Trump: A Top Call or Just Another Signpost Along the Way?

He is so insecure that he is actually pumping the Dow, yet he’s mum on Tech, Transports, Semiconductors, Materials and especially… Healthcare? The president of the United States of America has nothing better to do than take to Twitter and pump himself up on these 30 stocks? Okay, so Apple has not buckled under Trump’s fairy story about re-sourcing cheap labor to the US, and … Continue reading Trump: A Top Call or Just Another Signpost Along the Way?

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NFTRH; Market Update

Observances on a mid-summer dog day… Trump trumpeted Dow 22,000 in a tweet yesterday and that can’t be good karma. The Dow and its 30 stocks is the “stock Market”? This while more and more sectors diverge negatively, from tech to transports and, it seems, more and more stocks, large and small get hammered on earnings (Apple is today’s darling, where in the recent past … Continue reading NFTRH; Market Update

Healthcare Breaking Down; Esp. Medical Devices

The Healthcare sector, under pains of congressional follies in trying to hammer out anything in revision to Obamacare, is not responding well. Since our last look, XLV has maintained its state below the trend line as it looks to test the SMA 50, IHI has broken through the SMA 50, lateral support and the trend channel and IBB continues to drop toward the SMA 50 … Continue reading Healthcare Breaking Down; Esp. Medical Devices