Tuesday Boring Market Woke After Close

• Around 5pm on Tuesday the AT&T purchase of Time Warner was ruled on by the court and allowed to proceed. This drove the stock of Time Warner up and AT&T down. Any company that is considered a take over target shot up in the after hour trading session on Tuesday. Netflix was seen as receiving increased competition and went down in the after hour session also. 
• Fox is the next merger target for Disney and Comcast. Disney had an offer for Fox, but Comcast has a higher all cash offer. Those stocks should rally the next couple of days.
• Home Depot continued its run higher and so did my favorite solar company SunRun.
• Tesla ran up big only to change courses to go lower around 1pm to the end of the day with news on lay off of salaried management team. This should be positive as they are restructuring to save money and when that have not made a profit, it only makes sense. Tesla still ended the day where it started which was up 10 for the day.
• Other than that, it was a boring day waiting for Tuesday's Federal Reserve Board announcement.

Monday Ups and Downs in the Market

• With so much news happening this week, the market is going to react. With optimism for President Trump meeting with North Korea's President Kim drove the markets up some on Monday.
• Tesla opened up, took a mid day breather and went higher. Tesla will continue to go up for the rest of this month despite any negative news that doesn't have to do with production. CEO Elon Musk says they will produce 5000 vehicles in the last week of June. This production figure was promised multiple times for the past year and a half. If they don't meet it this time, Tesla will plummet in July.
• Alphabet (GOOGL) jumped up after 10am to hit 1048, but gave half of its gains back after 2pm. I have noticed that Alphabet would go up for a week and down for a week in the first half of the year. Recently in the past couple of weeks those changes have happened more rapidly in less than a week. Last week Alphabet completed a 5 day run mid day on Tuesday and went down for the remainder of Tuesday through Friday morning around 10:45am. Since Friday morning it has gone up.
• Boeing has tread water moving between 369 and 374. When it dips, there is an opportunity to buy Call Options and be out within a couple of hours with nice gains.
• Home Depot continued to go up on Monday. It was a focus of CNBC's Option Action on Friday with expectation of breaking out to a new high by the end of July. At it's current pace that will happen by the end of the week, but I would expect a pull back before then. Right now it has broken 200 and doesn't appear that it will trade below 200 again.
• AT&T's purchase of Time Warner will be ruled by the court around 4pm this afternoon. We won't get a market reaction until Wednesday. This is a big deal for Disney, Comcast and Fox as the Fox sale competition increases.