Mike Rob Witschge, DOW, Nvidia discussed on Investor's Edge

Automatic TRANSCRIPT

Cold commending you don't feel better vo and once again to invest edge thanks for being with us today all right other areas in the market today us semiconductors with down finished up nicely nvidia some announcement up three mike rob witschge just reported earnings recently up another dollar today so another decent day for the semis and to be blunt semis and financials semis and financials continue to watch them as leadership of the market they up not wavered the financials got in trouble held major supports and soon as yields on the long and started rallying yields up the financial started moving up on top of that recently the transports that were relatively weak have had a good one two three four five weeks some attributed the hurricanes who knows just let you know the small caps which are week as all heck on a relative basis still overall but they even gone to new highs as a lot of small banks are involved in the small cap indices the industrials that's the xl ally and whatever names are underneath broke out at sixty nine and a half seventy one eighty so they're getting good recently i told you look like the airlines with turning up united airlines made some comments today up three bucks other airlines up decently today so it is spreading out a little bit this still forty percent of the market that's really on the crappy side forty percent of the market still on the crappy side so she's stick with the sixty maybe a little bit better than sixty right now we've been telling you the sector's now we head into earning season bunch of financials are going to be reporting this week a ton next week and the week after i am very interested in sink with overbought little frothy too much bullish conditions used the word extend that also how things react to numbers every day we will be reporting to you names moves reactions numbers guidance especially on the leaders the dow thirty transports and any of the leading group that is out there your job do what we do yes it you'll lie in the weeds you hang out you wait for the.

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