Daily Market Intelligence 12-9-20
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It’s Friday in a Bull market in Equities. Plungers; I quote Clint Eastwood ” Do you feel lucky?” Poorly run infrastructure name like FLR is looking up. Investors picked up beaten up names yesterday on the break. The less you … Continue reading
Internet names led early with PSX & CVX in the Oil patch. WMT,CVS,HD were bought on yield plays. NVDA & NXPI KSU & FLR, the two names that bottomed first, are still extending to the upside. The game is … Continue reading
30 Yr. Bonds are running the show. Healthcare started to pick up along with retail early. Honeywell shows a descent low. Transports trapped the shorts. FLR will need a close over 17.15 to confirm higher. I exited the bulk of … Continue reading
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