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Lots are saying that tomorrow seems pretty perilous. Former fbi director james comey testifying in front of the senate and based on his just released Opening Statements its not going to be pretty for the white house. We got the British National election where is the labor Party Looks Like it might have a chance of winning. Something that could send the british stock market and the pound plummeting and major European Central bank meeting in astonia where the economic expansion might merit the end of massive monetary stimulus. To the hand ringers will be out in full force. I bet the same people ...

About comeygeddon you may think its about being comey toast but on this show we only care about washington insofar as it can help to try to make you money. Its important not to miss the forest for the trees. The dow averaging up nine points. Nasdaq advancing 9. 3 . I think the story is much less about director comey versus President Trump than it is about two stops. Invidia versus nordstrom i know. Only i could boil down a constitutional crisis into two stocks. Thats all right. Theyre jumping. I can do it. As riveting as the comey testimony was, for me, it means only one thing, forget about wa...

Rig count at 1 00 p. M. Eastern time. Our road map begins with a big set back for Prime Minister may. Yesterdays snap election ending in the Hung Parliament. What does it mean for the looming brexit talks . Plus, stock futures are pointing to new records as investors shake off that political turmoil in the uk and back here in washington, d. C. And complete vindication, thats the take away from the president on the testimony by comey but the reality may be a bit murkier. Well talk about that. But first, the uk is the lead. Mays conservative party lost the majority after the election. Resulting ...

Could sends them back. Well tell you on the profit. We start tonight in the financials, while tech stocks took it on the kin today the banks actually surged. The xlf rallying 2 the best week since early december. This as bank of america, wells fargo, j. P. Morgan and citigroup are up 2 or more. Coming on the heels of a doddfrank roll back. Is a pank trade on tractor should you save this mover . Dan. Well, i think fade it. Listen, you mentioned the two events. Theyre well known. We know that the fed is going to raise 25 basis points next week. What happened to the 210 spread . It didnt move thi...

Most vicious rotations i have ever seen. It brought some of the rocket ships screaming back to earth. With the dow advancing 85 points, the s p declined. 08 . The nasdaq plunged 1. 8 . Thats just a recovery from even lower levels. Were starting to see that buy f b its a breather, people, it had to happen eventually, you just cant have stocks go up day after day after day on nothing new. Which is exactly what was happening on the supertech stocks. Yesterday afternoon we started to see the money rotating into the down and outer stocks. And then the buying, the template for high growth, but it wa...