A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

10.13.2014 Magic Levitation Bookmark

Last night when the futures market opened, ( Futures open at 6 pm Sunday evening) the DOW quickly plunged red. Even an hour later the DOW futures were down 70 and the S&P down 15.  But with Japan closed for Holiday, and our own Bond market closed today for Columbus day, they knew there wouldn't be any volume in the futures pits and they could work their "magic".

Insiders Club - 10.13.2014 Bookmark

10.13.2014

Good morning everyone, welcome to a new week. I certainly hope your weekend was a fun one. Down here on the Gulf coast of Florida, we're still running way above average temp wise, as we continue to be at the 90 degree level. It's been so hot for so long that the first time the temp dips down into the 70's everyone's going to have to wear down parkas.

So this week kicks off the real beginning of earnings season. We're going to start hearing from the heavyweights, and as I said in the newsletter, the extent of their "fudging" will determine what the markets do next.

10.3.2014 JOBS DAY! Bookmark

We all know that the mid term elections are coming at us pretty quickly and it would make a lot of sense that they'd paint the tape ahead of those elections, so that the incumbents look like they're doing their jobs. So, we just got the jobs report, it came in at 248K. Not only that, the unemployment rate fell to 5.9%. That's the lowest since 2008. Right. Sure.  Wait it gets better. Remember last month where they were looking for 250K, but only got 148K?  Well that was revised up to 180K

Insiders Club - 10.2.2014 Bookmark

10.2.2014

Hello Everyone, welcome to Thursday...

I'm sure you all know what happened yesterday.... we fell like a rock. But if you look closely you do see that "someone" with pretty deep pockets was in there doing their best to keep the fall manageable. In other words instead of being down 240, we could have been down 350 or more. If you study the futures action, each slide was "halted" by big futures buys, and it wasn't mom and pop with their  E-trade account doing it. It took BIG money.

Insiders Club - 9.29.2014 Bookmark

9.29.2014

NOTE> We've changed the site to a new server. Everything should work just the way it always did, you log in, scroll to category, select Insiders Club, etc. We don't expect any issues.



Didn't we gain almost 200 points Friday? We did.

So why are we looking at the futures at 7 am, down 100 here this morning?  Ahh, the plot thickens...

Markets use "news" as an excuse for making a move. If the market wants to go up, it will find some little tidbit of news to use as the excuse for why it's doing so. If it wants down, it will take what ever news it decides will be the "reason" for the downdraft. So today we've got the futures in the toilet and the "word" has it that it is because of the protests in Hong Kong.

China Lies Again? Bookmark



 

Overnight the Chinese ministry put out a huge amount of fluff economic news and all of it was "better than expected"... (now there's something new)

But in any event it didn't levitate the morning futures as news like that usually does. So we expected a

Social Media

Bob Recommends