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Season just step away from the roulette wheel because if you try to trade around the quarterly reports, you are going to get singed, if not burned after a record day, where the dow gained 27 points hallelujah s p climbed 2 , nasdaq inched up 0. 17 . That was easy earnings season is devastating for traders. No if you want to invest in a stock before reports and buy things if the stock gets hit thats another thing but trading no thanks. I didnt always feel this way. My Old Hedge Fund i used to place heavy bets on what would happen before it happened. I had as much legal information as i could get my hands on and always thought i had an opportunity to make a good call ahead of time but that was before regulation fd when the government leveled the playing field. When i was running you could meet with execs with small Interest Groups other people didnt want access or privy to tha ....
Lets take a look across assets. We can look at the bond market as well as currencies. The bank of japan decides not to change anything with their stimulus. The euro is also strengthening against the pound. The 10 year yield is falling by one basis point. The sell off is continuing in the german bund market. David lets see if there is newse outside the Business World. Mma the white house is taking a victory lap after Congress Passed a landmark tax reform bill. Sident trump thomas promise that u. S. Companys would stop relocating overseas in the bill that the Corporate Tax rate from 35 to 21 . Taxof americans believe the bill was written to help the wealthy. When ale were injured van was driven into people. They described the driver as an all trout an Australian Citiz ....
Will be in trouble. Im talking about the housing goose and frankly on days like today where the dow dropped and the nasdaq sink 6. 4 . Its one of the few sectors working, in fact, it saved the day from being a fullfree fire zone. Fir, understand that once again, we are back in international purgatory, the house of pain. That is when happens when the Chinese Markets are down and others are weak, and commodities are soft and the dollar is upper freaking strong. When you have this combination its almost impossible for the market to rally. Theres too Many Companies that do poorly. Think about it, for starters this is china. And we have to talk about it. Have read how china has not impacted our market so why does it matter now . That is a stupid question. Sure the stocks themselves are not that important. A lot of the individual companies are important. Because they tend to be fi ....
Nasdaq declining. I think that will tackle a major trend thats shaping this economy, maybe the major trend at this moment. Our time, our schedule, it has been disrupted and we simply arent doing what we used to do anymore. The problem is that our habits are changing so fast, so quickly, unbelievable that businesses cant keep up, and these radical reorganizations of what we do and where we go and what were occupying ourself with are playing havoc with the stocks we focus on regardless of what President Trump has to say tonight in the big speech. Usually its not all that stark. We cant spot it because we have so many data points and examining so much information all at once, its a vortex. Today, though, we got the most violent contrast i have ever seen. Im not kidding, in one day. Im talking about the perfect storm of dominos versus target. What does a pizza delivery chain have to do with a mass market merchandiser . In this case, ....