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4.27.2017 Bookmark


Mornin' all, welcome to a new day. 

While I'm far from being a sports nut, I do enjoy watching NHL hockey during playoff season. Somehow I allowed myself to stay up and watch the second game of the evening, and before I knew it,, it was tomorrow.  Ouch!  So yeah, I'm a little bleary eyed this am. 

4.26.2017 Bookmark


Hello everyone...welcome to a new day. ( And what a strange day it could be....)

Yesterday they turned on the afterburners and put in a second 200 point day. Interestingly, the entire month of April didn't have one incident of back to back gains, and then Monday and Tuesday, we not only got back to back gains... they  were the two biggest up days since the Election almost 6 months ago.

4.25.2017 Bookmark



Before we get rolling on the day's market activity I want to chat a bit about the mining stocks, the GDXJ, and the nightmare mess that's going on there. 

4.24.2017 Bookmark


Good morning everyone, welcome back from your weekend. I hope it was a "ton-O-fun" for you all. Mine wasn't quite as wonderful as I was hoping. What I had in mind was a nice bike ride to the beach, then a good 2 mile stroll along the waters edge, followed by a great ride home. What I actually got however was "orders" to take down curtains, clean ceiling fans, etc.  Ha... !   Of course there were no orders, it was simply time for some spring cleaning. We have been so void of rain in Florida for the last 5 months that we're in a drought, fires are burning all over the state, and the dust is just ridiculous. 5 months of no rain makes for insane dust accumulation. 

4.21.2017 Bookmark


Friday.  How on earth can it be Friday already? I don't know, but it most certainly is. 

So yesterday was "that day".  What day is that, you ask?  How many times have I moaned about the fact that you can't really go short this market, because it feels that at "any time" they'll put on one of those mindless 200 point romps?  I'd say I've mentioned that so many times you're tired of hearing it.  

4.20.2017 Bookmark


Hello everyone, we've made it to Thursday, in what can only be called a wild week. 

NOTE>>>  I've been conned into going with my wife to her office today.  She needs someone to man the phones while her and some employees go to a meeting. I'll still be doing updates as usual, as I will have my laptop with me.  I'm only mentioning it because I'm sending the first update of the day a bit earlier than usual, as we'll be on the highway during the time I normally hit the send button. 

4.19.2017 Bookmark


Hello all, happy Wednesday to you. 

Nothing says chop more than gaining 185 points Monday, then puking up 113 of them on Tuesday.  Monday they were just happy that nothing went boom over the weekend and Tuesday they were sad because the great vampire squid that is Goldman Sachs, didn't steal as much money as they hoped.  After the bell, IBM whiffed and they were trading sharply lower after hours. I think I saw them down 8 bucks or so. 

4.18.2017 Bookmark


Good morning all, welcome to Tuesday. 

Well as you know... Yesterday they came back from the 3 day weekend hell-bent on putting on a show. And, what a show it was.  On the heels of lousy news on Friday, and the constant back and forth between N. Korea and the world... the market decided it was the perfect day to get back all the points we lost back on Thursday. 

4.17.2017 Bookmark


Good morning everyone, welcome back from your Holiday weekend. I truly hope it was spiritually meaningful for you all!  I found it quite refreshing seeing the parking lots of all our local churches full to the brim. Even if they're folks that only come out once a year, it's "something" and something is better than nothing.  With the tensions the world faces, a move towards renewing your faith is never a bad idea.

4.13.2017 Bookmark


Good morning everyone, we've made it to Thursday, which for this week...is the last trading session of the week. 

The market is closed for Good Friday tomorrow and rightfully so. It's a good thing for people to look away from Wall Street and money and reflect on some real priorities of life.

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