PRE MARKET

Futures down this morning but not much. A few notes:

GOLD/SILVER look like they have found support off the recent pullback. Would love to see some time put in at or near these levels.

BONDS bottomed recently after some corrective work. Lower yields on the long end have not been received well by the market…so far.

Before Friday, there were 2 churning days, especially in the NASDAQ. Friday added some decent distribution. Watching the all-important SOX as 3 times into the highs still not getting through the highs.

Growth leadership…what growth leadership? Growth aint happening right now as money flows continue to find value plays.

ROKU…when you have a chance, take a look at the feast and famine chart. Lesson: always have stops in place…and the biggest drops do often come from the biggest leaders.