PRE MARKET AND EARNINGS
Earnings season continues.
BA will be front and center today, a name that has led the DOW for a long time. It is down $14…about 80 or so DOW points.
Yesterday was weird. While the Dow moved higher, growth names turned south, with some slammed. With the Dow up almost 200, the RUSSELL was down over 1%, mid-caps not much better…and the a/d more than 2-1 negative on the NASDAQ. A/D on the NYSE was also to the negative.
AUTOS also hit this morning as market does not like FCAU and GM numbers.
Want to make note that the prez now bails out farmers because of the tariffs the prez has put in place. I am vehemently against these tariffs…but if they can move the needle, I will applaud the prez. So far, no one is laying down. Hopefully that changes.