Newsletter

Yesterday…yuck…we would be watching: The SEMIS…more than half the names we follow now trade below resistance and showing not so thrilling patterns. The SOX remains above the 50 day. There is a direct correlation between the SEMIS and the market. Friday, 6/9 continues to weigh on our mind…as we asked the question that day…”changing of…

SOURCE: https://moneyish.com/ish/5-facts-that-prove-americans-dont-know-anything-about-managing-money/

SOURCE: https://www.usatoday.com/story/travel/nation-now/2017/06/19/its-so-hot-phoenix-they-cant-fly-planes/410766001/

Futures down a wee bit. Yesterday, the all-important NDX/NASDAQ held the 10 week/50 day. The Dow and S&P, which never blinked while TECH was being hit, moved higher again. We wish we could complain but can’t. But continue to stay away from the bearish areas we have been telling you about, particularly ENERGY, BIG RETAIL,…

SOURCE: https://www.geek.com/tech/400-burger-per-hour-robot-will-put-teenagers-out-of-work-1703546/

Another terror attack in London. Terror attacks in Nigeria. Terror attacks in Mali. Continued investigations on Trump. 24/7 shreeding of Trump by the media. The Mets are injured. The Knicks stink. But…the market hits new highs and most importantly, THE NASDAQ/NDX hold the 50 day/10 week moving averages on a gap like a trooper. This…