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4.5.2017 Bookmark

4.5.2017

Good morning everyone, welcome to Wednesday. 

Yesterday was a roller coaster ride of up and downs in a relatively narrow range. I lost count of how many times we dipped red/went green/went red. But when it was all over and the final bell had rung, we had finally eeked out a green close on both the DOW and the S&P. While it wasn't gangbusters, we got 39 DOW points and just about 1.5 on the S&P. 

9.4.2016 - Financial Intelligence Report Bookmark

Lying Fed Heads
 
One of the problems you face when you write a newsletter that goes out to thousands of folks, is that often the things you say...are diametrically opposed to what people have taken as fact for years. Then they have to try and figure out if I’m simply nuts, or maybe they realize that they’ve been shoveled a bucket of horse hockey all those years. It causes stress I’m sure.
 
For instance, we all know that Eve ate an apple in the Garden of Eden right? Well not so fast. She ate from the fruit of the tree of knowledge of good and evil. Not once is it mentioned in the Bible that it was an apple. It probably wasn’t. Yet it’s taken as a generalized fact that she ate an apple.

2.24.2016 - Insiders Club Bookmark

2.24.2016

Morning all, welcome to another day in "mania-ville"

So yesterday we had oil pull down, and then the Saudi oil minister simply came on State TV and said "forget production cuts...it ain't gunna happen". That was more than enough to pull the rug out from the market.

But it wasn't just that.  Oil and the Saudi guy are important no doubt....but maybe more important was that oil and the Saudi guy hit right as the market was face planted into stiff resistance.

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