Momentum Monday – Those Darn Sunday Tweets From Fat Nixon

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.

….

Last week I asked if we were too complacent and mentioned I was selling some shares and panicking early.

Today we are going to open a few percent lower because Fat Nixon felt like Sunday was a good time to tweet about raising tariffs on China.

This morning we will see how hungry we are for stocks.

Last night, Ivanhoff and I toured the markets for our regular Momentum Monday. Watch or listen right here.

The markets will likely shake off this tweet like it has every other, we just don’t know when.

Going into the weekend, stocks were looking strong.

Another good roundup I read this weekend was from Urban and his ‘Fat Pitch’. A little geekier than our Momentum Monday but a lot of good charts and stats.

Have a great week.