RADIO SHOW 7/11
SOURCE: https://archives.warpradio.com/btr/investorsedge/071118.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/071118.mp3
What’s to stop people from leaving? Keep it up Seattle! It’s never enough for these bureaucratic boobs! SOURCE: http://www.seattletimes.com/seattle-news/politics/seattle-council-to-vote-today-on-income-tax-on-the-wealthy/
Yesterday, beta day with big-cap leading way. AMAZON (AMZN) back above the 50 day as it is Amazon Prime day. Yippee… Also, good day for many Chinese ADR’s moving off the 50 day like TAL, JD, EDU and others. Other notes: SNAP now below IPO price and hit harder this morning. As we stated on…
Fool me once… SOURCE: http://www.reuters.com/article/us-usa-politics-healthcare-idUSKBN19V0YP?il=0
SOURCE: https://www.washingtonpost.com/world/things-are-so-bad-in-venezuela-that-people-are-rationing-toothpaste/2017/07/07/a11fb782-6197-11e7-80a2-8c226031ac3f_story.html?utm_term=.92ac7c03466b
Futures pretty much flat with a few beta names getting the usual target raises whenever they are not acting as well as the analysts want. Yes…shenanigans. Other than that: Earnings this week: Tuesday- FAST, OMC, PEP Wednesday- CSX Thursday- DAL, TSM…airlines act well. Lower oil not hurting. Friday- Financials start up with C, JPM, PNC, WFC….
The tape remains split. We have taken pains to tell you what to avoid. You know the areas and you know the names. For a change, we will ignore the bad today and just write about what’s still working, what’s looking to work and anything else in shape. The new high list is laden with…
SOURCE: https://archives.warpradio.com/btr/investorsedge/070718.mp3
At this juncture, the SEMIS are the most important group to watch. As they go, beta goes. SEMIS are very strong today. You can see the 1020 breakout and support has held for now. If it continues to hold, we give very little chance for the “market” to further break down. That does not mean…