A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

3.28.2017 Bookmark

3.28.2017

Did you see it? You all know what I'm talking about....yesterday's late day ramp. 

After the rough open, where the DOW fell 190 points and the S&P was down almost 22, they clawed more than half  of that back by mid day. Then in the last hour, "there it was" as the S&P peeked into the green. The DOW got within spitting distance but couldn't make it. When the dust finally cleared, we had lost just 2 on the S&P and 45 on the DOW.  I had my hunch early in the day that they might try and take the market green and boy did they give it the old college try.  I figured they wouldn't want 8 red DOW days, but they just couldn't muster the oomph to get it there. So we did indeed put in our 8th red close, something not seen since....drum roll..... 2011.

3.27.2017 Bookmark

3.27.2017

Hello everyone, welcome back from your weekend. As always I hope it was a really good time for you and your family. 

Ours was fairly quiet, with nothing major going on. We did get in a really nice 4+ mile walk on Sunday, and the weather held up remarkably well again. But we also know that these wonderful days are numbered. We're just about to enter April and according to our local weather guy, in June the average daytime highs is....90. We're soon to go from high 70's to mid 90's with 80% humidity.  Enjoy this while it lasts Florida folks!

3.24.2017 Bookmark

3.24.2017

Hello everyone, what a crazy week it has become. I guess the best thing we can say is that it is indeed "Friday"

The fight is still on concerning Trump's Healthcare bill, and it didn't look too good yesterday. Frankly I don't think the bill he's trying to pass is any good. It's like Obamacare with bandaids. Flush the damn thing and start from scratch.

3.23.2017 Bookmark

3.23.2017

Hello all, welcome to another day of "as the market churns" 

We figured that the market would hug the flatline yesterday and it did just that. After a rocky open, we moved back up to the flat line and wobbled around it all day. When it was over, the DOW had lost 6, the S&P gained 4. But that's a tiny bit misleading because of the way the DOW is weighted. The fall in NKE was worth 28 red points. So as you can see, if NKE didn't whiff on earnings, the DOW would have been green too

3.22.2017 Bookmark

3.22.2017

Decision day. 

I'm sure that most of you are aware that the vaunted "108 days without a 1% fall" has  been snapped. Yesterday the markets put on a pout party, starting shortly after 10 am and it never recovered.  The DOW dropped 237, the S&P fell 24. 

We lost the "box" we'd been trading in. The floor of the box on the DOW was about 10750. We closed below it. The floor on the S&P was 2350. We fell below it. 

3.21.2017 Bookmark

3.21.2017

Good morning all, happy Tuesday to you. 

We are going to hope that today brings us a bit more excitement.  Yesterday was like the last 15 sessions...hugging the flat line, and going nowhere fast. How flat is this market? Well, except for the times when the Central bankers have "pushed the market", check this...

3.20.2017 Bookmark

3.20.2017

Good morning all, welcome to a new week and the first days of Spring!   I trust your weekend was wonderful and you all had a lot of fun things to do. 

The good news down here in Sarasota was that we had two picture perfect days. 75 - 77 degrees,and virtually not a cloud in the sky both days. The downside, was that it was very, and I mean very windy. 20 - 25 almost constant with a couple higher gusts tossed in. So as the wife and I were debating if we were going to go biking, or hiking... a friend called and said he was going to go King Mackerel fishing off the skyway pier. I'd heard of Don's technique but had never seen it done, we figured we'd do the 4 mile walk on the pier and see how he rigs up for those kings from the bridge

3.17.2017 Bookmark

3.17.2017

Happy St. Patrick's day everyone.   I very much wish to hope you all the best for your "Holiday".  I read some astounding figures about how much corned beef and cabbage will be cooked up this weekend and it was truly amazing. My wife's half Irish, and yes...at some point this weekend I too will be engaging in some.  ( Note.... If you take a nice slice of corned beef before you drown it in water and the spices, and put it in your smoker (If you have one) it makes a darned tasty snack) 

3.16.2017 Bookmark

3.16.2017

Good morning everyone. Welcome to post hike day. 


So we got the hike, and the market moved higher on it. We suspected that would be the result simply because of past experience with things that would naturally be thought of as "not market friendly"

3.15.2017 Bookmark

3.15.2017

Good morning all, welcome to Wednesday, Fed day and the Debt Ceiling day. 

Before I get started, I have to announce this.... The deal is "ON" for us today. This is the important note I posted Monday morning...

Social Media

Bob Recommends

Check out their one click technology for your insurance needs.

_____________________________