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Good morning It looks like we may have a positive open in equities with gold and oil both up slightly. Oil and energy could be in play depending on developments out of Vienna with OPEC members final decision for production increases. The ramifications ...
Read More"The most important rule is to play great defense, not great offense. Everyday I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum drawdown. Hopefully, I spend the rest of the day enjoying positions that are going in my direction. If they are going against me, then I have a game plan for getting out". Paul Tudor Jones Good morning This morning equities are gapping lower along with gold and oil while the dollar continues to show strength.
Read MoreGood morning Equities are gapping up in premarket as dollar strength continues while gold and oil are both slightly lower. Canada has legalized cannabis and the speculative cannabis space could be in play. Keep in mind that the valuations on many of the cannabis plays are richly valued already. They may have a low stock price..
Read MoreGood morning Trade war fears are front and center with equities selling off around the globe. Oil is also pulling back in premarket heading into the OPEC meeting and rumors that those talks could be difficult as well. With equities tanking you would think gold would be ripping however
Read MoreHello friends Happy Fathers day to all the great dads out there. I hope you have a fantastic day. The equity markets held up fairly well in the face of trade war fears and another rate hike from the Fed. Recent IPO's continued to be strong momentum plays and we have a big week ahead for new IPO's coming out which are listed below.
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