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BOB RINEAR
BOB RINEAR
BOB RINEAR's Article

9.19.32018 - Insider Bookmark

9.19.2018

Good morning all, welcome to wonderland. 

There's a million things going on "out there" and each one of those things deserves a full article written about it. 

For instance, over in North Korea, Kim Jong Un has been meeting with South Korea's president, and word has it that the north has agreed to dismantle its missile facilities, and ultimately allow international observers on site. They are also going to "jointly" bid on hosting the 2030 Olympics. 

9.18.2018 - Insider Bookmark

9.18.2018

Hello all, welcome to a new day. 

The silliness continues. Yesterday the DOW fell almost 100 and the S&P fell about 16.  Supposedly that was because of the 200 billion worth of tariffs. But this morning the futures are bright green, with the DOW up about 70 and the S&P up 7. 

9.13.2018 - Insider Bookmark

9.13.2018

Hello all, welcome to a new dawn. 

Today might get a little goofy for me, as my sister ( Yes I have one sister) is flying in today to help with "Mom" for a couple weeks. Mom is still scheduled to be released from rehab tomorrow. Since we have an extra car here, instead of renting something, she'll use that. But it means running over and getting her from the airport.  No worries. 

9.12.2018 - Insider Bookmark

9.12.2018

Good morning all, welcome to Wednesday. 

For what ever reason you want to conjur up, the market put in a pretty good bounce day yesterday. The DOW ended up 113, the S&P picked up 10. 

This morning the futures are flattish with a bent towards slightly green if you add in fair value. 

9.11.2018 - Insider Bookmark

9.11.2018

Where were you?  You know exactly where you were. You woke up on 9/11, and  went about your morning. Then you started hearing about an airplane that somehow crashed into the World Trade Tower. It seemed like a horrible accident, but one that was certainly manageable. 
Then you heard of the second plane, and your entire world got tossed upside down. 

9.10.2018 - Insider Bookmark

9.10.2018

Good morning folks, we've burned through another weekend. Hopefully it was a good one for you all?  Mine was pretty subdued to be honest with you, although Saturday evening-night, was a whole lot of fun. That's a story I'll tell at a different time!

NOTE>> The rehab center my Mom's in, called Saturday and requested that I come in Monday at 9:30 for some form of program they like family members to go through concerning people getting released. They have Mom scheduled for a Wednesday release, and I guess they want to try and "teach" me what she's going to need. 

9.8.2018 - Elon Musk smokes weed. So what? Bookmark

Hey everyone, the big news Friday was that Elon Musk was on a pod cast with Joe Rogan and he was sipping whiskey and took a toke on a pot blunt. The financial stations were going nuts asking if he should be doing such things while running his companies. But I have a better question. 

The podcast was over 2 hours long and he covered some pretty interesting stuff. His view on how dangerous AI could become is what those stations should have focused on, not whether he should be on camera taking a hit.  I share his view of AI, I think it has the ability to be a very scary development.  Go read today's newsletter, it's worth the time. 

 

In the market commentary, we are trying to figure out if the news about more tariffs is what sank the market, or was the market willing to sink and needed an excuse?  It's a good question.  Give it a read. 

9.9.2018 - Free Investment Newsletter Bookmark

Terminator?
 
Unless you live in a compound, far away from TV or radio, you know the "big news" was that Elon Musk was on the Joe Rogan podcast and was drinking whiskey and took a puff on what they say was a tobacco and pot blunt. Everyone was going nuts about that, and questioning if the head of all these companies should be engaging in such behavior on the camera.
 
All day Friday, CNBC ran the clip of Elon and Joe talking, and Elon taking a hit on what they said was this blunt. That spawned all the noise about whether this high ranking CEO, a guy involved in solar companies, car companies and space launches, should be taking a hit on a joint.

9.7.2018 - Insider Bookmark

9.7.2018

Hello all, welcome to Friday.

So, it's jobs day and the numbers are out. According to the bean counters, we created 201K jobs in August. The unemployment rate remained unchanged. Wages rose a bit, but June and July were revised lower.

Naturally I can't let a jobs report go by without mentioning the "Birth/Death" model, which this time injected 104K jobs into the report. Jobs that most likely, don't exist. 

9.6.2018 - Insider Bookmark

9.6.2018


Can it get any wilder?  Yesterday they were grilling the social media platforms over censoring speech, which will lead to Uncle Sam regulating them. ( Which is what they want from the get go)

Then the "Op-Ed" hit. I'm sure you've heard about it, it's plastered all over the news. Supposedly some "high official" in the Trump White House has written an anonymous op-ed for the NYT, saying how a group in the White house is actually the resistance, and trying to keep control over this "wild man" and have even discussed ways to get him out and thwart his agendas. 

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