Whilst not all indexes settled net higher, the SPX printed a new hist’ high of 6100, with a daily gain of +37pts (0.6%) to 6086.
sp’weekly1b
Summary
SPX: we’re half way through the short week, currently net higher by +89pts (1.5%). Weekly momentum remains on track to turn positive as of Feb’3rd. Upper bollinger is offering 6156.
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Looking ahead
Thursday will see Weekly jobs, EIA Pet’ & Natgas
Earnings: $GE $AAL $HBAN $FCX $TCBI $ELV $ALK $UNP $BANC $TXN $ISRG $CSX $SRCE $BFST $FFBC $MCB $SBFG $EWBC $ASB
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Final note
Ms. Cambone with guest Dowd.
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Consumer defaults are a valid concern.
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Mr Long is always good
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Along with Soy Macron, Herr Starmer of the UK is blood thirsty, and is still considering sending troops to fight Russia. I wonder if Trump would call to say ‘No, don’t do that’, and if yes… would the English rabid dog obey?
Key stock: LMT
If there is one sector that appears straight forward, its Defence.
Lockheed Martin remains my prime.
Computer has a pretty bullish target of $590, as looks realistic by late summer.
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I believe Trump does care, but he can’t say it, for fear of upsetting the Israeli lobby.
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More furious… with each week!
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OMG, I’ve just four episodes left !
Goodnight from London