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The Morning Look

ByGary Kaltbaum
1 Comment

Market Update:

Stock futures are flat before Wednesday’s open as the Dow closed just below 20k yesterday.

Gary’s Thoughts: Up a smidge…very close. 20,000…yippee.

Economic Calendar:

  • Bank Reserve Settlement
  • MBA Mortgage Applications 7:00 AM ET
  • Existing Home Sales 10:00 AM ET
  •  EIA Petroleum Status Report 10:30 AM ET

Highlights:

  • VW Reaches Deal for Emissions-Cheating Audi, Porsche Models
    Gary’s Thoughts: VW baaaaaad!
  • Dow notches 17th record close since US election, ends within 50 points of 20,000
    Gary’s Thoughts: Trump Trump Trump!

One Comment

  1. The interaction between my two secret indicators tell me the following :

    The market is stuck at the top.
    We could creep higher, butt,, the bias of the market here ( short term ) is pull back.

    Any pull back here, will be very…. muted….

    Day trades only, get out before the close.

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