PRE MARKET

Good reversals yesterday. NASDAQ/NDX/GROWTH led all day. Watch that new high list to see if it expands.

Major indices sitting tight in here. Just needs a move out of range.

OILS/ENERGY indeed pulling in. We thought it was about ready.  This area got too popular and too extended.

Ten year yield back below 3% as we write this. As we have stated, not as worried about rates as others. We are still 1.5% fed funds with Europe and Japan still negative and printing.

BITCOIN continues to slowly implode. Amazed how many continue to market an ASSet that had a gargantuan climactic run and is now down 60+ percent from the highs. Other coins much worse with many of those “questionable” stocks no longer trading.