PRE MARKET AND THREE CARD MONTE

Futures flat. We love flat. We love a lot of days doing nothing as it sets things up better.

We are in earnings season. Earnings are ok…nothing special but we are getting a rate cut at the end of month. The dolts let us know again yesterday.

ASML another SEMI name with terrible numbers…gaps up $12 this morning. Go figure.

FINANCIALS reporting. Numbers ok…stocks are not really moving much.

TRANSPORTS strong again yesterday on crappy JBHT numbers but also stronger AIRLINES. AIRLINES showing good patterns. CSX will not help the cause this morning, down $5 on their crappy numbers.

Pay little attention to the numb skulls on both sides of the aisle calling each other racist. It is all a game of 3 card monte trying to take your eye off of the fact that both parties are again going to raise OUR debt ceiling as we head into the abyss of gargantuan government, massive debt and massive deficits enabled by a sick, twisted central bank business not only here but around the globe. Remember, you can critique opinion…you cannot argue with hard numbers.