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Good morning Equities and oil are up in premarket with gold and the dollar basically flat. The energy sector could continue to power higher however I am concerned the trade has become too obvious within the investment community. This does not mean we can't or won't power...
Read MoreGood morning Equities are slightly lower this morning with gold and oil also struggling while the dollar is up slightly. Keep an eye on the solar sector if oil continues to climb and be on the lookout for that decision out of California to include solar on future new homes being built. The decision will be announced this week and could provide a catalyst for the space. Oil and energy could
Read MoreGood morning Equities are flat to slightly lower in pre market as the dollar takes a little pause after what some could consider as a dovish Fed statement yesterday. Today we have the US and China meeting on trade and there may be some market reaction as we get tidbits of information about how those negotiations are progressing. Gold is sitting at the...
Read MoreGood morning Equities are down slightly in pre market as the markets continue to chop around. Gold is gapping lower, oil is down slightly and the dollar is continuing its grind higher amid expectations of upcoming rate hikes, the dollar has broken into positive....
Read MoreGood morning Equities are up slightly once again this morning after good earnings out of FB last night and we have some more big names reporting after the close today. It will be very interesting to see how we close out this week. The SPY is trying to hold onto the 200 day moving average and several other indexes and sectors are also nearing areas of potential support. If strong earnings aren't enough of a catalyst ...
Read MoreGood morning Strong earnings from GOOG, UTX, CAT, LMT and LLY are giving equities a little lift this morning. Lets see if we can hold onto theses gains after the markets open. Gold and oil....
Read MorePRE MARKET PREP Equities are vacillating in premarket with the dollar up slightly while gold and oil are down slightly. It's 420 day and GWPH had a favorable FDA adcom panel decision yesterday so there could be some action in the cannabis space. Oil and energy could be under some pressure after a tweet from Trump to OPEC suggesting oil prices are artificially inflated. There are still some caution flags out there for the bulls as we test short term trend lines and moving average potential support and resistance. We have seen some choppy action this week and ..
Read More“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
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