Trump Rally Is Overdone

Carl Icahn says to dial back on stocks: http://www.marketwatch.com/story/carl-icahn-says-dial-back-on-stocks-as-trump-rally-looks-overdone-2016-11-17 Yellen and Fed may hike rates soon: http://www.marketwatch.com/story/yellen-says-fed-may-hike-interest-rates-relatively-soon-2016-11-17 Ray Dalio says fixed income on the brink of a “shakeup.” http://ibankcoin.com/option_addict/2016/11/16/dalio-speaks-out-on-bond-bulls-getting-harambed/ SMH Story of the Morning: http://money.cnn.com/2016/11/16/news/companies/pepsi-fake-news-boycott-trump/index.html

Biotechnology ETF $XBI and Market Sentiment

Years ago after switching from a fundamental approach to buying and selling stocks to a technical approach…

Wednesday Morning Reads

Divergence between the $GS Financial Conditions Index and the S&P.

Freeport $FCX to $20 and Beyond?

Charts of $FCX seem to suggest the producer of gold, silver and copper will continue to $20 and beyond.

Tuesday Morning Reads

The Trump trade is shaking markets around the globe.

Welcome to Omaha Charts!

At last check there were roughly 17,500 financial blogs on the internet plus or minus 500.

Is It Time To Get Long(er) The Resorts and Casinos?

One of the industries that I start to keep my eye on this time of year are the resorts and casinos.