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4.28.2017 Bookmark

4.28.2017

Hi Folks, happy Friday.  

Yes we've made it to Friday, which is a good thing. Every week lately, tends to come with so much drama that I find myself looking forward to a break. Oh and what a break it will be, for me anyway.  Tomorrow's my birthday. As much as I've tried to fight it off, it had to happen and yes, I turn 60 tomorrow.  So, the wife has "surprised" me with a weekend away at a resort we like, and reservations at one of our favorite eateries.  

4.18.2017 Bookmark

4.18.2017

Good morning all, welcome to Tuesday. 

Well as you know... Yesterday they came back from the 3 day weekend hell-bent on putting on a show. And, what a show it was.  On the heels of lousy news on Friday, and the constant back and forth between N. Korea and the world... the market decided it was the perfect day to get back all the points we lost back on Thursday. 

1.27.2017 Bookmark

1.27.2017

Mornin' all, we've made it to Friday. I wonder what it brings....

Okay so we got our DOW 20K and yesterday we spent the session digesting that move.  While the DOW managed to inch higher, gaining 32, the S&P couldn't stay green and ended the day down a point. However once again there was horrible volume. At the end of the day the SPY only traded 60 million shares.  To put that in perspective, back on Nov 9th when they all decided that a Trump win might indeed end up being okay, the volume was 259 million. When you get an up day ( or down for that matter) on big volume, you know the move is confirmed. It shows that a "lot" of people traded a LOT of stock.  

11.29.2016 Bookmark

11.29.2016

Mornin all, welcome to Tuesday.  

Yesterday was a snoozer for sure, as the volumes were low and the market hovered in a fairly tight range all day. But from just about every angle it looked more like a pause, than a sell off. No one wanted to push it much higher, but no one was running for the door either.

10.28.2016 - Insiders Club Bookmark

10.28.2016

Good morning all, we've made it to Friday! Hurray!


Yesterday they once again couldn't get us green for the close. Certainly we were well off the lows, but green was too elusive

9.29.2016 - Insiders Club Bookmark

9.29.2016

Hello everyone, welcome to a new day. Let's hope we through it without the hysterics of yesterday. That's going to be hard however, as today we have FIVE Fed heads spewing garbage again. I can't imagine why they want to continue on the speech trail when every time they say something it contradicts something that someone else is saying.

7.29.2016 - Insiders Club Bookmark

7.29.2016

Good morning all, we've made it to Friday and even this is somewhat different.....

Last night wrapped up the Democratic convention. I listened to Hillary's speech, and while I'm biased against her, I tried to keep a level head and listen for substance.  Nope, I didn't get any. At one point it appeared like her hubby Bill had actually fallen asleep. I can't blame him.

4.14.2016 - Insiders Club Bookmark

4.14.2016

Morning all, welcome to Thursday.

Yesterday got sort of stupid. JPM is blamed for being the catalyst to the almost 200 point gain, but frankly they were nothing more than an excuse that pushed us up over that 2075 level on the S&P. Once we saw that,  and then the Atlanta Fed HIKED their GDP estimates, it became a short covering frenzy.

2.26.2016 - Insiders Club Bookmark

2.26.2016

Good morning all, we've made it to Friday. 

It's been quite a week, no doubt.

Yesterday they "did it". They pushed the S&P up and over that sticky 1945 - 1950 level, which has been very stubborn resistance. If they can hang onto that breakout today, we should see this market push for 1975, and possibly overshoot that level, landing around the 1990 area.

1.29.2016 - Insiders Club Bookmark

1.29.2016

Morning all, we've made it to Friday in what is proving to be quite a bizarre week.

Last night Japan completely took everyone by surprise by announcing they were implementing NIRP.  What's NIRP?  Negative Interest Rate Policy.

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