So as it downpours outside in NY My Hampton's weekend is stalled
this setup is the reverse of what has been happening day in and day out this wek
don't get caught up stay with the macro all my membes should already be positioned and should be ready to lock in profits Sonoma nears 19 I got in in 17.xx sell half minimum
this is a good long term product but not a takeover candidate generate some profits buy again on a dip JCG got up to 35.8 we sold some at 35.5 that is 3 points in one day like an oil trade
it might go up more but that was an earnings play do not lose sight of why we made the trade
now you can buy it on the next dip as its guidance is strong but we must sell exuberance
Oil is overbought but as long as the dollar is weak look for a retest of the high
buy dips do not take offers
Again watch the michigan consumer report it is expected to be strong so if it is not it could kneecap the rally
Tech driven you cannot deny intel's number and guidance -personal spending blah
the michigan is the final piece to the puzzle today
Natural gas is in the tank Danny fizzles out storage over the top
I told you about the put buyers in massive numbers betting we will see 2 in Natty
No one has a crystal ball but someone has big ones with that bet very very scary
I cannot believe with September around the corner we would be talking about 7 year low in natty the new extraction method making it too plentiful-it cannot be stored easily
and drillers are against the wall and apparently drilling despite proclaiming they would stop
crazy-they get fined if they can't store it -the boys in colorado i will bring back the post said it at
4 that wall street has a disconnect and has no idea how bad the natural gas situation has become
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