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DUANE MCKINNEY
DUANE MCKINNEY
DUANE MCKINNEY's Article

8.17.2018 - Insider Bookmark

8.17.2018

Hello all, welcome to another Friday in August. 

So yesterday, just, was. The "talks on tariffs" with China news, the WMT earnings, the Trump press conference, and a handful of other things, gave the algo-bots all the fuel they needed to put on a 400 point day. 

8.16.20187 - Insider Bookmark

8.16.2018

Mornin' all, and yes, it's happening again. 

303 points to the downside yesterday, before a major reversal off the lows. So what doo we see this morning? Well, after the bell last night CSCO beat their earnings, and then this morning WalMart beat their earnings. The combo of the two, along with a pause in the Turkey news helped. But it was also aided by something I warned you all about. 

8.15.2018 - Free Investing Newsletter is up Bookmark

Hello all, the new newsletter is posted on the site. In this one, we chat about some of the effects on the human body that the roll out of 5G might have. Yes that's controversial, but it makes an interesting read. Why are so many people depressed? Why are so many people doing irrational things? Could it be that all the millions of cell phone signals flying through our brains 24 hours a day has overwhelmed our natural defenses? I believe so and that's only 4G. 

 

In the market section, we ponder the market's next move. The chop lately has been horrific as even today the DOW was down over 300 points at one moment, and ended the day down just 135. Could we be entering a period of sideways  chop, bouncing between the highs and the 50 day moving averages again? It's possible. Give it a read, it's good stuff. 

8.15.2018 - Free Investment Newsletter Bookmark

Not Fair

 

I’m in a mood, and it’s not terribly pleasant. This morning I got a phone call, that I figured was coming one day, but I still didn’t want to hear it. A dear friend of mine lost his wife today to cancer.  (Prayers to you buddy)

8.15.2018 - Insider Bookmark

8.15.2018

Hey everyone, welcome to Wednesday.

Yesterday it was my thought early on that they'd get us green and it would indeed last the day. Well that happened. Despite a shaky start, they moved in quickly to stabilize things and by mid afternoon, they had the DOW up 140 and the S&P up 21. We closed off those levels, but not by much. The DOW went out + 112, the S&P went out + 18.

8.14.2018 - Insider Bookmark

8.14.2018

Good morning all, welcome to Tuesday.

Early on this morning the futures were pretty flat, and then Home Depot released their earnings. If what they put out is actually real, it was a good report, maybe very good. Year over year comp's were up strongly and they even raised guidance for the year. That got the futures all hot and bothered, and from just being "flat", they roared to where the DOW was up over 100 and the S&P was up 11. 

8.13.2018 - insider Bookmark

8.13.2018

Good morning everyone, welcome back from your weekend. As is habit, I truly hope it was a great one for you all. Down here in not so sunny Florida, we're still battling the weather and the red tide. In the 12 years that we've lived down here, this is by far the worst summer we've ever seen. Not only is the rainy season "different" this year, the red tide has been horrific. 

8.10.2018 - Insider Bookmark

.10.2018

Good morning all, it's yet another Friday. I'm not quite sure where this week went, but "poof" it's gone.

So, yesterday they had their hopes up about attacking the All-time highs, but no, they couldn't pull any real attack together. Sure AMZN was up. Sure Google was up. But all in all, it wasn't a big win for the bulls.

8.9.2018 - Insider Bookmark

8.9.2018

Hi all, it's another day in wonderland. 

Yesterday they put in a long flat day. We didn't stray too far from the unchanged level. This morning they're picking up at the same place  they left off. The futures are statistically "unchanged" with the DOW up about 19 and the S&P up 2. But if you add in "fair value" we're really up 8 and ""0" respectively. 

8.8.2018 - Insider Bookmark

8.8.2018

Hello all, welcome to hump day. 

So, yesterday the session was going along relatively well, and then "all hell" started breaking loose on the news wires. It seems that Elon Musk put out a tweet suggesting that he's thinking of taking TSLA private at 420 bucks a share. 

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