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9.17.2020 - Insider Bookmark

9.17.2020

Hello everyone, are we ready for what could be a very strange day? Good, me too. 

7.29.2020 - Insider Bookmark

7.29.2020

Hello all, welcome to what could be a very volatile day. 

Generally the day ahead of the Fed announcement/presser about economic policy is a green day. But yesterday that didn't happen. The DOW ended the day down more than 200, pulling the other indexes with it. Why the change of heart? The list is long for sure. 

6.16.2020 - Insider Bookmark

6.16.2020

Did you see it happen? Yesterday heading into 2 pm, the DOW was still slightly red. Then "BOOM!" up it went for 240 green points. Why? The Fed announced it is to start buying individual corporate bonds!  Can you believe this? The fed is now going to own parts of major corporations! Actually that's old news, but hey, if you can rehash old news and turn a red day green, why not go for it?

6.10.2020 - The people have no clue Bookmark

Today's letter is up and in it, I rant about the idiots across our country looting rioting, burning, killing and ruining the lives of so many innocent business owners. What the hell is wrong with these mutants? We live in a Country with so much luxury and comfort compared to billions of people around the globe. And they want to destroy it?  

 

825 million people go to bed hungry around the world. 9 million die of starvation every year. Yet here in the  US we have food stamps, and food banks. Even the poorest have running water and community water. Every person in this country is richer than 2 BILLION people in third world nations.  What's the issue? They're spoiled brats that have never known what really hard times are. 

 

So yeah, today I go off about that. In the market section, we talk about the Fed meeting Wednesday, and what Powell had to say about rates and policy going forward. Basically in a nutshell, he's printing and keeping rates at zero for ever. Give it a read. 

6.10.2020 - Insider Bookmark

6.10.2020

Morning all, welcome to Fed day. Yes, today we'll hear from our insane Central banker about what they think is going on in the economy, and what they're going to do about it. 

5.22.2020 - Insider Bookmark

5.22.2020

Good morning folks, it's another Friday thing.

NOTE>> There will be no afternoon update today, as the wife and I are finally getting a weekend "away."  It's been 8 months since we've been "out" so to speak, because of her Surgery/chemo/radiation. 

So yes, at 11 am, we're leaving for a glorious 3 night get away, as our friends have donated their beach Condo to us to use. How wonderful is that! 

5.21.2020 - Insider Bookmark

5.21.2020

Morning everyone, welcome to another day. 

So yesterday they put in a big time up day. You could come up with half a dozen reasons for it, but mostly it's just about all the Fed money sloshing around. 

5.18.2020 - Insider Bookmark

5.18.2020


Morning all, welcome back from the weekend. I hope it was a good one for you all. 

Have you ever had those jobs around the house that you know you have to do, but you put it off and off and off? Sure you have. Well I had a big one like that, which I finally tackled with my son.

4.27.2020 - Insider Bookmark

4.27.2020

Hello everyone, welcome to a new week. And oh boy what a week it's going to be. 

It has already started with pretty big news. 

First off, Diamond offshore, DO, has filed for bankruptcy.

4.7.2020 - Insider Bookmark

4.7.2020

Morning all, it's a new dawn. 

So... yesterday they rejoiced about the news that it appears that the number of new cases in NY and deaths, are showing signs of slowing. While I'm more than happy about that, as the best news would be that this bioweapon gets put to rest, I'm pretty amazed at how "the market" thinks things will be just rosy in no time. 

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