A related story that ALSO reflects the stupidity of the current passive-aggressive FED to even consider a rate cut. US manufacturing output barely rises in May https://finance.yahoo.com/news/us-manufacturing-output-barely-rises-140716093.html
I dont see much of anything that is a negative to the markets today. It is basically the same day as yesterday when we had good gains. I believe there is very good potential for a nice day today....once we get past the opening skittishness...profit taking....and market consolidation and acceptance of all time highs.
I am starting the day today with EVERY stock in the RED. I have nowhere to go from here but UP. In the above statement I am discounting the potential for the losses to snowball. The short term is CRAZY.
I have now improved to five stocks UP and four stocks DOWN. I have not looked at my account yet so I have no idea of how I am doing in terms of.....MONEY. Here are my red stocks......AAPL, MSFT, PLTR, and HD. I am still hoping for good things today in the markets. NOTHING is really going on although the media is HAMMERING away at the Iran conflict today and doing some fear-mongering of the USA getting involved. I dont particularly care one way or another. If Iran wants to be a religious based state and continue....I have no problem with that....it is their business....as long as they can stop being terrorist state. On the other hand....it would be nice to see the Persian people control their own fate....with a clean start......and I believe......a good shot at being a BIG economic and cultural and social power in a new Middle East.
