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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (109988)	8/16/2018 4:43:26 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218469

I hope so even though I'm short the SOXX for now... if I get stopped out of the SOXX then the tech group and my AAPL will continue significantly higher... that AAPL has been one incredible buy although it took me all this week to get all I wanted... And if the SP can close above that key price, then it's off to the races and new all time highs... any day now... GZ

To: da_cheif™ who wrote (109988)	8/16/2018 6:24:30 PM
From: John Pitera	3 Recommendations Recommended By Ericeira Machaon Mevis Respond to of 218469

Hi Don, Pretty darn good analysis... even though NVDA has had a miss tonight that is short term stuff and it's one company and the future for NVDA is very bright... I was watch Tom Keane interview James Sweeney on 08/14/18 and they were showing the charts and the strength of global industrial production James Sweeney is Credit Suisse chief economist & regional cio Americas his comments global industrial production is that It has been running well above its long term average for the past two and half years largely due to strong capex on both sides od the Atlantic.. it has been very strong in the USA, it has recently slowed a bit in Europe but looks set to rebound on. The mix will change a bit where usa will come off a bit but Europe and china will pick up. There has been a mild increase in credit spreads but nothing to serious. the only thing that could derail the continued strong global growth story which would translate into strong stock price growth would be if we were to see the the US FED for some reason need to raise up the short end and invert the yield curve , which is unlikely, or a real big proliferation of the tariff trade war with China ... which neither China nor DJT really want.... DJT wants strong stock prices, the Chinese don't want it either so we should see a work out as Q 3 progresses..... So putting on my Bull horns Cancords's Tony Dwyer...... may just have Santa coming on down the merry Dec flight path with his SPX 3200 SPX target in his Big Bag of Presents...... . might not get up that high but then again why not.... we'll have to keep an eye on the european banks. and we'll let the data and the price action take us to where it will take us. nicely done on your part..... I like it.... I like high stock prices and great growth..... after all we need to KEEP AMERICA GREAT!!!! JOHN