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Happy Sunday and for those that observe Happy Easter or Happy Passover It is going to be a very busy week for earnings next week as we have some of the biggest companies reporting from a wide range of industries. (Aerospace defense, Tech, Social Media, Fintech, Big oil , airlines, consumer staples, Industrial, Telecom Etc..) Technically there are some concerns for me about where the indexes..
Read MoreHappy Sunday Earnings season kicks off once again and this could be a defining moment for the markets as many of the talking heads on wall street are calling for an earnings recession. If that turns out to be true we could see a substantial pullback in equities as we have some overbought conditions in nearly every sector of the markets. However, if the earnings and guidance come in better than expected the markets could rip to knew highs. If the ladder..
Read MoreHappy Sunday Technically the markets continue to impress as we are approaching potential new all time highs. It seems like most people (including myself) were anticipating some sort of pull back after the huge bounce we had. That has kept a lot of people on the sidelines and under invested. This could lead to money
Read MoreHappy Sunday Markets and sectors continue to consolidate in choppy action. The action was fairly impressive for the bulls considering how the markets had closed on the previous Friday. Brexit, and a China trade deal are events that are lingering around and could move markets if there is some significant news. Economic data like retail sales, ISM manufacturing and non..
Read MoreHappy Sunday What will drive the markets next week? The inverted yield curve, the Mueller report, The Apple event, China trade deal rumors? Nobody knows which one will impact the markets or which direction they will go with 100 percent certainty. All we can do is watch the price action and ...
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