RADIO SHOW 9/25
SOURCE: https://archives.warpradio.com/btr/investorsedge/092518.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/092518.mp3
This weekend, we told you something was up with big cap tech/internet and all that stuff. Some of the major players were acting suspicious. Suspicious just turned into some serious selling, at least for those favored/glamour areas. As we write this: The NDX easily sliced through the 50 day average that we outlined for you…
Dow futures down a wee bit but NDX futures down decently. To get more specific: AMZN remains on defense trading below the 50 day average after disappointing Wall Street. A break below $936 makes things worse. AAPL remains on defense as worries over the new I-PHONE continue. The stock broke the 50 day on heavy…
Still, nothing in the way of even a 3% correction. Major indices, for the most part, remain in good shape. The DOW and S&P”s breakout from early last week remains intact. The NASDAQ and NDX remain in shape but we are now seeing some mega-cap names causing a little bit of lagging here. Names like…
SOURCE: https://archives.warpradio.com/btr/investorsedge/092218.mp3
Quiet! But again, market refuses to budge. Any weakness is sopped up. EASY MONEY RULES! Yellen stating she will roll back QE is laughable. Already said she would reprint if markets fall. Really? VSAR…as this is written, the stock is trading at $3…down $18.60. That is not a typo. Another BIOTECH with no sales with…
SOURCE: https://archives.warpradio.com/btr/investorsedge/092118.mp3
Very quiet early. GOLD/SILVER continue the yonking as DOLLAR strengthens off of Yellen blah blah blah. TRANSPORTS really coming on as RAILS/TRUCKERS and other stuff on the move. Industrial-types also on the move…some say because hurricane…some say just because. More later!
SOURCE: https://archives.warpradio.com/btr/investorsedge/092018.mp3