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Equities are up slightly along with gold and oil with the dollar down just a tad. Trade fears will continue to be something for the market to focus on as the G7 summit approaches Canada is set to vote on and potentially approve the pathway for recreational cannabis. If approved legal sales of the whacky weed could begin as early as 10 to 12 weeks from now. Several cannabis
Read MoreGood morning Equities are up slightly in in pre-market with the NASDAQ setting new all time highs. The petroleum status numbers are out today which could impact oil and energy names. The black bubbly is trading flat in premarket. Monthly trade numbers come out today which could give us an indication of whether or not all the trade war talk and tension is actually having an...
Read MoreGood morning Equities are getting some follow through in premarket from yesterdays rise taking the IWM and Nasdaq to all time highs. Biotech struggled even with what seemed like a lot of positive news in the space. Gold and oil are down slightly in pre market while the dollar is up just slightly.
Read MoreGood morning Equities are basically flat in premarket as the dollar and oil are down just slightly. Gold is up just a tad as breaking news of the Trump administration imposing steel and aluminum tariffs just hit the wire. Keep an eye on...
Read MoreGood morning Equities are getting a smack down off of some political unrest over in Italy. I am not smart enough to understand what is going on and what all the potential ramifications could be but apparently it is concerning enough to impact the markets at the moment. The dollar continues to climb while gold and oil are both slightly lower.
Read MoreGood morning I can only hope that I will not have the same issues as yesterday with my computer. China trade war concerns continue to weigh on the markets with rumors of new tariff threats from President Trump and this time its on imported cars The fed minutes were fairly dovish yesterday giving the impression that they will not be overly aggressive in raising rates even if inflation exceeds
Read MoreEquities are pulling back in pre market as we await the fed minutes later today. China trade war concerns have resurfaced and the possibility that the Summit may not happen between President Trump and N Korea. The dollar is up in premarket along with gold while oil is pulling back slightly heading into the petroleum status numbers @ 10:30 ET. Rum..
Read MoreGood morning Equities are down slightly in pre market while oil is grinding towards 80 dollars a barrel, brent crude just passed 80 earlier this morning. Bond yields also continue to rise, breaking over 3.1 percent as fears of strengthening inflation indicators will lead to a more hawkish fed increasing speculation of 3 more rate hikes this year. The dollar continues to show strength while gold is down slightly in pre market. Technically we continue to consolidate and I found it interesting that Morgan Stanley's Chief equity strategist is suggesting
Read MoreGood morning There may not be an agreement on NAFTA this week, oil is holding over 70 a barrel, North Korea is threatening to cancel the upcoming summit and all of these things could impact..
Read MoreGood morning HD missed earnings but gave decent guidance however it is pulling back in pre market and it carries a heavy DOW weighting which is also down in premarket. We had a failed breakout of the IWM yesterday as it tried to clear the 160 area but could not get any follow through. Energy remains a strong sector and looks like it may continue as oil continues to grind higher. Casino strength could continue from yesterdays announcement on sports betting from SCOTUS allowing states to decide whether on not to make it legal and allow it in their state.
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