PRE MARKET

Market was better than DOW down 80 yesterday as TECH again held the bid.

Gapping up this morning as world markets do well overnight on more talk of a trade deal. We will let that stand because we have been hearing that for 18 months.

But price wins out. Major indices move above range. Industrial-types getting a bid and coming up right side and bond yields are backing up a bit.

All this while talk of recession pervades the air. There is no way recession coming if markets are doing what they are doing. Markets are very good at flushing things out.