Blog
Good morning Tech may not be wrecked after all. AAPL reported strong numbers and guidance giving the QQQ"s a lift in premarket. TSLA could change that with their earnings after the close but for now it looks like tech is going to have a positive day. The FOMC announcement is out today which could impact equities no rate increase is expected it will be the guidance, language and tone that could move markets. There is conflicting chatter about potential trade
Read MoreGood morning The caution flags remain out as the markets continue to show signs of weakness. Tech is leading the way as earnings misses and concerns of inflated valuations and slowing growth weigh on the sector. AAPL and TSLA both report this week and could add more fuel to that fire if their earnings come in weak.
Read MoreGood morning A huge earnings week comes to an end with GDP numbers on deck. The number could set the tone for the markets with expectations of 4 percent growth and some even calling for a 5 handle. We have not seen that kind of growth in a very long time. How the markets will react could be interesting. A really strong number....
Read MoreGood morning Equities are lower in pre market with the Nasdaq being hit especially hard off of FB missed earnings. The Dow is up off of the announcement from the EU and Trump on trade. The dollar and oil are flat while gold is down slightly.
Read More“There is probably no worse investment strategy than following the conventional wisdom with a time-lag, and that is precisely what many small investors do - often with the encouragement of their advisers.” ― John Kay Good morning Earnings have been coming in strong however trade war concerns and some of the guidance and concerns about the potential trade war ramifications from reporting companies has been overshadowing the positive earnings. Cryptos appear to be taking a breather after a nice run.
Read More“Investing is simple. It’s the financial industry that works hard to make it complex!” ― Robert Rolih Good morning Equities are up in premarket as earnings continue to filter in from some of the biggest names in their respective sectors. Google earnings were strong and will likely benefit the tech sector. Bitcoin is making a move over 8k so the blockchain crypto plays could get some action today.
Read More“The broker said the stock was "poised to move." Silly me, I thought he meant up.” ― Randy Thurman Good morning I am sorry about not getting a video out this weekend but Buddy was priority over everything else and we are still dealing with his condition. The good news is I am seeing signs that he might be getting better. I will likely be in and out all week. We have a huge week ahead for earnings, specifically for tech and biotech but there is a broad range of players reporting from various sectors. This week could set the tone for the markets for the remainder of earnings season.
Read More“When you sell in desperation, you always sell cheap.” ― Peter Lynch, Good morning Equities are basically flat as gold and oil both slide in premarket. The dollar is up slightly and appears to be in consolidation mode a break higher could put more pressure pressure on gold. Bitcoin and crypto currencies are back in vogue at least temporarily and that could be a space to keep a close eye on for short term trading opportunities. Airlines also getting a bounce off of positive UAL earnings.
Read MoreNetflix with a big miss last night could put some pressure on the tech sector and more specifically the FANG stocks which have been leading the indexes higher. Financial stocks caught a bounce yesterday on the heels of BAC earnings and we have Goldman Sachs earnings this morning that could provide more lift for the sector. The spotlight will be on Fed Chair Jerome Powell this morning as he delivers his semi-annual monetary policy testimony on Capitol Hill. Oil and energy took a pause yesterday on talk of increased global supply and a potential slowdown in economic growth.
Read MoreGood morning Equities are up in pre market along with the dollar and oil while gold is just slightly lower. Apparently the trade wart fears are still not enough to derail the market strength. NATO is wrapped up without any significant catastrophe ...
Read More