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In today's general commentary, I relate a story from many many years ago, where your intrepid editor, was "fired" by a female boss. The reason? I didn't make advances toward her. Yes you read right. She was jealous that I'd come in and joke and flirt with the girls, but put on my business face for her. In this era of meetoo, one wonders when the next hashtag will be "#mentoo".
In the market section, we talk about todays 800+ freefall in the DOW and what it means, why it happened and what's next. Stay tuned folks, things could get fun in here soon!
Hello all, first off let me say a big hearty thank you! I'm waling in the "lets cure alzheimers" walk on Saturday and had requested donations to our team members that are doing the walk. Well our goal was 3,000 dollars and because of your generosity, we bested that level. So again, thank you all so much. Alzheimer's and related dementia are horrible diseases and if just one dollar helps someone through it, or leads us closer to a cure, I'm okay with it.
In the market commentary we chat about the insane market levels, and how no matter what, one day this will all end. The best "stock" year we ever had was being short the market during the 2008/09 sell down, and it will indeed happen again. But for now, as we make new highs again almost daily, we lean long, take our shots and ring the register.