No additions this morning. TOL,CHS,AEO,WSM gapping up. Futures down off of yesterday’s negative reversal. As I said last night, maybe we get some pulling in here. Would just cool the jets. GLD and SLV up a little. I do not have a big conviction on them…though SLV looks to be stronger. …
Thinking market hit resistance today…and sellers showed up. Gotta believe we get some pulling in here…but not entirely sure. Holding off here to see if one occurs. Will update service holdings in the morning.
The euro is gapping up out of a tight handle this morning. DO NOT PAY ANY ATTENTION TO THE NEWS. Because all the reporting is negative on Europe…but the Euro is saying something different. Or maybe it is the weak dollar. In any case, I think you can buy GLD and SLV off the gap…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/082018.mp3 JUST LETTING YOU KNOW Apple…An Amazing Story Apple (AAPL) reported earnings recently and they missed estimates by a huge margin, and lowered by a huge margin. The stock gapped down on that, but didn’t go down any further and then went up another 17 today to 665 – a new closing high. Apple…
Glad now I backed off FRAN as it reversed down. Will let you know. Not going to add anything tonight but thinking S&P high will be taken out. I am seeing better action in financials and commods not pulling back…so on next good day for them, market will go through. I suspect we…
[email_link] Updated 8:55 p.m. — A Republican Senate nominee found himself in hot water on Sunday for suggesting that instances of “legitimate rape” rarely results in pregnancy. Rep. Todd Akin, a Republican who’s locked in a hard-fought campaign in Missouri to unseat Democratic Sen. Claire McCaskill, was answering a question regarding his position on abortion rights…
[email_link] The FBI probed a late-night swim in the Sea of Galilee that involved drinking, numerous GOP freshmen lawmakers, top leadership staff — and one nude member of Congress, according to more than a dozen sources, including eyewitnesses. During a fact-finding congressional trip to the Holy Land last summer, Rep. Kevin Yoder (R-Kan.) took off his clothes and jumped…
[email_link] …and believe taxpayers are mean and uncaring. Idiots! Read this: There is something to be said for universal health care systems. When my son developed a rash on an Italian vacation in Liguria last month, the pharmacist showed me to the doctor downstairs, who diagnosed the problem at no charge and sent me off…
Idiots in Europe wont shut up this morning…buying bonds…buying bonds…buying bonds. Duh. We all know they are going to follow in Bernanke’s footsteps…now shut up. Futures are flat…AAPL is up $2 as they are jumping over each other because of IPHONE 5. I should have played and do not have an excuse not to…
AMGN-Sitting tight in handle…may find spot to probe soon….but it is extended. AAPL- Moves out off of the tight daily bars. AMZN- Sitting in a tight handle…just above $240. ALXN- Pulled back into the 50 day Friday. BIIB- Pulls nice and tight towards 50 day. CRUS-Edges above flag-like pattern. EQIX- Starting to move out but…
