The FREE Investment Newsletter That Really Works!
Think about it. Is it possible? Can this market go to DOW 50K? In today's letter we are looking at the reason that it "could" if certain criteria are met. Then of course we talk about the arguments against such a thing happening. I know it sounds absolutely insane to consider a market at 50K, but this is a different world. This isn't 1980 folks. In 2017 Central banks are buying stocks. Over in Europe, Draghi is still pumping 65 billion a month into markets. They now own 10% of ALL European corporate debt.
This is a new world. A scary world. Give it a read folks, this could be important.
Yes it's now June and we've already had 3 named storms. The Hurricane center says we can expect 2 to 4 major hurricanes to make landfall this season. So today's commentary is about being prepared for that. Things you can do now, things you can do when it's just a few days away and things to help you get through it if you stay in your home.
The market commentary is about the spike to new highs we had on Monday and the fade back down we got on Tuesday and Wednesday. Does that mean we've topped or are they going to jam us higher again and we see new highs? We chat about that in this issue.
Yes today's Free investing newsletter starts with a commentary about what can only be described as a civil war brewing. However, it isn't simply a left versus right thing... it's completely and totally deeper than that. Take a few minutes to read this Sunday's letter, it's worth a ponder.
Yes the FOMC hiked rates today. Does it matter? What's the ramifications? Why have so many big name investors been screaming about a market crash coming? Is the Fed going to hike us into recession? Are we really in a recession, but they've papered it over? We chat about all of this in today's free newsletter. Take a few minutes to peruse it and see what you think.
On Election night I was at the Republican party at a local hotel with the Sarasota politicians. That night when Trump won, I mentioned to several around me that "this isn't over, they won't let this die" and boy was I right. It's 8 months later, and what do you see each day on TV? Trump this, and Comey that. Impeachment noise, endless investigations, Russians and you name it.
Along with all that, there's the stuff under the surface. Who killed Seth Rich? Who killed the other 5 people that were close to the Hillary team and DNC? Who's the Awan brothers and why did they have the contract for IT services? This is an onion with many many layers and the Deep state is shook up.
Then of course we talk about the market, and the mini crash that hit Friday where Amazon fell 80 points in seconds, which kicked the algo-bots to sell off NFLX and AAPL and PCLN, and other high fliers. Was that really an accidental "fat finger" or was that the warning shot that the techs are ready to pull down and they rotate into dividend stocks? Time will tell, but it's fun to ponderr.
In today's Free investing newsletter, we look at the problems with predicting things. There are many, but most of them begin with the old computer adage that if you put garbage in, then you'll get garbage out. Well to predict the future, whether it's a stock price or the economy, the problem is that the information you are basing your assumptions on, are often perverted.
We also talk about the "big 3" on Thursday. We get the Comey testimony, we get the UK vote and we get the word out of the ECB concerning rates and their QE program. It's a lot to hash out.
The free letter is up for the weekend and in it we look at the new digital currency backed by a gram of gold, called cunningly enough "OneGram". We talk about how or if this is going to affect the gold market, since it will allow Muslims that were barred from using gold for transactions, to begin. Estimates are that if just 1% start using gold assets, it will create 1000 tons of demand per year.
Of course we mention the new all time highs too. They seem pretty common lately, despite the obvious slowdown in jobs and manufacturing.
Good evening all, the latest issue of our Free Investing Newsletter is posted, and in this we talk about the distortions infecting the market from two directions. One is the ETF explosion and the other is Central bankers that are buying stocks, something we didn't see 15 years ago.
When you get done reading this article, you'll understand why fundamentals have flown out the window and stocks that should NOT be up, are up anyway. This is going to be problematic at some point, but for now it's business as usual. Give it a read, and it might clear some things up for you.
Hello everyone, I hope you're having a tremendous Holiday weekend. This edition of the free newsletter is up and I spent the commentary section talking about some personal perspective of Memorial day, along with some of the issues I think our Vet's are struggling with.
Then in the Market section, we toss out a little "proof" that the plunge protection team is really the reason this market never seems to be able to correct any more. I think you'll find it an interesting read.
Hello everyone, welcome to Wednesday. Today's free newsletter is posted and in the commentary section, we are talking about .380 the "ammo" and if it is acceptable for a self defense round. This comes after I had posted a letter on Sunday and in it I mentioned that I had changed my carry gun, and it is chambered in .380. That got me some push back from "those guys" that seem to think that anything short of a cannon is too small. We talk about that and the incredible developments in ammo technology. Is .380 good enough? It is today.
We also talk about the market hitting an all time high again today. For no really good reason, in the face of June rate hikes, while digesting fading fundamentals, we inched our way to glory. Yet it came on punk volume. Is it the start of a new leg higher, or like the March first all time high, will it fade off and we trend sideways again? We talk about it all.