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9.25.2018 - Insider Bookmark

8.25.2018

Yesterday was an interesting "hot mess".  Whether the Rosenstein news was the cause or the excuse for a market fade, we did end up losing 181 DOW points and 10 S&P's.  The NASDAQ however, did an interesting move. It faded down and landed right on its 50 day moving average, and then bounced forcefully. It actually ended the day green. 

Or maybe the fade wasn't about Rosenstein at all. Maybe it was the 200 billion in tariffs that got them spooked?

9.24.2018 - Insider Bookmark

9.24.2018

Hello all, welcome back from your weekend. I'm hopeful it was a good one for you all. 

For those of you in the NC, SC, VA area,  I pray you're recovering from the flood waters and that some form of normality is creeping in.

9.20.2018 - Insider Bookmark

9.20.2018

Hello all, are you ready for another mindless run higher? If not, strap yourself in, because at least for the open we're going to see  new all-time S&P highs. That's what the futures suggest anyway. 

This morning we got the Philly read on their local economy and it came in at 21, well above the 15 expected. Initial jobless claims fell a bit. 

9.19.32018 - Insider Bookmark

9.19.2018

Good morning all, welcome to wonderland. 

There's a million things going on "out there" and each one of those things deserves a full article written about it. 

For instance, over in North Korea, Kim Jong Un has been meeting with South Korea's president, and word has it that the north has agreed to dismantle its missile facilities, and ultimately allow international observers on site. They are also going to "jointly" bid on hosting the 2030 Olympics. 

9.18.2018 - Insider Bookmark

9.18.2018

Hello all, welcome to a new day. 

The silliness continues. Yesterday the DOW fell almost 100 and the S&P fell about 16.  Supposedly that was because of the 200 billion worth of tariffs. But this morning the futures are bright green, with the DOW up about 70 and the S&P up 7. 

9.13.2018 - Insider Bookmark

9.13.2018

Hello all, welcome to a new dawn. 

Today might get a little goofy for me, as my sister ( Yes I have one sister) is flying in today to help with "Mom" for a couple weeks. Mom is still scheduled to be released from rehab tomorrow. Since we have an extra car here, instead of renting something, she'll use that. But it means running over and getting her from the airport.  No worries. 

9.12.2018 - Insider Bookmark

9.12.2018

Good morning all, welcome to Wednesday. 

For what ever reason you want to conjur up, the market put in a pretty good bounce day yesterday. The DOW ended up 113, the S&P picked up 10. 

This morning the futures are flattish with a bent towards slightly green if you add in fair value. 

9.11.2018 - Insider Bookmark

9.11.2018

Where were you?  You know exactly where you were. You woke up on 9/11, and  went about your morning. Then you started hearing about an airplane that somehow crashed into the World Trade Tower. It seemed like a horrible accident, but one that was certainly manageable. 
Then you heard of the second plane, and your entire world got tossed upside down. 

9.10.2018 - Insider Bookmark

9.10.2018

Good morning folks, we've burned through another weekend. Hopefully it was a good one for you all?  Mine was pretty subdued to be honest with you, although Saturday evening-night, was a whole lot of fun. That's a story I'll tell at a different time!

NOTE>> The rehab center my Mom's in, called Saturday and requested that I come in Monday at 9:30 for some form of program they like family members to go through concerning people getting released. They have Mom scheduled for a Wednesday release, and I guess they want to try and "teach" me what she's going to need. 

9.7.2018 - Insider Bookmark

9.7.2018

Hello all, welcome to Friday.

So, it's jobs day and the numbers are out. According to the bean counters, we created 201K jobs in August. The unemployment rate remained unchanged. Wages rose a bit, but June and July were revised lower.

Naturally I can't let a jobs report go by without mentioning the "Birth/Death" model, which this time injected 104K jobs into the report. Jobs that most likely, don't exist. 

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