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Good morning Equities are taking a breather this morning in premarket the dollar is basically flat with gold slightly lower and oil up slightly. Today's Economic Calendar 8:30 Initial Jobless Claims 8:30 Personal Income and Outlays 10:30 EIA Natural Gas Inventory 4:30 PM Money Supply 4:30 PM Fed Balance Sheet
Read MoreGood morning I am trying something different with the pre market prep. Below is a link to the charts for the stocks on my radar....
Read MoreGood morning China Trade tariffs kick in while 2 days of talks begin, Jackson hole economic forum starts today with the Fed speaking tomorrow, political uncertainty is prevalent after legal woes for two former Trump advisers and yet equities continue to hold up well. The dollar may have found some support after pulling for 5 days and is up slightly in premarket while equities are basically flat. Gold and Oil are both slightly lower which could be related to the dollar finding support.
Read MoreGood morning Markets hitting all time highs as we await the Fed minutes with no rate hike expected. Political tensions and uncertainty over the Trump administration are weighing on equities slightly in..
Read MoreGood morning Hopes of tensions easing between the us and China over trade is giving equities a lift. After a nice rally yesterday we are seeing some follow through today. Dollar is showing a bit of weakness off of trade fears easing while gold and oil are both up slightly in premarket.
Read MoreGood morning I have to go meet someone this morning I will not be in the chat for the open. I will be in as soon as I can. Here is the Join me link for the live session. https://join.me/377-387-676 Equities are seeing some pressure in premarket the dollar broke out over resistance and it is up in premarket. That could put pressure on the big multinationals and industrials. Gold and oil are both slightly lower in premarket. Equities selling pressure is picking up in premarket keep an eye on TVIX UVXY TZA
Read MoreGood morning Equities are getting a little bounce in premarket off strong Home Depot earnings and reduced fears over Turkey. The dollar, gold and oil are also up slightly in premarket.
Read MoreGood morning The IWM SPY and NASDAQ are all on the cusp of testing all time highs. Earnings have overcome the "trade war" fears as equities continue to grind higher. In premarket equities just went slightly red while gold and oil are also both in the red as well.
Read MoreGood morning Equities and indexes continue to grind higher off what is coming in as a strong earnings season all time highs could be tested in both the S&P and Tech. There is some breadth to the amount of sectors and stocks that are participating in the strength which is a good sign. Gold and oil are both higher in premarket as the dollar is slightly lower.
Read MoreGood morning Equities are lower in premarket as trade war fears seem to be the issue that continues to weigh on the markets. Gold and oil are also slightly lower. It has been a choppy market and as long as the clouds of the trade war continue the markets are likely going to be stuck in a range. Do not chase! Always have a plan! Know your risk reward! Know your time frame! (scalp, day trade, swing, long term hold) Be patient!
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