It is being over looked. Bernie sanders, looking like a paper tiger. With a small loss hes now buried alive. Now we are hearing about how Hillary Clinton has locked audiotape huge number of super delegates and it could be impossible for sanders to win. Where did that come from . I have been saying when we get clarity in the president ial race its good for the stock market. Since the media likes a horse race, be careful. When the map turns to sanders in a month. Maybe the press will declare hes come back from the dead. Knocking out sanders, if hes knocked out, as every piece of journalism i saw this weekend post nevada suggested allows hillary to go back to a moderate which is friendly to wall street and happy to take wall streets money. On the republican side the immediate is trying to keep marco rubio alive. I expect trump to go after marco day he announced for president. Now you have a pro business republican versus a pro business democrat. Maybe thats why the market is strong now. T
Double that, the s p futures suggested that the market would rally up a full percent. It is lock step. In the second positive factor, second factors crept into the market and well talk about it though its political. It is being over looked. Bernie sanders, looking like a paper tiger. With a small loss hes now buried alive. Now we are hearing about how Hillary Clinton has locked audiotape huge number of super delegates and it could be impossible for sanders to win. Where did that come from . I have been saying when we get clarity in the president ial race its good for the stock market. Since the media likes a horse race, be careful. When the map turns to sanders in a month. Maybe the press will declare hes come back from the dead. Knocking out sanders, if hes knocked out, as every piece of journalism i saw this weekend hillary to go back to a moderate which is friendly to wall street and happy to take wall streets money. On the republican side the immediate is trying to keep marco rubio
Easy. But you can be paralyzed with fear, because oil comes down or Interest Rates are coming down, bank stocks are going down sell sell sell. Or we can collectively roll up our sleeves and find out what high quality stocks are on sale simply because theyre caught up in the marketwide selloff. Today paid off after initially getting obliterated, the averages rebounded nicely, to close down 255 points, the nasdaq inching down just 0. 39 . First lets get the negative going on. Whats really ailing the market is that all stocks trade together off of news that shouldnt produce such an homogenized output. The negative goes like this something is ailing the europe banks. So are European Banks stocks ranked to go down . Why not . Theyre acting hideously. It could be because they have more oil loans than we dont know about, or maybe just theyre going down because theyre going down, the industry is collectively lying to us. They have all the huge exposure to European Banks. In other words, people
Written off as a loser . Remember ten days ago when the world was falling apart and the pressure was on to sell everything . We have been unwinding that panic for days including todays rally. S p climbing 1. 54 . Nasdaq gaining. What happened to make everyone go from negative to positive practically overnight . Primary catalyst is the strength in oil. As long as oil hangs in there, roars higher there wont be big defaults in the oil patch, just small ones. We saw it today. The run on crude is incredible. Crude, crude everywhere and not a drop to be able to you cant find storage. You can always tell this kind of thing that oil is in control by looking at how the s p 500 futures trade before the stock market opens. The socalled overnights. Last night with oil up 75 cents the futures looked like they would take stocks up a half percent. Double that, the s p futures suggested that the market would rally up a full percent. It is lock step. In the second positive factor, second factors crept
So are European Banks stocks ranked to go down . Why not . Theyre acting hideously. It could be because they have more oil loans than we dont know about, or maybe just theyre going down because theyre going down, the industry is collectively lying to us. They have all the huge exposure to European Banks. In other words, people are worried that theres systemic risk, that havent yet happened again, and for the report might not happen at all again, but we have tore scared out of our wits, because thats what we did in 2011 and decided to sell everything, because the market went count 19 . There, thats the scenario. Plus oil is going down. We have Oil Executives chattering about how well have to put crude in swimming pools, Storage Space left. I thought it was a funny comment. But the oil futures guy realize its dangerous to own oil. The market bounced somewhat when once again we heard press reports i could have said lies but that there might be an emergency opec meeting. Thats after crude