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3.20.2019 - Insider Bookmark

3.20.2019

Hello everyone, it's FOMC day. Are you ready?

Frankly I don't know what you should actually be ready for. Yes we're going to get "no rate hike" and yes Powell is going to hold a press conference thereafter.  But are we going to get anything with teeth in it?

3.19.2019 - Insider Bookmark

3.19.2019

Good morning all, welcome to the first day of the FOMC meeting, which is also known as Tuesday. 

Yesterday the market was hugging the flat line for hours, which made perfect sense. Why did that make sense? Well, we had broken out over resistance, and it is usual and common to simply pause and catch its breath. 

2.6.2019 - Free Investment Newsletter Bookmark

The Bear Bounce
 
If you're even loosely connected to the stock market, you know that back in December the wheels flew off things. 70% of the listed stocks fell more than 20%. Some fell 50. It was fast and it was harsh.
 
But then the spirits flipped and from the end of December until now, stocks have roared higher. Day after day it seemed, the market could only go up. That of course has the TV stock evangelists proclaiming that the new bull market was back in effect, and we've got years of ever rising stock prices ahead.

1.29.2019 - Insider Bookmark

1.29.2019

Hi everyone, how's your morning going?  Mine took an interesting little twist. 

If I'm not going to my wife's office, I usually play the good husband role and go out and squeegee the car windows for her. Down here in Florida, your car is covered in dew every single day if it's outside and not under a tree or tarp. 

11.8.2018 - Insider Club Bookmark

11.8.2018

Hello everyone, welcome to a new day. 

Out in California, it certainly isn't a pleasant one. Last night "someone" evidently walked into a "Country" style bar that features line dancing, etc, and started shooting people. Word is 13 dead, many wounded. 

5.2.2018 - Insider Bookmark

5.2.2018


Good morning all! Welcome to Wednesday.

3.20.2018 - Insider Bookmark

3.20.2018

Good morning all, welcome to Tuesday. 

Yesterday.  Hmmm. What to think?  

Early in the session, it seemed like they were going to come in and buy the morning dip, and send us up to "flat". But after a brief surge higher, it sort of just evaporated, and as the morning progressed, they accelerated things to the downside. At one point the DOW was down 496 points and the S&P was down 51, when they finally decided to stop the bleeding and get us off those lows. So we ended the day down 335 and 39. 

3.19.2018 - Insider Bookmark

3.19.2018

Good morning everyone, welcome back from your weekend. I truly hope it was a good one for you all. Down here in Florida, the weather God's smiled on us about as nicely as one could ever ask. Both Saturday and Sunday started out cool and brisk, not a cloud in the sky, and warmed up to that perfect mid 70's temp that everyone loves.  You don't know how much I wish that weather was the standard down here! But no, in a very short period of time, we'll be back to baking in 94 degrees and 85% humidity. So as you can imagine, we're "all about" enjoying this as much as we can. 

2.1.2018 - Insider Bookmark

2.1.2018

Hello everyone, welcome to Thursday. 

Yesterday was a hot mess. A big start to the day fizzled  out,  and the session was dominated by long periods of sagging, followed by push attempts. At  one point in mid session the S&P had gone red and the DOW was only up 14, before they rescued things for the close. 

1.30.2018 - Insider Bookmark

1.30.2018

Morning all, welcome to the madness. 

Okay, so the first thing that happened was that yesterday the market started getting a little fidgety over interest rates. The ten year had already broken over 2.7%, and we have Janet Yellen coming out on Wednesday to talk about interest rates. With the market at nosebleed levels and the supposed growth we're getting, some in market land got a little spooked and locked up some profits. The feeling was "What if Yellen ends her term being a hawk and wants even more rate hikes??"  It spooked them. 

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