Before today: It was a 60-40 market with 60% of the market in good shape while 40% (retail, energy,autos…) was in bad shape. This is a piss poor number for indices that keep going higher but indices have been acting well nevertheless. In the past 3 weeks, we have seen a ton of earnings blow-ups….
Futures are down again as all the talk moves to North Korea. The media continues to put out the mantra that it is Trump who is the threat and not Kim Jung Un. I do not know what happened here. I know they don’t like him. I know he has antagonized them but that goes…
SOURCE: https://archives.warpradio.com/btr/investorsedge/080918.mp3
“NORTH KOREA AND THE GENIUSES!” By Gary Kaltbaum- August 9, 2017 Disclaimer: Expect a couple of expletives. Could not help it. Serenity now! Disclaimer: I continue to give Donald Trump about a 3-4 out of 10. I do not like his lack of presidential acumen. I do not like the many “untruths!” I do not like…
NDX futures down a big 50…S&P down much less percentage-wise…50… North Korea front and center…more on that in another report. Markets moved down on North Korea yesterday. We think that’s part of today but also…lots more blow-ups. DIS on blah numbers…and ESPN issues. And personally, tired of turning on ESPN and not seeing highlights but…
SOURCE: https://archives.warpradio.com/btr/investorsedge/080818.mp3
Good semis day yesterday. Good beta day yesterday. Semis are meaningful to our work as they lead up and lead down. You can see the SOX/SMH holding the 50 day. Now we can see if it breaks out again. China ADRs en fuego yesterday. Many report this week. Not thrilled that they ran in front…
SOURCE: https://archives.warpradio.com/btr/investorsedge/080718.mp3
Those that follow our psychopathic ways know how important the semiconductors are to our work as they really do lead markets. Just go take a gander going back a couple of decades. In recent weeks, the semis had been weak. The June 9th ugly topped them out. The July 5th action started a low. Just…
Quiet morning with a little bump to the upside in NDX as names like AAPL, AMAZN with a small move. Since you asked: AAPL gapped up. So far, just sitting. It is sitting right near the old highs from May. This is the 2nd decent sized gap in this name in the past 6 months….
