Weekend notes!

Travel hell notes. Weather had our 2 hour flight turn into diverting airports and 8 hours later…but kudos to them for keeping us safe.

Tons of earnings this week. Pay attention.

6 weeks of ridiculously tight action. Major indices have not moved 2% up or down during that time. Since things are so tight, the next big day or two either way…wins. Dow above 20,000 good…Dow below 19,718 bad. S&P above 2282 good…S&P below 2254 and more importantly 2233 bad. Duh!

Financials testing 50 day moving average on this pullback. Pullback is normal so far. It was quite due.

Transports also sitting right above 50 day average and trying to move up off of it.

Gold and gold stocks continue to perk a bit as they are back above the 50 day.

Watching oil ETFs here as they sit along 50 day moving average. A lot of underlying names sitting tight. Will need a big breakout in prices in order to get next move up.

Watching Trump…for obvious reasons. Consistency please!