Market Analysis From Beyond The Chart – 7/6/2015

July 7, 2015 0 Comments

My friend Joe at JoeHentges.net released a new video on the current state of the stock market. He had this to say –

Nothing resolved in Europe except for the fact that the Greek people overwhelmingly voted “No” to living with austerity measures proposed by lenders.  Markets are still on edge.

Greece is a small country but there is a lot of debt. Who, is exposed to what, is the big concern. And of course there are several other countries in similar straights.

And then there’s China. I’ll check in on them on Wednesday.

In tonight’s video I look at today’s market action and then look at Apple (AAP), Caterpillar (CAT), Intel (INTC) and Gilead Sciences (GILD). I exited the GILD trade idea today for 117% profit in 6 days. Details on the Trade Ideas page.

All of his videos are a must watch and I am glad that he allows me to post them.

 

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