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2.17.2017 Bookmark

2.17.2017

Hello everyone, we've made it to Friday. 

NOTE>>> the market is closed on Monday for the "Presidents day" weekend holiday. 

Yesterday a little air leaked out of our run up bubble. While they pulled off a win in DOW land by getting us green by 7 points, the S&P didn't make it, closing red by 2.  

2.16.2017 Bookmark

2.16.2017

Good morning everyone, welcome to a new day. 

A test?  Is today going to be a test of the resiliency of the market? I ask that because an article in Zero Hedge last night suggested that the bulk of this volumeless rip higher could be from a giant fund that was "forced" to cover all their shorts. While the mechanics of it do make sense, if it is proven to be true, and the reason that the volumes have been so low is because it's really only a few people and this giant fund "covering shorts".... we could roll over pretty hard. 

2.15.2017 Bookmark

2.15.2017


Good morning all, welcome to Wednesday. 

Before we get into the market this morning, I want to mention something. I've been hinting about a letter that I'm working on concerning the incredible "warfare" between the deep state establishment, and Donald Trump.  Here's a tweet Trump put out this am...

2.14.2017 Bookmark

2.14.2017

Good morning all!  HEY YOU GUYS.... do not forget it is Valentine's day!  If you have a significant other, by all means make him/her happy with a small token of how much you appreciate them!

2.13.2017 Bookmark

2.13.2017

Good morning everyone, welcome back from your weekend. I hope it was a great one for you all.  Just a heads up, this coming weekend is a 3 day event for us market watchers. The market  is closed on the 20th for Washington's birthday. 

2.10.2017 Bookmark

2.10.2017

Hello everyone, we've made it to Friday.  What a week it's been, eh?  Not a day goes by where there's not some drama concerning Donald Trump or the protestors, or what have you.  Then we had a Fed head saying that by reducing the balance sheet they might be able to do QE in the future. Then we had another suggest that a rate hike in March should not be off the table. Not to mention the uproar about Conway suggesting people buy Ivanka's products. Sheesh!

2.9.2017 Bookmark

2.9.2017

Good morning all, welcome to a new day. For our friends in the NorthEast, I wish you the best as you deal with the ice and snow. While my roots might lie on the shores of Southern NJ, I must admit I do not miss the snow, ice and cold.  Sure I have some ( and by some I mean just a few!) fond memories, however.  

2.8.2017 Bookmark

2.8.2017

Good morning all, welcome to a new day. 

The market is struggling here. While the animal spirits want nothing more than to see DOW 21K, 22K and even 25K...the will and the resources to get it there are lacking. Look at yesterday. After a  big push to all time new highs, it couldn't hold with the available volume and when we ended the day we were slightly below the old "all time high"

2.7.2017 Bookmark

2.7.2017

Hello folks, is today the day? 

Yesterday was an incredibly boring event, and when it was over the DOW lost 19, the S&P lost 4. Overnight the European markets were generally higher, leading to green futures for us here in the states. At 8 am we have the DOW up 60, the S&P up 6

2.6.2017 Bookmark

2.6.2017


Good morning all, welcome back from your weekend. As always I hope it was a great one for you.  A few notes about ours....

I guess it isn't professional, but I often inject personal stories into the updates. The "why" is simple. I'm supposedly still human. We all have issues that arise, we all have little victories, we all have experiences. Sometimes sharing them helps others learn something, or at least sympathize with some of the things that happen in their own lives.  So If I find something I find interesting, I'll share it. 

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