PRE MARKET NOTES
Futures are down a wee bit off of yesterday’s weakness. Pullbacks are way overdue as we have not seen a 2% drawdown since before the election. Of course, does not mean we ever get one again…bazinga.
COSTCO whacked on numbers. Recently, they reported great comps. But the real numbers show weakness.
SNAPCHAT pulled back at the close. Just be careful and pick your poison. By any measure, its valuation is a joke.
Yawn.. Why do I even show up .. ?
The market is up and holding on Trump.
The market is sideways and holding on Yellen.
Yellen won’t say anything today, so the market will remain sideways until the fed,,,, 2 weeks !
Q:Will the fed ?
Q:Won’t the fed ?
A: Dunno, who cares….
If the fed does not,….. the market will rally on low interest rates.
If the fed does, …..the market will pull back,, then rally,,,,,, on low interest rates.
Yawn, I’d go to the local Jewish cemetery and kick down the tombstones, but I already kicked them all down.
Never got caught….
My two indicators, were screaming pull back !
The market didn’t.
Now they are screaming rally, and the market won’t…
Ok, well back to my clam sandwich, and glass of milk…
Maybe I will go next door, and kick my neighbor’s dog…