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2.21.2020 - Insider Bookmark

2.21.2020

Mornin' all, it's Friday.

So yesterday, when I left the market was up "nicely" and my positions were doing really well. When I got back, I found out that there had been a "mystery" plunge where at one point the DOW was off 388 points. What the hell was that about? There's few theories, one of which was more infected people. But I tend to think it had more to do with a Fed official suggesting that people shouldn't be too soon to believe a rate cut is coming this year.

2.20.2020 - Insider Bookmark

2.20.2020

Good morning all, how's your morning. Things are a bit slow here on the homefront, as yesterday was my anniversary, and the wife and I snuck out for a bit last night.

2.19.2020 - Insider Bookmark

2.19.2020

Good morning all.

Well it worked again. What's that you ask? Well, if the market has a red day, and you buy the SPY or DIA at the close, the next day you're almost guaranteed to be "up" some.

2.18.2020 - Insider Bookmark

2.18.2020

Look at those futures. Why?  Because they're ONLY down 136 at 8:45

Early last evening, this was the headline that caused the futures to puke for 300:

Apple warns on coronavirus - it won't meet revenue guidance because of constrained iPhone supply and suppressed demand in China

2.14.2020 - Insider Bookmark

2.14.2020

Good morning all, and it's another one of those Friday things.

It's also Valentines day, which for me kicks off a pretty tough week. Why? Well, it just so happens that we have Valentines day on the 14th, My wife's birthday on the 16th and our anniversary on the 19th. Yes indeed, three majors in FIVE days!  OUCH!

2.13.2020 - Insider Bookmark

2.13.2020

Ooops.

So yesterday the story of the day was that the spread of the virus appeared to be slowing and they used that baloney to push the market higher by another whopping 275 points. But then last night, came headlines that another 15,000 people were infected and the death toll had risen once again.

2.12.2020 - Insider Bookmark

2.12.2020

Hello all, and a good morning to ya!

Okay, so like a rerun of groundhog day, the futures last night were deep in the red. Then, right at 3 am, "boom" up they went. I find it interesting that 3 am is when the ECB "opens for business"

2.11.2020 - Insider Bookmark

2.11.2020

Good morning all, welcome to a new day.

The futures are green again. The only explanation for this incredible push for higher and higher, in my estimation, is "headroom" over the corona virus

2.10.2010 - Insider Bookmark

2.10.2020

Good morning all, and a big welcome back from your weekend!  I hope it was a smashing success.

2.7.2020 - Insider Bookmark

2.7.2020

Hello all, welcome to another one of those Friday things. 

I guess we can start off with the jobs report. According to the bean counters, we added 225K jobs last month. Hourly earnings supposedly gained 0.2% and the labor force participation rate rose for the first time in ages. 

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