How about that Europe!

We will have a regular weekly market report, a report taking issue with the many articles on the Fed and the impending raising of rates, Mark Cuban’s thoughts on a bubble and probably throw in one of our “just wondering” reports on the weekend. You can tell football season is over.

Have you seen the Dax? Have you seen the CAC? Have you seen the FTSE? Have you seen the Euro. The Euro crashes and those markets skyrocket.  All of this because of the decision by the ECB to print a trillion or two. It remains amazing that the decision of one man can manipulate their stock markets up and their currencies down. We would have thought that there would be a point where markets ignore moves by people who caused the problems in the first place…but as of now…nothing doing. So the equity bubble continues.

To be brief…mostly a sitting week with a pullback off of Monday’s highs. With the sitting, there was fireworks in the land of biotech as PCYC gets bought and in sympathy, others get juiced. Besides that, a lot of sitting.

Keep in mind, nothing has changed with what is not working. We have successfully alerted you to stay away from a myriad of areas that remain bearish including energy,oil &gas, gaming and others. If anything changes, we will let you know.