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3.5.2019 - Insider Bookmark

3.5.2019

Morning all, are you ready for some more crazy? 

Yesterday, the market rolled over, peeling off 400 DOW points and looking "ugly".   But then the magic happened and they cut that loss in half. The S&P was really looking horrid, and when the final bell rang, it was only down 10 points. 

2.11.2019 - Insider Bookmark

2.11.2019

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

Down here, mother nature showed why so many people head to Florida for the winter. Both Saturday and Sunday were picture perfect days, with temps in the 80's.  We pretty much wasted Saturday doing routine "stuff", but did manage a wonderful walk on Sunday. 

1.25.2019 - Insider Bookmark

1.25.2019

Good morning everyone, another one of those Friday things has rolled up on us.

Yesterday was another roller coaster day, however it was evident that they like technology. While the S&P eeked out 4 points the NASDAQ grabbed 47. The DOW just couldn't quite figure it all out and ended the day red by 22. A pretty flat day all in all. Of course that is if you weren't in something like LRCX!

10.12.2018 - Insider Bookmark

10.12.2018

Good morning all, we've made it to Friday, and boy what a week it's been. 

The DOW has now fallen for 1300+ points in two sessions. That puts it below its 50 and 200 day moving averages. The  S&P has fallen through both its 50 day and it's 200- day moving average, despite those two indicators being over 110 points apart.

This has been a wicked fast "correction" and no support levels or technical indicator lines have worked to stop the carnage.

7.3.2018 - Insider Bookmark

7.3.2018

How rich was that? All day, and I mean literally all day the DOW was down about 120 and the S&P was down 10. But hey, it's the first day of the new month/new quarter and they can't have their precious market looking weak, so what happens? They engage the magic levitation machine and up we go, ending the day green across the board. 

Is that the results of millions of individual investors across the globe, all  deciding it was the perfect time to save the 50 day moving average? HELL NO.

6.8.2018 - Insider Bookmark

6.8.2018

Good morning everyone, welcome to yet another Friday. Once again, this week has flown by me, catching me off guard. 

Okay, so yesterday was, well, odd to say the least. They didn't like tech any more, Piled into the DOW and couldn't figure out what they wanted to do with the S&P. So when it was over, the DOW had 95 new points, the S&P lost 2. The NASDAQ was the dog of the day, at one point down 90. 

4.19.2018 - Insider Bookmark

4.19.2018

Hello everyone, welcome to this new day.

So, if you saw last nights letter, you see the line I drew on the S&P chart, showing where the index had been running out of gas along a descending resistance angle.

2.26.2018 - Insider Bookmark

2.26.2018

Good morning everyone, welcome to a new week! I certainly hope that your weekend was really special and you got a chance to share it with your wife/kids/friends/family etc. 

2.16.2018 - Insider Bookmark

2.16.2018

Morning all, it's Friday and not 3 days too soon. 

NOTE>> The markets are closed on Monday for President/Washington's  day. So yes, this is a 3 day market weekend.

1.17.2018 - Insider Bookmark

1.17.2018

Well now... what the heck was that?  Yesterday we came out of the gate rippin and snortin. We had 287 points in the DOW in seconds. But as the day went on, not only did we lose "some" of that, it got totally wild in the late session. 

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