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2.29.2016 - Insiders Club Bookmark

2.29.2016

Good morning all, welcome back from your weekend. As always I hope it was a great one for you. Down here in "much too chilly" Florida, the wife and I got a chance to "escape" for a couple days and spent a fun afternoon poking around in one of our favorite Florida places. It was really fun, however... the wind and temps kept a lid on some of the things we would have liked to do. I know a lot of the nation is in very cold conditions, but we're "below the frost line".  Deep cold is supposed to be rare. Ha! We've had frost 3 times and Saturday am we woke up to just 39 degrees. For us cranky old Floridians...that's cold!

2.26.2016 - Insiders Club Bookmark

2.26.2016

Good morning all, we've made it to Friday. 

It's been quite a week, no doubt.

Yesterday they "did it". They pushed the S&P up and over that sticky 1945 - 1950 level, which has been very stubborn resistance. If they can hang onto that breakout today, we should see this market push for 1975, and possibly overshoot that level, landing around the 1990 area.

2.25.2016 - Insiders Club Bookmark

2.25.2016

Morning all....

If you read last night's Financial Intelligence Report, then you know I come into today with no really strong feeling about which way the market is going to go. We had that big reversal day yesterday, but it was once again on lower volume, and it didn't really achieve anything technically. Yes it is true that if you look at a chart, yesterday's action created a "hammer" candle and they are often indications of "more to come". But other than that.... not much else. We didn't get back the losses of the day before, and we didn't end the day above any resistance levels, etc.,

2.24.2016 - Insiders Club Bookmark

2.24.2016

Morning all, welcome to another day in "mania-ville"

So yesterday we had oil pull down, and then the Saudi oil minister simply came on State TV and said "forget production cuts...it ain't gunna happen". That was more than enough to pull the rug out from the market.

But it wasn't just that.  Oil and the Saudi guy are important no doubt....but maybe more important was that oil and the Saudi guy hit right as the market was face planted into stiff resistance.

2.23.2016 - Insiders Club Bookmark

2.23.2016

Hello all, welcome to Tuesday.

Yesterday the indexes put in quite a show. The DOW up 227, the S&P up 27. They got the S&P up and over 1940, and knocking on the door to 1950. It was almost too good to be true. And...maybe it was.

2.22.2016 - Insiders Club Bookmark

2.22.2016

Good morning all, welcome back from your weekend. I'm hoping it was a fun one for you all. Down here in Florida, the weather simply couldn't have been better with bright blue skies and temps in the mid 70's.  But like most things in life it brings a downside. All the people fleeing the snow and cold of the north have come down to FL and as each year progresses the traffic gets worse and worse.  We call it "in season" when the snowbirds come south. So for the locals, in season brings traffic, long lines, waiting times for restaurants, packed parking lots, etc. I've only been here 10 years and the difference between then and now is startling. Oh well. The birds will fly back north in June and things will become a bit more normal.

2.21.2016 - Financial Intelligence Report Bookmark

Could it be?

I’d like to take a moment to chat about our future. Now follow along with me here because I think it’s going to be important.

What is the common thinking about what’s going to happen to rates, the economy, negative interest, removal of currency, banning the 100 dollar bill, etc?  Well the common thinking goes like this….

2.19.2016- Insiders Club Bookmark

2.19.2016

Good morning everyone, welcome to Friday.

Today is a special day for me.  33 years ago today my better half said "I do" in front of 125 friends and family.  So yes it is indeed our "anniversary".

I got the better end of that deal by far, and I'm honored to have such a gift given to me.  I have no problem saying that I look forward to the next 33 years.

2.18.2016 - Insiders Club Bookmark

2.18.2016

Hello everyone, welcome to Thursday.

Yesterday ended up being the first time since December that the market went up for 3 days in a row. It's been a spectacular blast, with the DOW gaining 1000 points from the intra-day low set one week ago.  It's got a lot of folks breathing easier, and hey....that's what it was designed to do. The whole exercise was designed to get us away from the January lows and "save" the market from a melt down.

2.17.2016 - Insiders Club Bookmark

2.17.2016

Morning all....

My morning has been tossed a curve ball, as an appointment with an Orthopedic for 3 pm, had to be rescheduled for 10:30 AM.  I am a creature of habit and I don't much like it when my routine is contorted. But I do need to see this man, so the normal 10:40 update won't happen. I'll post a second update after I get back from him and settle back into the office for a while. 

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