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Insiders Club - 11.7.2014 Bookmark

11.7.2014

Good morning all, we've made it to Friday, and certainly not a day too soon. But we have so much to chat about that it feels like a Wednesday.

First off, yesterday....

Yes the DOW and the S&P pushed higher and it looked impressive. They moved higher on the day than I thought they would, no doubt. But the issue I have with it is that we're getting narrower and narrower. A lower volume day with tight breadth of just above even is not conducive to a breakout. So it looked decidedly better than the internals suggest.

EBOLA, What's Wrong With This Picture? Bookmark

What’s Wrong With This Ebola Picture?

Everything. And that will be the topic of today’s article.

Pull up a chair and lets chat folks. I’ve been meaning to chat about this for a week now, but of course life gets in the way. We have so many issues to talk about that one has to pick and chose topics carefully, so that it is significant to the most amount of people at the time. Well, this Ebola thing is pretty significant.

Now before I go off on my rant, I think I’d better check my sanity with a dipstick, just to make sure I haven’t become infested with the conspiracy virus.  Okay, that looks good, I don’t think I’ve become a brainwashed conspiracy nut. Yet what I’m going to talk about will plant me firmly in that camp for a lot of you.  All I ask is that you keep an open mind, because from where I sit, something stinks like 10 day fish.

Insiders Club - 10.3.2014 Bookmark

10.3.2014


Are we ready for this?  That's right folks, it's jobs day, an event that comes once a month and often turns into something of a circus. Let me explain...

The economic cheerleaders like Zandi have been telling us how wonderful the economy is for about 5 years now. Last month they were talking in whispers about the US job market adding almost 300K jobs for the previous month. When the number hit, it didn't even make 150K, and of those, the BLS injected 102K via the "Birth/Death" model. Jobs that really don't exist.

So, until that hits, let's talk about a few other things....

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