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Good morning The State of the union had a positive tone last night without any big surprises. Sectors that could be impacted on the negative side are the Pharma and biotech space with the talk
Read MoreGood morning Equities are up slightly in premarket with the cannabis sector leading the way. The sector is getting a bit extended so be careful and very selective if you are looking to get involved.
Read MoreGood morning Unfortunately I have a batch of personal stuff going on that I need to take care of over the next week or so. I will open up the live chat for anyone that wants to be in it but I will be out after 9 am my time. I am sorry about the inconvenience folks. Things will hopefully be back to normal in the latter part of next week. We had another batch of earnings from UTX , TXN, and PG that seem to be giving the markets a lift. The government shutdown continues to linger on as the senate is scheduled to vote on two
Read MoreGood morning Equities took a pause yesterday and this morning we are gapping slightly off of positive earnings from IBM. Oil and gold are both up slightly in premarket. Keep an eye on ..
Read MoreGood morning NFLX reports after the close today and could have an impact on equities as we close out the week heading into a holiday weekend. Equities in many sectors are consolidating at potential resistance areas and the price action is pretty choppy with the exception of some low float
Read MoreGood morning The government is still closed with no signs of anything getting resolved soon. Regardless the markets are holding up fairly well at this area of potential resistance. An extended government shutdown period, Brexit, China and signs of slowing global growth are threats that are very real and could eventually drag the market back down. The focus right now
Read Moreood morning Equities were higher this morning until JPM earnings hit. Equities stalled a bit yesterday and we are in an area where a lot of people believe this level will act as significant resistance and may lead to retest of the recent lows in December. It would make sense for that to be the case and it clearly looks like it could happen
Read MoreGood morning Equities are lower in premarket as they approach potential resistance levels from concerns over a slowing China and the government shutdown that seems to be at an impasse. After being up 4 days in a row
Read MoreGood morning Equities are looking like they could have a 4th day in a row of upward momentum. While I have doubts that we will have a V shaped move back to all time highs but we have to acknowledge that anything is possible. Remember that markets have a tendency
Read MoreGood morning It is all quiet on the trade front but that could change in the next day or two. Even though talks are going on between China and the US there have not been any news leaks from either side on how those talks..
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