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9.30.2017 - I Forgot! Bookmark

 

Hi all, I just wanted to alert everyone that the newest free investing newsletter is now posted on the site. It appears like the last two letters we posted, I totally forgot to update the front page and let everyone know it was there and outline what they were about. Well, in today's commentary we're talking about human nature, and the concept of goodness. Then we talk about the market's insatiable drive higher, that is confounding so many people.

But over the past week, we've talked about such varied topics as "staying cool in a no power situation" and the evils of Ethanol gas. So by all means make sure you give the latest letters a read. I think that both of them will be real eye openers to a lot of people. 

10.1.2017 - Free Investment Newsletter Bookmark

The Honest Mechanic

 (and other anomalies)

Today I’m not going to rail against the bankers. I’m not going to whine against the Fed, or call Wall street any dirty names. Nope, today I’m going to talk about something that seems to be missing from society lately. The concept of being a good person.

 

What brought this up? A few things, all bundled into a short period of time. First off, I learned quite late that a “friend” of ours had spent the hurricane and the next 16 days in the hospital. Suffering from an ulcer, he was overtaken with vomiting and actually tore his esophagus and collapsed a lung. He almost died.

Any time something like that strikes, it takes you by surprise and gives you that kick in the head to tell you “hey, slow down, remember your friends, say a kind word, etc.” 

 

But it was my trip to the mechanic’s this week, that really got me pondering just how much society has appeared to change. Quite often when the conversation tends to focus on the typical mechanic, it can get pretty harsh. I’ve heard them called rip-off artists, and all manner of criminal. How many times do you hear someone say that some mechanic did 300 dollars worth of work only to find out he really only replaced a 20 dollar part that took him 20 minutes?

9.29.2017 Bookmark

9.29.2017

Good morning everyone, welcome to a new day. Oh, and a Friday no less!

Yesterday they put in another low volume "up" day, and they weren't going to let anything take it away.  But then, it's easy to "create" an up day when the total volume of shares traded on the SPY is only 44 million.

9.28.2017 Bookmark

9.28.2017

Good morning all, welcome to a new day. 

Wasn't yesterday a hoot? Out of the gate big, pushing for new highs, and then all of a sudden the air came out and from up 80, we went red by 26. The details of the tax reform plan was being "leaked" and they didn't love it.  
But then Trump got on TV in a live interview, and he pushed it as the best thing since sliced bread. The market bought it hook, line and sinker. 

9.27.2017 - Free Investing Newsletter Bookmark

Ethanol, the Problem
 
The other day I wrote a piece about dealing with the heat of Florida during a power outage, where the temp might be 94 degrees and the Humidity over 85%. I mentioned that a good gas generator, and a small window air conditioner can indeed get you through some rough nights.

9.27.2017 Bookmark

9.27.2017

Hello everyone, welcome to a new day.

Yesterday the market went to sleep. There is always some movement "somewhere" no matter how flat the indexes are, and we saw that in a few individual names.  But overall it was a lackluster session.  I think the reason the market was so flat, was because it was divided 50/50 over what the hell Yellen actually said. Some think she was hawkish, some dovish. So, they didn't quite know how to respond. 

9.26.2017 Bookmark

9.26.2017

Good morning everyone, I hope the morning finds you well. 

Yesterday we had a "red" day. Late in the afternoon, they did their best to get us off the worst levels and when it was all over, we had the DOW off about 55, the S&P off about 5. In a market this tall, that's not even a rounding error. Some were blaming the fall on the increased rhetoric between NK and the US, but I don't really buy that. In the beginning acts of the war of words, the market would indeed get shook up over the strong language, but after seeing "nothing" happen time and time again, they've learned to ignore it all. 

9.25.2017 Bookmark

9.25.2017

Hello all, and welcome to Monday. I hope your weekend was wonderful, and you really got a chance to enjoy it with family and friends. Ours was pretty subdued as my bride is fighting a cold that won't let go, and rest is always the best strategy.

9.22.2017 Bookmark

9.22.2017

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

Well that didn't take long. Yesterday, Trump announced new sanctions against North Korea, and also stated that the Chinese would indeed be willing to stop all banking transactions with the nation. Around the Asian sphere, other nations curtailed their dealings with Kim, including stopping the shipment of oil to his country.

9.21.2017 Bookmark

9.21.2017

Hello all, good morning to you. 

So, we got past Yellen and her FOMC cronies.  The "plan" they say, is to start taking down their balance sheet in October, an exercise that will last a long long time. We also learned that 12 of 16 Fed heads still favor another rate hike this year. 

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