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12.28.2016 - Financial Intelligence Report Bookmark

Trying To Remain Festive
 
Hi folks. Yes it’s that odd week; you know the one. The week between the solemn observation of Christ’s birth, and the wild “go for broke” New Year’s eve.  In just 7 days the mood changes from serene and giving, to blatant excess.  I think it would be better to separate the two by 6 months, but I digress.....
 
It’s always an interesting week for me. Generally it is a shortened week as often the market is closed for a day, and even on the days that it’s open the volumes are horrid. Yet it is the week where more times than not the market makes gains. It is referred to as the “Santa Rally.”  Now it is too early to know if this week and the first week of January are really going to give us this so called rally, but my guess is that DOW 20K will be hit. Why? Because they can.  It has no real significance except for goofy people on CNBC to put on DOW 20K hats

6.14.2016 - Insiders Club Bookmark

6.14.2016

Hello all, welcome to Tuesday. 

Yesterday got interesting. Instead of bouncing off 2085 for the 3rd time, the S&P fell through that support and we ended the day with the S&P down 17 points to 2079.  That puts it just a few points above the 50 day moving average. The IWM which failed at resistance at 119 a few days ago, continued its free fall. The DOW closed below its moving average by about 50 points. 

Insiders Club - 2.19.2015 Bookmark

2.19.2015

Good morning all...

On this day 32 years ago my wife lost her sanity for a day and said "I do".  Yes indeed, today is my anniversary. And in those 32 years, this has been the only anniversary where we weren't together for the day. Unfortunately she's up in NJ trying to help her dad and brother take care of her quickly fading mom, while I'm down here in Florida keeping an eye on my own mom.

Sometimes life simply gets in the way.

But it is indeed my anniversary and I will never be shy about saying I was blessed to have such a fine partner. 

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