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10.21.2017 - Bitcoin Bookmark

Yes folks, Bitcoin. It seems to defy gravity, it goes up relentlessly, and people are piling into it. Where did it really come from. Is it anonymous as they say? Was there a purpose behind it? Who really "invented it?"   We chew on some of these topics in the general commentary tonight. 

 

In the market commentary, we talk about the drive to all time new highs, which has now happened 55 times this year. What's behind it? Can it stop?  What if it stops?   Is this the new normal?  

10.21.2017 - Free Investing Newsletter Bookmark

At The End of The Day
 
Over the years I’ve been asked about Bitcoin many times. For the most part my answer to it has remained about the same “at the end of the day, it’s a fiat currency”.  Now to the Bitcoin lovers, I’m just stupid. I have no problem with that. But then, do tell me...what exactly is Bitcoin backed by? Oh, digits “mined” from computer algorithms. In other words, I can’t exchange my Bitcoin for say gold, or silver? No. How about copper or Iron? Nope.

10.20.2017 Bookmark

10.20.2017

Did you see it? Yes folks, the market that opened down 100 points, did it's magic yesterday and ended the day green. How corrupt are things when they can't even allow a single day of red? Very I'd say, but that's life in 2017.  But wait it gets better. Last evening they were working on the budget and the latest iteration of it passed 51-49 along party lines. Well, the "markets" took that as progress towards tax reform and this morning the futures are on fire. 

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. 

10.18.2017 - Kimchi? Bookmark

Hi all!  Today's commentary is way off the beaten path. On Sunday I was exchanging recipes with a friend of ours and she asked me if I knew anyone that made their own Kimchi ( the National food of Korea).  I said yes indeed, I've been making it for years and sent her my recipe. Then it dawned on me that I haven't put a recipe in any of our letters....ever? Well, if I did it was a long long time ago. 

 

So the general commentary is about the benefits of this incredible fermented food. The Market commentary is about the insatiable rise in the market as we gained yet another 160 points on the DOW today. Yes IBM was responsible for 100 of them, but the average person doesn't know that. We are now firmly over DOW 23,000. Amazing but true. 

 

As you can see, today's letter is a fun mix. Give it a read and hey, go make yourself some Kimchi, it's great stuff!

10.18.2017 - Ever Eat Kimchi? Bookmark

Hi all!  Today's commentary is way off the beaten path. On Sunday I was exchanging recipes with a friend of ours and she asked me if I knew anyone that made their own Kimchi ( the National food of Korea).  I said yes indeed, I've been making it for years and sent her my recipe. Then it dawned on me that I haven't put a recipe in any of our letters....ever? Well, if I did it was a long long time ago. 

 

So the general commentary is about the benefits of this incredible fermented food. The Market commentary is about the insatiable rise in the market as we gained yet another 160 points on the DOW today. Yes IBM was responsible for 100 of them, but the average person doesn't know that. We are now firmly over DOW 23,000. Amazing but true. 

 

As you can see, today's letter is a fun mix. Give it a read and hey, go make yourself some Kimchi, it's great stuff!

10.18.2017 - Free Investing Newsletter Bookmark

Kimchi

 

Today’s commentary is going to be way way off the normal path. Why? Over the weekend, I got to swapping some recipes with some friends of ours. Then it dawned on me that in 25 years of putting out commentary on just about every topic imaginable, I’ve never put a recipe out.  Or, if I have it’s been so long ago I forgot I did.

 

Anyway, while desperate for the recipe to our friend Karen’s incredible Osso buco recipe, which she sent over Sunday, she asked for one in return. One I didn’t think she’d ever be interested in, caught me off guard. She wrote “Bob, do you know anyone that makes Kimchi?”  Bingo. Yes I do.

10.18.2017 Bookmark

10.18.2017

Good morning all, welcome to hump day. 

I wasn't able to watch the action yesterday as I was tied up with medical all day. But last evening when I got to looking around, I was a bit surprised at some things. For instance, the market ended the day green, which wasn't surprising, but I was sort of caught off guard by being stopped out of ADSK.  With earnings coming up and the market trudging higher, I thought that might be a safe call. But instead, after opening well and spiking to almost 120 in the first few minutes, it faded off and I stopped out at 118.50. Granted I had a tight leash on it, but I wouldn't have expected a red day. 

10.17.2017 Bookmark

10.17.2017

Morning all, welcome to the never ending rally. Yesterday they couldn't get much in gear for the morning session, but then as the day wore on, they came piling in. We ended the day with the DOW up 84, the S&P up 4 and up 18 with the NASDAQ.

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. 

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