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10.24.2017 Bookmark

10.24.2017

Hello everyone, welcome to another day. ( and what a day it might become!)

So yesterday was pause day. After the giant surge Friday, they had to digest the gains and we were flat for the bulk of the session. Heading into the close with the DOW off 55 and the S&P down 10, I didn't for a minute think this was the start of some big roll over. While "any" day could start a major roll over crash, why would it start yesterday?  

10.19.2017 Bookmark

10.19.2017

Hello everyone, welcome to a new day. 

Well, the mysteries continue. No matter where you look, you have to scratch your head and go "huh?"  The Vegas shooting is now a mess of misinformation that's bigger than anything I've seen since 9/11.  The news about how the FBI knew all about Hillary setting up uranium deals with Russia, including bribery and State department collusion, yet hid it all under Obama. It never ends.  Why isn't the media ( other than the poor alternative sites that get blasted by slimy main stream media) talking about this?? Hannity did a 14 minute monologue about how the FBI discovered money routing from Russia to Bill Clinton and the Hillary foundation LONG before Obama announced and granted the nuclear deal with Russia. 

10.16.2017 Bookmark

10.16.2017

Good morning all, welcome back from your weekend. As always I hope it was a really good one for you all. My wife had a fun day Saturday, as she wanted to get a new dress for the wedding she's going to in NJ. Her niece is getting married in November and she spent the day finding just the right dress and accessories. 

9.26.2017 Bookmark

9.26.2017

Good morning everyone, I hope the morning finds you well. 

Yesterday we had a "red" day. Late in the afternoon, they did their best to get us off the worst levels and when it was all over, we had the DOW off about 55, the S&P off about 5. In a market this tall, that's not even a rounding error. Some were blaming the fall on the increased rhetoric between NK and the US, but I don't really buy that. In the beginning acts of the war of words, the market would indeed get shook up over the strong language, but after seeing "nothing" happen time and time again, they've learned to ignore it all. 

9.25.2017 Bookmark

9.25.2017

Hello all, and welcome to Monday. I hope your weekend was wonderful, and you really got a chance to enjoy it with family and friends. Ours was pretty subdued as my bride is fighting a cold that won't let go, and rest is always the best strategy.

8.23.2017 Bookmark

8.23.2017

Good morning all. I guess today we'll see if I read the whole Thursday/Friday sell down wrong and it was just another in a long long string of "one day wonders" that just happened to stretch into two days. 

8.1.2017 Bookmark

8.1.2017

Good morning all, welcome to a new day.   Not only a new day, but a new month. Can any of you really belive it's August already? My my how time is flying.

Yesterday got odd in a handful of ways. We took a butt kicking here on the Coast after an "every day " low pressure system, flipped into a tropical storm and attacked us.  Trees are down, local streets flooded, etc. Sheesh!  In market land, After a quick bolt out of the gate, we faded back on the S&P and NASDAQ both closing red. The DOW however continued to power up, gaining another 60 points.

7.21.2017 Bookmark

7.21.2017

Good morning everyone, we've made it to another one of those Friday things that seem to get here faster each year. 

Except for the flow of earnings releases, the overnight session was pretty quiet. MSFT was the "big one" and they did pretty well. Interestingly, after their release they were up strongly, then faded to go red. This morning they've inched back to green. 

6.28.2017 Bookmark

6.28.2017

Hi everyone.  

Boy am I late this am. The wife is out of town, and I guess subconsciously I must use her morning activity as an alarm clock, because I slept over an hour past normal. If it weren't for the lawn crew making noise, I might still be asleep. Wow. 

6.13.2017 Bookmark

6.13.2017

Hello all, welcome to a new day....

Yesterday spent most of its time trying to decide what it wanted to do. Should the techs fall more, or should they bounce? Should the overall market begin a true correction or should it simply push higher?  By the time the last hour rolled around, it felt pretty clear that they were getting braver and willing to nibble on things. When the session was over, the DOW wasn't down 70+, it was down 36. The S&P which had been down 11 at times... was down 2.  The NASDAQ, which was looking pretty lousy all morning, bounced nicely.

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