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Mortgage Applications Fall Again?? Bookmark


Today ( Wednesday) we learned that mortgage applications fell another 4% last week. That certainly doesn't jive with the new home sales that they say rose 18%. How can that be? It's really pretty easy folks. The middle class has no money and can't afford a mortgage any more. They're beaten up. But the rich, who have been gifted by the Fed's with all manner of stock gains are so flush with cash, they are buying new homes like they're going out of style. 

9.23.2014 The War Begins! Bookmark

Last night the US and several countries in the area, joined up to start air strikes against the ISIS "terrorists". That has some of Europe trading red this morning as uprisings in that area generally lead to higher oil prices and heightened tensions. While the "red" indexes in Europe aren't all because of the strikes, you could consider them and "excuse" for why they might lighten up some positions. We just learned their PMI came in at 9 month lows...never a good sign.

Will that spill over into the US and we put in another red day?  Check out the Insiders Club and find out what we're thinking. 

8.16.2014 Now You See It, Now You Don't Bookmark

The Ukrainian Government says that they blew up a Russian convoy that was crossing the border and supplying the so-called rebels resisting the Ukraine's. That caused our market to fall over 100 points from the highs. But the question is, did this happen or

June 29th Free Investment Newsletter is up! Bookmark

Good afternoon everyone, just a couple quick notes. The Financial Intelligence Report for June 29 is up and as always it is free of charge. Please enjoy the read. Next up, many of you know by now that our friend Jacquie had to pull out of the Race across America,

6.9.2014 Self Defense Weapons Training! Bookmark

Classes are filling up, so act quick to reserve your day and come down to Sarasota and spend a full 8 hours, ONE on ONE with our lead instructor Mike Magowan, and learn the proper way to protect yourself and your family/home.

For those that don't know what we're

11.3.2013 - Millions face sticker shock following insurance cancellations Bookmark

How rude is it to say...we told you so? Probably very, but we are indeed witness to the very things we warned about for years concerning this "Obama Care" debacle. As had as they're trying to spin this in a positive light the facts are pretty bleak. The web site

9.18.2013 Federal Reserve Decision Day! Bookmark

Today, Wednesday the 18th we're finally going to get the decision from the Federal Reserve concerning what they're going to do with their QE program. They've said since June that they felt it was time to start to remove some of the accommodation from the system, and that cause the

September Comes In With Big Green Futures 9.3.2013 Bookmark

the futures were big and bold Tuesday morning after everyone learned that Obama had changed his "go it alone" stance over Syria to waiting to ask Congress for approval for any missile attacks. That got a lot of the traders thinking that if enough time elapsed, maybe just maybe we

NASDAQ halts all trades Right After they "break" 17 minutes of Trading Bookmark

On Wednesday the 22nd, the NASDAQ composite was halted for trading as a "glitch" in their computer system. This halt is still ongoing at 1:02 pm. The iron if not funny and dangerous part of this, is that just two days earlier they "broke" all the trades placed in a

Fed's Minutes say they're on Track for Tapering. Sort of . Kinda. Bookmark

The minutes hit at about 2 pm, and the market hated what they heard. In a matter of moments we saw the DOW fall from – 50 to minus 122. Then the dip buyers jumped in and 20 minutes later we were down just 64. Now go ahead and tell

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