Before Friday, I would have been saying we are experiencing nothing more than a light volume,seasonal strength move off of very oversold conditions as well as very bearish sentiment conditions. I thought the bounce/rally would be somewhat short-term…but I think the action looks to be better. I know Friday was half day and light volume…
JUST ANOTHER A–CLOWN IN WASHINGTON! THIS MAN WAS THERE FOR ALL $16 TRILLION IN DEBT. HEY THANKS BARNEY! I GUESS WE ASKED FOR TOO MUCH! “People themselves are internally gridlocked,” Frank replied. “We hear from people cut the deficit, expand Medicare. We get a very inconsistent set of messages from them. So no, I don’t…
Rahm Emanuel was part of the overseers of $6 tillion in new debt. One of the overseers in adding almost $1 trillion/year in government spending. Overseer of Obamacare where the cost has already doubled. Overseer in saying that the stimulus spending would take care of infrastructure…but NOW we need to take care of infrastructure. All of…
Dallas star Larry Hagman has died at the age of 81. The actor, who was famed for playing JR Ewing on the hit show, died at a Dallas hospital on Friday after complications with his recent battle with throat cancer. He is survived by wife Maj, who he married in 1952. In 2008, Maj was…
Former senior aides to Mitt Romney have hit back at the ‘craven hypocrites’ in the Republican party who just days before the election were clamoring for jobs in a Romney administration and are now belittling him. ‘I’m sure Governor Romney is finding out now who his real friends are,’ a former adviser told MailOnline. ‘There were one…
https://archives.warpradio.com/btr/InvestorsEdge/112318.mp3 JUST LETTING YOU KNOW I hope you all had a Happy Thanksgiving. Now I have to tell you that I’ve never gone shopping on Black Friday. I never will. I have never lined up to go shopping. I’ve seen people lining up two days in advance. I don’t know. I’ve been rich, I’ve been…
I think you can go ahead and probe GLD and SLV here…with stops under today’s lows. Euro is soaring and turning up…which means dollar is turning down. Also…this is really important for the market. I believe the market is not just bouncing but turning up here. More over the weekend.
Market gapping up a little this morning. So…after very oversold conditions last Friday, we got a reversal…a big gap Monday and a drift up on light, holiday conditions volume. Market not on a follow through day but I am impressed with the territory covered in the past week…and next week gets us into end of…
Happy Thanksgiving to all. Tomorrow is a half day but Europe up nicely today so our futures will be up tomorrow. This week is normally a strong week…but with markets way oversold coming in, a good bounce has occurred. I do believe it is A good low. Notice the word A…not THE. The jury…
https://archives.warpradio.com/btr/InvestorsEdge/112118.mp3 JUST LETTING YOU KNOW The market really didn’t do anything yesterday, but here’s the good news. Very simply, the low we just saw is a good low for now. What does that meant to me? Weeks. And I would not be surprised if we continue bouncing a little higher into the end of the…
