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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: catou1 who wrote (28634)	6/28/2018 9:30:22 AM
From: robert b furman	Read Replies (1) \| Respond to of 41663

Hi Cat, Sure it could. If it does - its either the end of the world or one of the best buying op we'll see this year. One thing that the market has going for it is continued rotation. Look at energy stocks - they have been doing well. Should be more than supportive to the S&P compsite earnings going up big vs a year ago. KMI - gas/oil pipelines and there is a pipeline bottle neck getting oil and gas out of the Permian, ESV and RIG ultra deep water drilling. There is a demand story that is not even being looked at. Remember how the market went down when the 10 year rates popped up to 3.08 - now it is at 2.90 - 2.87. Rate sensitive stocks are recovering REIT's, Telco's, utilities.Banks and their stress tests come out today. It is a week or two before earnings come out and the noise is very predictable. This market will turn on a dime as the shorts become confident and double down. As cheif has always said Cwave gets em every time. futures are down big this A.M. - it time to do what ur spozed to do! imo Bob