Not much to write about today. The biggest news is that the NFL might review its “take a knee” policy and that as you know would overshadow any economic news. I did find headlines about the Chinese government taking an “active” role in the big Chinese internet companies and I am thinking long term that cannot be good. BABA and BIDU were both done a bit after torrid runs. My story for today is WMT because it broke the 3 day rule I just wrote about and what the heck I own it too.
The NFP number was pretty good by most accounts. If we did not have the Euro issues, one would almost think the USA was getting back in the swing. Lower deficits, low rates with job and wage growth is looking pretty good right now. The problem is almost too good.