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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. 

10.9.2017 Bookmark

10.9.2017

Good morning all, welcome back from your weekend. Unless of course you work in a bank or something and you're off for the Columbus Holiday. Then, I'm extremely jealous of you. 

7.21.2017 Bookmark

7.21.2017

Good morning everyone, we've made it to another one of those Friday things that seem to get here faster each year. 

Except for the flow of earnings releases, the overnight session was pretty quiet. MSFT was the "big one" and they did pretty well. Interestingly, after their release they were up strongly, then faded to go red. This morning they've inched back to green. 

7.3.2017 Bookmark

7.3.2017

Good morning all, I hope you're enjoying your 4th of July Holiday period. As always I hope your weekend was a great one. 

The wife and I had a very cool experience Sunday. Because we're now in the rainy season, you can count on a thunderboomer almost every afternoon. So we didn't want to risk the beach, and decided to walk the Sky way fishing pier. About halfway out I saw some people looking very concerned, as they peered over the concrete rail. The skyway fishing pier is actually the old roadway of the original skyway bridge and made of concrete and steel. Anyway, we could see something going on and walked over.  The roadbed is about 15 feet above the water and down below was a 250 - 200 lb green sea turtle in trouble. 

5.24.2017 Bookmark

5.24.2017

Good morning, happy Wednesday to you....

They tried and tried but couldn't pull it off. They got us to 2400 yesterday and we spent the bulk of the session trying to get past it. We'd bump into it, fade, bump into it, fade....on and on

4.13.2017 Bookmark

4.13.2017

Good morning everyone, we've made it to Thursday, which for this week...is the last trading session of the week. 

The market is closed for Good Friday tomorrow and rightfully so. It's a good thing for people to look away from Wall Street and money and reflect on some real priorities of life.

2.21.2017 Bookmark

2.21.2017

Good morning all, welcome back from your weekend. I know, I know, a lot of you only had a 2 day weekend, but some of you did get lucky and eek out the third.  Anytime the market is closed for a Holiday, it's a time of celebration for me!

2.3.2017 Bookmark

2.3.2017

Hello everyone, it's jobs day. It's also Friday and that makes me happy!

Okay, yesterday was the ultimate in boredom.  Individual stocks did well if they had company specific news like earnings, but if not...you probably went nowhere fast.  

1.11.2017 - Financial Intelligence Report Bookmark

Everything's Rigged, All of It
 
You all know that the major bankers have been hit with over 30 BILLION dollars worth of fines for rigging markets. They've rigged LIBOR, Gold, Silver, Forex, etc. This isn't speculation, this isn't a theory, this is simply the truth. You can look up the cases.

So the question is, if the banking institutions will collude with each other and rig the price of say LIBOR rates, or the daily quote on Silver, do you think it stops there? I argue "no way!".   From where I sit, I see manipulation and rigging every where I look.

Earlier today we got the oil inventory numbers. Now think back to your economics 101 class. What happens if supply is tight on something? The natural reaction is for prices to rise. Likewise, if supply is abundant, then it holds to reason that prices would fall. So, what did we see in the oil numbers? Let's take a look....

8.11.2016 - Insiders Club Bookmark

8.11.2016

Good morning all, are we ready for another day? 

Yesterday they pulled off the late day "Ramp Capital" as they do so often. There was a particular level they needed to take the market to and just like magic, it happened. So, am I surprised that this morning the futures are green? Not even a little bit.

So, where do we go today? Good question. If their "pattern" continues, they'll probably try and inch us back up to the 2182 level. However, if we can't get through that... we'll probably be right back to testing 2175 again.

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