[email_link] https://archives.warpradio.com/btr/InvestorsEdge/090618.mp3 JUST LETTING YOU KNOW When I woke up this morning, the Wall Street Journal headline was: Europe Outlook Dims As Bank Meets. Downturn Deepened Over Summer Complicating Choice For European Central Bank Officials. We have under 2% growth here in the U.S. The unemployment rate is in the 8% range. There will be…
Service stocks kicking in gear. KORS really looks like it has serious. Let’s hope. Cup and handle breakouts for s&p and nasdaq and ndx. Others just behind. If you are an etf buyer, you can buy them. Also, financials moved above resistance. before doing anything else, will wait for fake job’s number to…
[email_link] New York Giants fans will cheer on their team against the Dallas Cowboys at tonight’s National Football League opener in New Jersey. At tax time, they’ll help pay for the opponents’ $1.2 billion home field in Texas. That’s because the 80,000-seat Cowboys Stadium was built partly using tax-free borrowing by the City of Arlington. The resulting subsidy comes out…
[email_link] This past weekend, I wrote to you that the market was set up in a bullish pattern…and all the market would need to do is to go topside. That move looks to be occurring. Keep in mind, there is no rule that says a breakout to new highs won’t fail. It is just important…
Futures up decently as Draghi announcing blah blah blah print money…print money. I have a few thoughts: I expect the fake job’s number to be even faker this week and next month as we head into the election. Yes…I am a cynic and rightfully so. Somehow, we will get two good numbers entering…
No additions tonight. I am in camp there is a Bernanke put right now as the market awaits more QE. He had better not disappoint. LNKD comes onto the radar after todays action but every time it moves out, it tucks back in. Maybe this time. Even with market hanging in here,…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/090518.mp3 JUST LETTING YOU KNOW Now guess what we’re waiting on? Last week in Jackson Hole, Wyoming the Fed was going to be announcing the printing of money and they kinda said, they’re going to print money, but they’re not sure when. So they left you hanging. So next week, there is a Fed…
ECB announces unlimited bond buying. Must have gone to a Bernanke seminar. Futures flattish. I am holding off this morning…for no apparent reason…but a few names shoved out from extended handles…and will look to play on weakness. Also…some housing names starting to edge out…so expect a couple of those. Loved the russell…
Two light volume names on the leaders list did move out of their tight ranges…SWI and HAIN. I will advise in the a.m. on them. The good news is TSCO and REGN kept popping today…so all good. Small caps far outdid the large caps and that is good news potentially.
[email_link] Making these kinds of decisions with our taxpayer dollars for a murderer. What next? A man convicted of coldly strangling his wife and leaving her body in a Massachusetts parking lot will be the first inmate in the nation to receive sexual reassignment surgery paid for by the state, a federal judge ruled today. …
