The tech sector has been the victim of the recent "on again, off again" rotation. That may really just mean that the group has been victimized by its own success.
I believe the weakness in this economy and the stock market stems from a lack of trade deals worldwide.
With WMT's U.S. dominance, these are the two big waves of momentum it needs to ride to revalue shares in the long term.
The soft drink and snack food behemoth managed to overcome the adverse effects of foreign currency translations. .
In Trump's view the tariffs force the Chinese to pay our government money and therefore it is a win win.
President Trump uses economic leverage instead of infantry divisions to defend U.S. interests, and Advanced Micro Devices regains lost ground.
Our brewing Cold War over regional and global spheres of influence with China, has forced some merger activity across the aerospace and defense industry.
As of now, the schedule of tariffs on Mexico that would begin at 5% this Monday has not changed.
Either something on trade or interest rates is going to be the next catalyst to drive this market.
As Jim Cramer noted,'Nothing is worse than fluid.' That's just how Five Below sees the trade situation.