No issues with overall market as it remains teflon. Poor consumer confidence numbers…crappy numbers in Europe…doesn’t matter as the Fed prints $3 billion/day…and that is not even mentioning Europe and Asia printing. I promise you one thing…EVENTUALLY, MAJOR INDICES WILL REVERT BACK TO THE NORM…WHICH IS A PULLBACK INTO THE 50 DAY AVERAGE. This can…
Continued SOURCE: http://weaselzippers.us
Sen. Chuck Schumer, D-N.Y., said the U.S. Senate will only fulfill it’s legal obligation to pass a budget if the budget, which has not been passed since 2009, includes new tax increases. “We need a budget,” Schumer conceded on Meet the Press. “It’s a great opportunity to get us some more revenues to help in…
Did You Miss Today’s Show? No Problem, Listen To The Full Show Now! Listen To Today’s Show Few Highlights From Today’s Show: Gary Tells You How To Listen To The Market and Filter Out The Noise: Small & Mid cap stocks are at new all-time highs and the benchmark S&P 500 closed at a new 5-year high….
A few things… MA down because of COF and AXP…as well as downgrade of V. Didn’t see downgrade of MA. Will probably use 21 day avg around 510 as stop below. FDX…sell…take the profit. Extended stock.
I could not have done this interview without screaming! Congresswoman Jan Schakowsky (D., Ill.) said past Democratic opposition to raising the debt ceiling was “not real” and “symbolic” Thursday afternoon on FNC: JAN SCHAKOWSKY: And you know – this debt ceiling issue is just crazy. I stand with the Koch brothers right now – NEIL…
Did You Miss Today’s Show? No Problem, Listen To The Full Show Now! Listen To Today’s Show Few Highlights From Today’s Show: Is The Market Forecasting A Better Economy Or Is It Just Money Printing?: This is a very important topic because what happens when Central Banks around the world stop printing money? Market Wrap & Sector…
Stocks that either broke out to highs or through resistance today were: AMAT,ASML,FITB,HRB,HBAN,ITW,IR,JBHT,KLAC,LRCX,LOW,MDT,PHM,TYC,TSN. Not thrilled with this list as some financials and cyclicals doing the trick here. I didn’t even want to put FDX on service but this is what is working. I am not sure service will play these but will be…
Futures up half percent as some economic numbers looked pretty decent. Again, economy growing yet fed still printing. Could get higher prices…time will tell. Major indices will open above resistance of past couple weeks…let’s hope it sticks. Again, add to LNKD if it moves above that near term resistance…but tricky stock. CF…
AAPL went up another $10 after my note to you…but really dont have great precedent on how to play and found out the bump was because of someone’s calling of a bottom on CNBC. I gather it can rally into declining 50 day but earnings soon. FDX working. CRM a little problem today but…
