Blog
“The big money is not in the buying and selling. But in the waiting.” Charlie Munger Good morning Equities are down slightly in premarket pausing at potential resistance after our recent run up. Gold and copper are down slightly as oil is up slightly.
Read MoreGood morning Equities are up slightly in premarket with the dollar flat while gold and oil are both gapping a bit. Energy remains a sector to keep a close eye on.
Read MoreGood morning Equities are gapping and following through with yesterdays strength in premarket after strong earnings and guidance from NFLX after the close. Gold is pulling back while the dollar and oil and oil are both up slightly. We will be testing the 50 day ma for several sectors and indexes today and if we can mange to close back above that level it would be a good sign for the bulls but that doesn't mean we will have the all clear. We need to hold over the 50
Read MoreTake a look at last weeks stocks to watch list and their performance. if you would have taken 100 shares of WRD you would have already paid for nearly 2 years of your annual membership 1000 shares of AXAS would have produced the same result. If you would have taken any of the top seven stocks with just a small position you would have gotten your investment in our membership back.
Read MoreGood morning We are looking at another green open as we await earnings from the likes of JP Morgan, Citi and Wells Fargo. Financial stocks will be in focus today and likely will set the tone for the trading day as we start another earnings season. Technically the markets are holding up fairly well even with all the drama lately. We have geopolitical concerns, a somewhat hawkish Fed raising interest rates, a potential "Constitutional Crisis" and yet the markets have..
Read More
