Futures were down until the fake job’s number came out…nothing fabulous but a little better than expected though they revised last month down. The unemployment rate is now supposedly down to 7.7%. But that’s the news…market has rallied about a half percent as I write this giving major indices the chance to move above…
https://archives.warpradio.com/btr/InvestorsEdge/120618.mp3 JUST LETTING YOU KNOW I’m very careful about every word I say on my radio show. So I did a dissertation yesterday on how great big stocks that have done so well – top out. That’s all I did. I went through the psychology. I went through the fear and greed. I went through…
The market has been churning in a narrow range the past few days with neither sellers nor buyers able to move the needle…but it will move…and probably tomorrow with the fake job’s report. My guess is a near term upside move…but it is only a guess. It is based on europe breaking into new highs,…
…don’t believe me? Just watch! Continued SOURCE: http://www.realclearpolitics.com
Sorry…just got to office. AAPL down another $10 affecting NDX…amazing to watch in real time. Otherwise, futures down a wee bit and just sitting. Any attempted breakouts have failed…add TR and DSW to that list. LULU gaps down $3 on earnings…now up $3 on earnings…make up your mind.
There is a reason I am playing light…market sucks…and breakouts are failing en masse. So why play? If I had a dollar for every email asking me why not buy QIHU off its breakout…you get the hint. As of this second, QIHU right back down…same for SSYS,DDD and anything else that tries to stick its…
https://archives.warpradio.com/btr/InvestorsEdge/120518.mp3 JUST LETTING YOU KNOW You know, I use this line on my radio show when we watch markets, “jello moving on the plate.” That’s line I use very often on my show. And basically that means, “all over the map.” Things moving this way. Things moving that way. Good. Bad. And I use the…
Continued SOURCE: http://www.dailymail.co.uk
Now that student loans are undeniably in bubble territory, the officialdom is starting to wake up and take notice. Evidence that students were taking on so much debt as a group that it was undermining their ability to be Good American Consumers wasn’t enough. A recent New York Fed study found that 94% of recent…
And it is only 1230 pm. Market was getting in big big trouble…at a little bit past 11 am, Obama announces republicans are going to cave on raising rates and a deal could get done within a week. Obama also saying he would look at entitlements. Since, dow up 150 points. Lots…
