open: AMTD, ATI, BAX, CAT, CNC, EDU, FITB, FCX, GLW, JBLU, LMT, LLY, MMM, MAS, MCD, NVS, PCAR, R, SWK After close: CHRW, CNI, COF, CMG, DFS, EW, ESRX, IRBT, P, T Wednesday- Before open: ALK, ANTM, AVYM BA, GD, GM,…