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[b][color=teal][size=5]After 7 straight days of GAIN in down, we are up again about 100 points
Maybe we need to BUY in MAY and Go away 8)[/size][/color]P.S. I believe A3 might be vacationing or possibly rebooted after the patch Tuesday Windows 10 update – LOL 😉 and his great analysis could get added to thread later … This is to get our start weekly thread out there to follow key market developments 8)[/b]
Seems everyone is long long oil and everyone calling for a market crash lately – where all the bulls except over at barons of course.
Thank you CI for updating yes maybe some holidaying going on up north in the Tundra with all the hockey playoffs, the Blue Jays and the Raptors 🙂
[i][color=purple][b]Have your 25K HATS ready in the not too distant future 😉
Praying every day that “we keep America great again: 😉 🙂P.S. Special prayers sent for FLOTUS – who entered hospital
She is the next “Jackie Kennedy” & very intelligent as she speaks 5 languages
Like me, #45 married ABOVE his PAY GRADE 😉 :lol:[/b][/color][/i][size=6][b][color=limegreen][b]Dow Jones 24,899.41 +68.24 (0.27%)
S&P 500 2,730.13 +2.41 (0.088%)
Nasdaq 7,411.32 +8.43 (0.11%)
Russell 2000 1,600.34 −6.45 (0.40%)[/b][/color][/b][/size][color=purple][b]and may God grant peace in the mid-east & all of world 🙂
As as I am reading good book thru this year — the ancient scriptures clearly say Jerusalem was the ancient capital 000s of years ago … but do wish very best outcome & compromise & peace by all sides ….
LOL – another Trump tower[/color] emerges in the land of “milk & honey” — shalom 8) 8)[/b”>
Futures sliding today as US 10-year yields near best levels since 2011 sending US Dollar higher
Treasury yields higher after a slightly stronger-than-expected retail sales report. 10-years up 4 basis points to 3.0447%. The January 3, 2014 high was 3.0516% seems too close not to go.
[color=red][b]PPPPPLLLLUUUNNNGGGEEE
MINUS 220 — AS GOETH THE 10 YEAR – SO GOETH EQUITIES (but reciprocally)
GREENSPAN “TELL ME WHAT THE 10YR IS DOING & I WILL TELL YOU WHAT STOCKS WILL DO”[/b][/color]
[size=5][color=red][b]MAY 15th finish — a small bit of PROFIT TAKINGDow Jones 24,706.41 −193.00 (0.78%)
S&P 500 2,707.63 −22.50 (0.82%)
Nasdaq 7,351.63 −59.69 (0.81%)
Russell 2000 1,599.68 −0.66 (0.041%)[/b][/color][/size]US April industrial production +0.7% vs +0.6% expected
Prior +0.5% (revised to +0.7%)Manufacturing production +0.5% vs +0.5% expected, Prior manufacturing production +0.1%
Capacity utilization 78.0% vs 78.4% expected, Prior capacity utilization 78.0%[size=5][color=green][b]Dow Jones 24,768.93 +62.52 (0.25%)
S&P 500 2,722.46 +11.01 (0.41%)
Nasdaq 7,398.30 +46.67 (0.63%)
Russell 2000 1,616.37 +16.03 (1.00%)[/b][/color][/size]The yields pullback and same pattern the shorts flinch – seeing so many calling of the end of the world, huge bear market etc
RUSSELL 2000 = ALL TIME HIGH 🙂
[color=purple][i]Rita Coolidge – All time high 1983
All I wanted was a sweet distraction for an hour or two,
Had no intention to do the things we’ve done.
Funny how it always goes with love, when you don’t look, you find –
But then we’re two of a kind, we move as one.We’re an all time high, we’ll change all that’s gone before.
Doing so much more than falling in love.
On an all time high, we’ll take on the world and wait.
So hold on tight, let the flight begin.I don’t want to waste a waking moment, I don’t want to sleep.
I’m in so strong and so deep, and so are you.
In my time I’ve said these words before, but now I realize
My heart was telling me lies, for you they’re true.We’re an all time high, we’ll change all that’s gone before.
Doing so much more than falling in love.
On an all time high, we’ll take on the world and wait.
So hold on tight, let the flight begin.So hold on tight, let the flight begin.
We’re an all time high.[/i][/color][color=teal][size=5][b]Dow Jones 24,713.98 −54.95 (0.22%)
S&P 500 2,720.13 −2.33 (0.086%)
Nasdaq 7,382.47 −15.82 (0.21%)
Russell 2000 1,625.29 +8.92 (0.55%)
[/b][/size][/color][color=purple][b]TGIF – as we wind down for the weekend … Equities are somewhat flat today
P.S. prayers sent for Sante Fe HS in Houston, were 8 are affirmed to have lost lives in HS shooting today & set explosives as well 🙁 … there are no easy answers — other than just like airline flights, all schools must be made safer gradually over time (metal detectors, strong locked doors, hired security officer, etc).
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