Great month for small caps #RUT MTD +6%

US equites are not cheap vs. EU or key Asian sectors, on the other hand small caps had a great month. The question is, why? FANGs stocks are likely to push higher forcing short sellers to purchase back taking the indexes to new levels as they did today at the close. Money Flow North America

#Gold at nine-month hight after N. Korea missile test

From last night close, the percentage of stocks trading above their 200 day simple moving average is above the 50% mark. Given over night action from North Korea, the more weakness is expected. These conditions indicate weakness and most of the times corrections are expected. From the picture below, you can see that from 714

TECH TIME $FANG Stocks moving

Once again, divergence in Nasdaq and SP500 NDX above 0.5% and  SP500 Negative SOME FANG STOCKS

Strong Macro Data but $SPX and $NDX lower (Option Expiration)

Sp500 and Nasdaq are negative again after the drop overnight in Asian markets and new political events in the US. The new economic data is morning was positive which helped to reduce the pressure on the market. At this time the indexes are negative today. Tomorrow, we have option expiration. Weekly Jobless Claims came at

WORLD FINANCIAL MARKETS TO INCREASE CORRELATION

The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. Data from Reuters The United States will send a delegation led by White House

#Russia warns of serious consequences from U.S. strike in Syria

Russia warned that U.S. cruise missile strikes on a Syrian air base could have “extremely serious” consequences, as President Donald Trump’s first major foray into a foreign conflict opened up a rift between Moscow and Washington. Live: https://www.reuters.com/article/us-mideast-crisis-syria-idUSKBN1782S0 Article: https://www.bloomberg.com/politics/articles/2017-04-07/tomahawk-launches-practiced-by-u-s-before-trump-gave-go-ahead Video: https://www.theguardian.com/world/live/2017/apr/07/us-syria-response-donald-trump-assad-pentagon-live   Early this morning Stocks: none in the long-term. DJIA futures fell over