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4.26.2017 Bookmark

4.26.2017

Hello everyone...welcome to a new day. ( And what a strange day it could be....)

Yesterday they turned on the afterburners and put in a second 200 point day. Interestingly, the entire month of April didn't have one incident of back to back gains, and then Monday and Tuesday, we not only got back to back gains... they  were the two biggest up days since the Election almost 6 months ago.

4.25.2017 Bookmark

4.25.2017


NOTE>>>>>> 

Before we get rolling on the day's market activity I want to chat a bit about the mining stocks, the GDXJ, and the nightmare mess that's going on there. 

4.24.2017 Bookmark

4.24.2017

Good morning everyone, welcome back from your weekend. I hope it was a "ton-O-fun" for you all. Mine wasn't quite as wonderful as I was hoping. What I had in mind was a nice bike ride to the beach, then a good 2 mile stroll along the waters edge, followed by a great ride home. What I actually got however was "orders" to take down curtains, clean ceiling fans, etc.  Ha... !   Of course there were no orders, it was simply time for some spring cleaning. We have been so void of rain in Florida for the last 5 months that we're in a drought, fires are burning all over the state, and the dust is just ridiculous. 5 months of no rain makes for insane dust accumulation. 

4.22.2017 - Nothing Matters...and why Bookmark

One TRILLION dollars. Yes folks, the central banks of the world have purchased one TRILLION dollars worth of financial assets ( stocks and corporate bonds) in just the first quarter of this year. Now you know why the market flirts with all time highs despite Syria, N.Korea, falling retail sales, lousy PMI's etc. etc. Nothing matters because the Central banks are buying the market, keeping it up. 

In this weeks free investment newsletter, we quote the Zero Hedge article that shows where that number came from. Then we talk about the Plunge protection team that we have here in the US.  Yes folks, there is a group of folks who's job it is, is to keep our markets from falling. And we quote an ex member of that very team.  

So take a minute to read this weeks free investing newsletter and you'll understand why the market can act like superman, in the face of things that would take a "normal" market to its knees. 

4.22.2017 - Free Investment Newsletter Bookmark

Why Nothing Matters
 
Us Alternative type newsy folks are a strange breed. We’re not looking to shock anyone, we’re not trying to con anyone, we’re simply trying to spread the truth about things. Well, because of the Main Stream media and their agendas, the fact is that most people wouldn’t know the truth if they heard it. Why? It would sound so outlandish they couldn’t accept it as fact. I encounter that reaction almost daily.

4.21.2017 Bookmark

4.21.2017

Friday.  How on earth can it be Friday already? I don't know, but it most certainly is. 

So yesterday was "that day".  What day is that, you ask?  How many times have I moaned about the fact that you can't really go short this market, because it feels that at "any time" they'll put on one of those mindless 200 point romps?  I'd say I've mentioned that so many times you're tired of hearing it.  

4.20.2017 Bookmark

4.20.2017

Hello everyone, we've made it to Thursday, in what can only be called a wild week. 


NOTE>>>  I've been conned into going with my wife to her office today.  She needs someone to man the phones while her and some employees go to a meeting. I'll still be doing updates as usual, as I will have my laptop with me.  I'm only mentioning it because I'm sending the first update of the day a bit earlier than usual, as we'll be on the highway during the time I normally hit the send button. 

4.19.2017 - Chaos in play Bookmark

No matter where you look we're at war. Not just N.Korea and Syria, and Afghanistan...but in our towns, in our colleges, in our news. I've never seen our nation in such a contentious situation in my life. The social justice warriors clash with the right wingers, the Antifa folks, clash with the alt-right, free speech is getting shut down at google and You tube. 

 

In today's free investment newsletter, we discuss how this is affecting things. Then of course we look at the market and talk about the slow steady drip lower that we've been witness to. Does it mean a correction is in play, or is the market just bored? Today we take a look at the levels and what's important. 

4.19.2017 - Free Investment Newsletter Bookmark

It’s Not Just Syria and N. Korea

 

I have an elderly mom  whom we keep very close contact with. And for years on end, she’s had a habit of putting on the local news at dinner time, followed by “World news tonight” with David Miur.

4.19.2017 Bookmark

4.19.2017

Hello all, happy Wednesday to you. 

Nothing says chop more than gaining 185 points Monday, then puking up 113 of them on Tuesday.  Monday they were just happy that nothing went boom over the weekend and Tuesday they were sad because the great vampire squid that is Goldman Sachs, didn't steal as much money as they hoped.  After the bell, IBM whiffed and they were trading sharply lower after hours. I think I saw them down 8 bucks or so. 

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