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5.6.2016 - Insiders Club Bookmark

5.6.2016

Hello all, we've made it to Friday. And, not just any Friday, but JOBS Friday. That always puts a special twist on things.

Yesterday was another long soggy day, where their goal was not to push the market higher, but instead...not let it fall. After being down to 2045 during the session, the magic arrived and we ended the day at 2050. Smack dab on the exact number that I've been suggesting they have  to hold.

3.16.2016 - Insiders Club Bookmark

3.16.2016

Hello all, welcome to Yellen day....

Tuesday was the lowest volume day of the year. Monday was the second lowest volume day of the year.  No one wanted to make a move ahead of the Fed. Well, today is decision day.

There's a lot of things in play right now. The Fed's are in a strange predicament as they've told the world we're doing really well, with virtually "full" employment. Yet that doesn't jive with 0.25% interest rates.  It looks stupid.  So for them to continue to "wait" on normalizing rates, just lends to the idea that the Fed's are happy rigging the markets higher

Insiders Club - 10.20.2015 Bookmark

10.20.2015


Good morning everyone, welcome to Tuesday...

Did you see it? It was almost comical.

All afternoon yesterday we were slightly red. When we dipped into the red around 1 pm we stayed there until..... 3.55 and just like magic, up we went, and posted a 17 point gain on the DOW and a fraction of a point in the S&P. Do you think that was millions of individual investors, doing the "random walk" and buying stocks all at the same time? I truly hope not because if so you've been terribly deluded. No, that was our friendly central planners making sure that things continue to make Joey Sixpack feel good.

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