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Insiders Club - 10.30.2014 Bookmark


This Halloween season brings back some pretty nasty memories for me. It was two years ago this week, when Super Storm Sandy landed dead center in the Brigantine Inlet of NJ, just 3 miles from my house. That evening and the following 3 weeks were some tough times for a lot of my closest friends.  I lost my home completely as did many of my neighbors on the bayfront. But even folks living 5 and 6 blocks inland on the lagoons had water 4, 5 even 6 feet high crashing through their homes. It's certainly a memory that haunts me during the Halloween season. Even now, exactly two years later, many folks still don't understand the struggles a lot of people are still going through in my town.

10.21.2014 More Free Money Hope! Bookmark

Notice the trend here?  IBM missed earnings. Coca-Cola missed. McDonalds missed, NCR missed, EBAY missed, and on and on. Yet the futures were soaring this morning. What's up with that?  Well, just like last week when the Fed heads spun on a dime and went from saying rate hikes are coming sooner rather than later and then reversed and mentioned that maybe QE could remain in place...over in Europe the ECB has been putting out "hope" headlines too.  This time suggesting the ECB will buy Corporate bonds on the secondary market.

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