Newsletter

More central bank nonsense!

We waited to write this because we knew Draghi was going to yap this morning. He did not let anyone down as he now telegraphs

Earnings time!

We will stay quiet this morning except to say WATCH THEM EARNINGS. CMG down $55 but BIIB up $18. It is earnings roulette….which means sit

So far…no selling!

Intraday selloffs only to be bought up…indices closing on the highs…crappy earnings being bought. SO FAR, this is what we have been seeing off the

Watch the dollar!

While the markets are driving people up the wall and with the Jell-O moving all over the plate there a couple of things that are

Resistance!

Many areas of the market encountered resistance yesterday…and sold down.  Regardless, while there ism some leadership, there is not a lot.  There are hardly any