A.M. Look 2/7/17

If the market is not reacting to the latest tweet from Trump,
it’s now reacting to Fed members statements as Harker talks up 3 rate hikes this year

in a speech last night.

If we’ve learned anything it’s we don’t wish to chase dollar movement on these kinds of statements.

GBP/USD…is at a must hold level. I’m of the opinion that you’re better off trading
individual equity names than getting involved with the currencies.
I’m looking to buy AMD on a pull back to 12.
SMH...has been going sideways for a couple of weeks.
I’ll spend a little time looking under the hood at the individual names that make up
this ETF after the opening today for opportunity.
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