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1.25.2017 Bookmark

1.25.2017

Good morning all, is today the day?   After a month of trading sideways, they decided on some random Tuesday (yesterday) that is was finally time to go back and attack DOW 20K.  Why yesterday? You can all come up with your own ideas, but the bottom line is that there wasn't really any catalyst. Earnings are still coming out as normal, meaning that if they used GAAP accounting they missed the estimates, but if they report "non GAAP" they're all basically beating estimates. Then of course we have more companies announcing they're going to take on debt and buy up more stock.  So nothing's changed there. 

10.14.2016 - Insiders Club Bookmark

10.14.2016

Good morning all, we've made it to Friday. It's hard to believe how much has happened this week. From the second debate, to the "video" to the wikileaks to you name it, there's been no shortage of "things' going on. Frankly I'm tired of all of it. These are the days I wish I owned a little island in the middle of nowhere. 

9.30.2016- Insiders Club Bookmark

9.30.2016

Good morning all, welcome to Friday. We've made it.

Yesterday was significant. Why do I say that? Because today just about every main stream media outlet is talking about how there's "no way" That Deutsche bank becomes a Lehman event. How the German Government wouldn't let it fail. How it isn't the same situation as Lehmans, etc.

9.22.2016 - Insiders Club Bookmark

9.22.2016

Good morning everyone, are you fully prepared for a Post Fed day romp?  Frankly I'm not but, at least for the open that is what it looks like will happen. We have the DOW futures up 70 and the S&P up 8.  All because the Fed's couldn't be independent enough to hike interest rates a quarter of a point.

9.13.2016 - Insiders Club Bookmark

9.13.2016

Good morning all, welcome to a new day....

One could ask... what the heck was Friday all about?  A 400 point drop out of the clear blue over someone suggesting they might do a 25 basis point hike??  Then Monday rolls around and after a soft start, we soar for 250 DOW points... but more importantly, the S&P runs ALL THE WAY BACK to being "inside the box" again.  Really?

9.1.2016 - Insiders Club Bookmark


9.1.2016

Hello everyone, we've made it to September. It's really hard for me to believe that we're in the 9th month already. Sheesh, it feels like New Years was just a "little while ago".  I guess time does speed up the older you get.

So yesterday they "tested" the lower band of the expanded box, hitting a low of 2161.  (2160 was the bottom of the range)  Then we bounced from there, but they couldn't get us into the old range of over 2175. We ended the day at 2170.  So does it surprise anyone that we see the futures green this am? Not me.

8.19.2016 - Insiders Club Bookmark

8.19.2016

Good morning all, welcome to Friday. Frankly it couldn't get here fast enough if you ask me.

8.5.2016 - Insiders Club Bookmark

8.5.2016

Hello everyone, we've made it to Friday. However it's Jobs Friday and we have to get past that.

Yesterday was a low volume, boring session that basically just existed to keep the market flat ahead of today's jobs. However, like many days lately...as the big averages didn't do much, there was movement inside the averages.

8.1.2016 - Insiders Club Bookmark

8.1.2016

Good morning all, welcome back from your weekend. As always I hope it was a great one for you all. We didn't get our customary bike ride and beach walk in this weekend, but that's okay...we gave it up for a good cause. The wife was helping her friend with some techno "stuff".   However, did you all happen to catch that "stunt" on Saturday evening? Planned for almost 2 years, this guy jumped out of an airplane at 25,000 feet with NO parachute. No wing suit. His target was a 100 by 100 foot "net" suspended in the air by 4 large cranes. And he pulled it off. Wow, what an incredible feat.  If you haven't seen it, by all means go here and watch it....   https://www.youtube.com/watch?v=nVQKW6qV3fA

6.10.2016 - Insiders Club Bookmark

6.10.2016

NOTE>>>>>>!!!!!!

The normal 10:40 update will NOT happen this morning. I completely forgot that I'm going to be going on a tour of our local "Meals on Wheels" facility this morning. I helped them with a fund raiser a few weeks ago, and they invited me to tour their operations.  It slipped my mind until last evening, but it is indeed this morning. So I'll be gone from 10 am until about Noon or so. 

Sorry about that, I usually warn you guys a couple days in advance if I'm going to be missing an update.  I simply "spaced out" on this one. 

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