Not much has changed. In fact, we can simply be repetitive with this report. Continue with large caps over small caps. One glance at the Russell 200 versus the DOW, S&P, NASDAQ shows you why. Continue to avoid ENERGY as it goes deeper into correction. Continue to avoid most RETAIL…horror show! Continue to avoid most…
SOURCE: https://www.wsj.com/articles/corporate-insiders-havent-been-this-uninterested-in-buying-stocks-since-ronald-reagan-was-president-1489055409
SOURCE: https://archives.warpradio.com/btr/investorsedge/031018.mp3
Futures up nicely this morning. Markets have been tailing off recently but in minor league fashion as the 21 day has contained any drop. Of course, small caps are a lot worse as the Russell has broken below the 50 day as well as Transports. But until the big guys break, don’t sweat it…just know…
SOURCE: https://archives.warpradio.com/btr/investorsedge/030918.mp3
Market had a chance to sell off today…AND DID NOT! But we are still in what we would call stalling/pullback mode. Of note: COMMODITIES continue to swoon. Oversold oils bounced a little but that’s all. The RUSSELL continues lower underneath he 50 day average. The TRANSPORTS fell below the 50 day average also…not the greatest of…
All roads lead to easy money forever. They think they are heroes. SOURCE: http://www.foxbusiness.com/markets/2017/03/09/european-central-bank-leaves-interest-rates-unchanged.html
A few thoughts and the markets: What’s the big difference between Obamacare and Trumpcare? Oh…you can’t think of something either. We actually don’t blame Trump. The fact is once an entitlement is put in place, it never goes away. The left’s goal was to get the country conditioned that health insurance was another “right” to be…
