Markets beyond overbought. Markets beyond stretched and extended. Retail investors plowing in at numbers haven’t ever seen. Valuations upper end of historical levels. Sentiment off

FUTURES ARE UP! DUH! Watch INTEL (INTC) as it gaps open on a base on base breakaway gap. SEMIS have been under pressure as LRCX

Everything you say, everything you do is watched over and regulated. No lessons being learned. SOURCE: http://reason.com/blog/2018/01/25/california-bill-would-criminalize-restau

The ECB…amazingly AMAZINGLY, left rates the same…a negative .4%. And you want to know why markets do not pull back.  That’s a NEGATIVE .4%.

Very strong open and on earnings. CAT up $5 Dow name. MMM up $6 on numbers. BIIB up $11 on numbers…breakaway gap. LRCX up $9

SOURCE: http://www.washingtonexaminer.com/starbucks-cites-tax-reform-as-reason-for-raises-expanded-benefits-thousands-of-new-jobs/article/2646923

SOURCE: https://www.foxnews.com/opinion/2018/01/22/nfl-rejects-veterans-groups-ad-urging-people-to-stand-for-anthem.html