Tone deaf or right on pitch?

Is the market “tone deaf” and just not hearing warning signs and continuing to put in new highs when the participants should be being more cautious?  Or, is it “right on pitch” and listening to the correct inputs? You can make a case either way.  I focus on trading the reality of the market and…

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How Lowe can it go?

I spelled low “Lowe” since Lowe’s is reporting earnings this week and that is likely to be a bit of a bellwether for market sentiment. Earnings season is winding down and Lowe’s is one of the biggest, most important companies left to report.  They will release earnings before the open on Wednesday, 5/24/17 and expectations…

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C’était étrange (That was weird)

What was weird? The overnight market open was a little weird. I gave the French spelling of it, because of course, this is a reaction to the French Presidential election. The first weird thing is that this is the first major election in recent memory that the polls got right. Remember Brexit and the US…

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