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11.22.2018 - Happy Thanksgiving all! Bookmark

First off, a hearty "happy Thanksgiving" to you all. It's my favorite holiday of the year, and in today's letter I explain why. But then I also put out a public service announcement concerning an event that just happened to us. 

 

I suggest you read today's letter, it is VERY important.

 

Again, have a tremendous holiday and spend it with those you love. It's a great day. 

11.21.2018 - Insider Bookmark

11.21.2018

Good morning all, welcome to Wednesday. 

First off, since tomorrow the market is closed in observance of Thanksgiving, let me grant you all the very nicest of Holiday wishes. Thanksgiving has always been my favorite Holiday, simply because we're all so wrapped up in the daily grind of life, that sometimes we forget to say "thank you" for the good things we do have.  Thanksgiving gives us that pause. Even the name itself makes you step back, take a breath and realize that no matter what, there's things you can be thankful for. 

11.19.2018 - Insider Bookmark

11.19.2018

Hello everyone, welcome to a Holiday shortened week. As usual I hope your weekend was spectacular.  Ours simply wasn't. It wasn't a bad weekend, but we just didn't get a chance to do any exploring or hiking or biking, etc. We had so many things to do around the house that before I knew it, the weekend was gone. 

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.

7.2.2018 - Insider Bookmark

7.2.2018

Good morning all, welcome to the fourth of July week. Naturally the market will be closed on Wednesday for the celebration,  but please note that the market will close at 1 pm on Tuesday also. 

5.31.2018 - Insider Bookmark

5.31.2018

Good morning all, welcome to another day in a Holiday shortened week.

It's been a crazy week so far. Huge down day Tuesday, big up day Wednesday.  So what does today bring us?

Well, the futures are relatively flat this morning. Like so many days, they've improved since 6 am, and now at 8:15 we see the DOW up a couple, the S&P up 1.

I have to figure that we'll see a few more points added to the pot this morning, as they certainly went all in trying to save this thing from rolling over.  With the small caps putting in an all time high, they'll try and use that to pull the rest of the market higher.

There's been a bit of buzz over GM, as Japan's softbank is investing over 2 billion in their autonomous car venture.

Frankly, I'm too old. I don't want a car that drives for me. Hell, I don't even much like being a passenger when someone else drives. But again, I'm old.

I picked up some QQQ yesterday, taking 200 shares at 170.04.

Is there anything else that I want to add out there?

ATHM looks interesting. It broke out yesterday, so lets see if it takes a little dip this am, and then surges again.

CERS is  looking attractive here. It ran up to the 7 dollar level in early May and has been consolidating sideways ever since.  A move over 6.80 could set this one free.

The IBB is the biotech ETF, and it's been trying to make a move lately. Yesterday it did pretty well, and "could" be setting the stage for more. So we'll watch that.

As much as I'm not a big fan of facebook, it is cruched right up against a resistance that it failed at back in early May. We'll need to see if it makes it through.

So, there's things to watch, and as long as we don't get any goofy news out of Italy, we "should" see them try for a few more points.

Let's chat at 10:40 and see where we are. 

3.26.2018 - Insider Bookmark

3.26.2018

Good morning all, welcome to a new, and "holiday shortened" week. Yes folks the market is closed on Friday for the Important Religious holiday, and for that I say "good!" 

So, how was your weekend? Down here in Florida, once again the Weather God's were smiling all weekend.  I know what my friends on the Jersey shore have been going through and no, I'm not rubbing it in. But there are times, and this weekend was one of them, where I don't think you could ask for anything better. A cool 60ish morning, steadily warming to about 78, with that deep blue, horizon to horizon sky.  This is why people come to Florida. 

12.7.2017 - Insider Bookmark

12.7.2017

Good morning everyone, and welcome to a new day. 

NOTE>>  Today my wife is throwing a little Holiday party for her employees to drop by the office, pick up a gift, and have a bite to eat. So chances are good that I won't be posting an afternoon update, I'll probably be helping her host her little gathering.

11.20.2017 -Insider Bookmark

11.20.2017

Hello everyone, welcome back from your weekend and into the Holiday week. Remember this week only has 3.5 trading sessions in it, as we'll be closed on Thursday and a half a day on Friday. 

11.23.2016 Bookmark

11.23.2016

Good morning everyone, welcome to the eve of Thanksgiving.  While everyone has their favorite Holiday, Thanksgiving has always been mine. Yes Christmas is wonderful, as the meaning of the season is so important. But in Thanksgiving we get one thing that can resonate with everyone regardless of race, creed, color, etc.  That thing is... the reminder that every single one of us has something to be thankful for. Many of us are blessed in ways we don't even understand simply because we live in the US, and don't have to endure the squalor that so many billions contend with.

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