PRE MARKET
Another morning where market has no memory from the day before as futures smacked this morning…but there continues to be some consistent action.
CHINA again smacked this morning. Emerging markets smacked…this has been going on a while and would continue to avoid.
On the other side, a select list of growth stocks continue to be way ahead of everything else. Not sure this is saying much but they definitely stick out.
In the middle is our markets…some indices near the highs, others not so strong.
Just a tougher back and forth market right now.
Would continue to go a little slower…but let’s hope our market never starts to look like FXI, EEM, EFA, RSX, EWZ, EWJ and others. (check out those charts)
CGC…a marijuana company is up 50% as STZ investing $4 billion in the company. Quite amazing.