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4.5.2019 - Insider Bookmark

4.5.2019

 Another Friday. But not just an ordinary Friday, it's jobs Friday. 

There's a bit of push/pull going on in "jobs" land.  The initial jobless claims this week fell to levels not seen in 50 years. That's good news. 

8.4.2016 - Insiders Club Bookmark

8.4.2016

Good morning everyone, welcome to Thursday.

Yesterday they put in a nice bounce after days and days of trading sideways and down. The question was...would it be a one day event, or would they add to the bounce?  Overnight the futures were actually red. It looked like we were going to stumble into a red open. But the closer we got to 7 am the more the futures improved. Then, we got the word out of the Bank of England.

6.2.2016 - Insiders Club Bookmark

6.2.2016

Good morning all, welcome to a new day. 

Despite dropping 122 DOW points and 10 Spoozies yesterday, they fired up the magic levitation machines and by the close we had the DOW up 2, and the S&P up 2.  Amazing eh? 

I think one of the biggest things I face almost daily is dealing with people who still think the market's are free. There's still millions of folks that actually believe this market is free and open, and each day it ends up where ever the millions of investors that have bought or sold...take it.  Well that's all wonderful thinking, but it's baloney.

2.4.2016 - Insiders Club Bookmark

2.4.2016

Good morning everyone, welcome to Thursday...

Yesterday was another trip into the bizarre. The DOW moved over 400 points on the day, as it dipped by almost 200 and then soared for 200 positive points.

Overnight things were mostly calm, and coming into this morning we saw the futures up modestly. At 6 am I think I saw the DOW up 40, the S&P up 4.

Insiders Club - 8.6.2015 Bookmark

8.6.2015

Good morning all... 

First off let me start off with a bit of housecleaning.  Tomorrow  (Friday)  I'm Not going to be around much. I got drafted into accompanying my son as he/we drive from FL to NJ.

Insiders Club - 5.7.2015 Bookmark

5.7.2015

Morning all, welcome to the whacky world we dwell in....

Insiders Club - 3.5.2015 Bookmark

3.5.2015

Hello everyone, good Thursday morning....

Last night I mentioned once again that I don't particularly enjoy being the bearer of bad news, but unfortunately it's out there and there's no shortage of it. This morning while the futures have been rising on the hopes that Draghi will be talking of rainbows, unicorns and free money for ever... the Challenger layoff report has hit and it's not pretty. They announced over 50K job cuts for the month, which means we've seen 103K in just two months.

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