8.9.2019

Wash, rinse, repeat. 

Yesterday, the market simply clawed itself higher all day. My feeling was that one couldn't really get long, unless the S&P exceeded Friday's close. Well they did that in the final hour. 

8.2.2019

Good morning all, we need to chat. 

Yes today is jobs day, and we'll get to that. But first we need to chat about yesterday for a minute. 

We were up over 300 DOW points around noon yesterday. We had virtually eliminated the entire plunge we got on Wednesday. But then in the mid afternoon, the wheels came off and down we went. For a while there we were down 300, so yes, a 600 point round trip day. 

7.30.2019

Good morning all, let's get to it. 

First off, Capital One has announced that they've been hacked and the information of some 100 million people was compromised to some extent. If you're a capital one card holder, or have a vehicle loan through them, I'm sure that Cap one will be sending you instructions to get free credit monitoring. 

The Triple Play?

 

Hey, before we get into today’s article, I want to pass along something that I find interesting. Maybe it can help you or a family member.

6.26.2019

Hello everyone, we've made it to Wednesday, in a very peculiar week. 

Yesterday the DOW heaved up 180 points, the S&P fell almost 30. Why? Overhead resistance and a lot of negative noise coming out of the Iran situation, and nothing solid out of the trade situation with China. 

6.4.2019

 Good morning all, welcome to a new day. 

 NOTE>> My sister ( Yes I have one) is coming to town today to visit with my mom for a week. I've been elected to get her from the airport this afternoon. So, I may not have an afternoon update. 

5.31.2019

Hello all, another Friday is upon us.


This market is definitely akin to walking a mine field.  After putting in a meager up day yesterday, today we wake to blood red futures. Why? Two reasons actually. The manufacturing numbers out of China were disappointing at best. No one liked that. But secondly, Trump has announced a 5% tariff on Mexico.

5.29.2019

Good morning all, welcome to Wednesday. 

Yesterday the market was pancake flat from 11 am to about 2 pm. Then things started to erode, and the volume started to rise. After being up as much as + 130 points after the open, the DOW closed DOWN 237 points and LOST its 200 day moving average

5.20.2019

Good morning all, welcome back from your weekend. Was it a good one for you? I hope so. 

Ours was very enjoyable, especially Sunday when I did my second "bike to the beach" since my PE's and DVT. The highlight of the day wasn't the ride, nor the one mile walk on the beach, or even the sun and waves. The star of the day was an Osprey that alit on a palm tree stump not 10 feet from us, and sat there for 35 minutes, completely un-phased by us. 

5.17.2019

Another Friday is upon us, what will this one bring? 

Well the games have begun. What games? You know the one's, like where the market is falling like a rock and then we hear jawboning about the "trade talks going well," and we soar for 300 points.