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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (19468)6/27/2017 11:57:10 AM
From: John Pitera2 Recommendations

Recommended By
roguedolphin
The Ox

   of 33421
 
The US Markets should have a push up and window dressing into the end of the week which is the end of the
Quarter, a good time for window dressing, stocks that have been down a lot like Kroger and the retailers that,
have been hit hard will probably be washed out of managed portfolio's .

We also have positive seasonality with July 4th week end coming already.

As well as companies in overcrowded spaces such as the auto parts companies. such as AZO, AAP, ORLY
continue in there bear markets.

Message 31065445

(OX's timely mention of the auto parts companies on April 10th) which we had been speaking of over the past 2 years.

Message 31065484

( my comment on let a stock you are trying to short get fully distributed and broken..... This really applies
to folks trying to short TSLA and other stocks with a real high short sale ratio)

--------------------

Draghi in Euro-land was talking of tapering his very easy monetary policy, "He commented that the threat of Deflation is gone"... a huge change from a 12 months ago.

and that has had very positive effects on the EURO and bund yields went quite significantly. Euro-land has benefited from a prolonged period of a lower Euro over the from 28 months until the start of the 2017.

And global hacking goes on.... what companies, governments etc are prepared with back up systems.

bloomberg.com

John
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