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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (4713)4/3/2017 9:15:59 PM
From: robert b furman  Respond to of 26723
 
Looks like C wave down started today.

Down into next week Wednesday ?

Big ABC done and up into new earnings.

Look at chip sales up in March - earnings will be solid.

House building permits up.

Car sales hanging at 17 million SAAR.

January and February are lousy car sales months historically, wait till the summer!

All spells reflation and it looks like a globally synchronized event.

Oil patch on recovery in the USA.

Rates go up a bit again this year -what's not to like?

Bob



To: Kirk © who wrote (4713)4/6/2017 12:26:18 PM
From: The Ox  Read Replies (1) | Respond to of 26723
 
There's the wedge developing on that SPX chart.... We could easily see those last 2 gaps closed, IMO....but that's not a sure thing, to say the least.