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11.12.2018 - Insider Bookmark

11.12.2018

Good Morning all.  Welcome back from your Veterans day weekend. 

As always, I hope it was a great weekend for you all. Down here in Sunny FL, it was a good time, especially Sunday. The VA home in Port Charlotte put on a really wonderful ceremony and "BBQ" for all the Vets, and because my wife does business with them, we were invited to it.  That was very special. 

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.

5.7.2018 - Insider Bookmark

5.7.2018


Good morning everyone, welcome back from your weekend. Hopefully it was a great one for you all.  Down here in sunny Florida, the "season" is beginning to switch. The dry season started in November, and by and large, it simply hasn't rained for months. Sure we'd get the occasional spritz, but no real rain. But June officially starts the rainy season, and now that we're in May, the first looks at some rain are beginning.

4.25.2018 - Insider Bookmark

4.25.2018

Well that was interesting, eh?  In the morning I had put it on the table that there's still a chance for a pop and drop, and boy did we get a pop and drop. From up 130 in the early going, we were down 619 points a little after 2 pm. Then, of course the short sellers started covering and we bounced into the close with the DOW down 425 and the S&P off 35. 

3.28.2018 - Insider Bookmark

3.28.2018

Good morning everyone, welcome to Wednesday. 

It happened again. As you know I've been a bit shy of this market, and for days we've been sitting with no open positions. After the 669 point up day on Monday, many thought that this is is, it's up  up and away.  I wasn't so sure. Yes I expected a dead cat bounce. No I didn't expect 600+ points. But, one day doesn't a true trend make, and I wasn't thrilled about the way the market opened fairly big on Tuesday and actually gave it all up and went red. 

2.28.2018 - Free Investment Newsletter Bookmark

Here’s My Issue
 
Yeah, this is about guns again. If you’re an “anti” gun person then I’m sure what you’re seeing with these companies distancing themselves from the NRA is probably making you quite happy. I’m sure that seeing Dicks Sporting announcing that they’re no longer selling “assault” rifles is tickling you. But I do think you’re missing the bigger point here.

5.19.2017 Bookmark

5.19.2017

Good morning folks, another Friday has rolled up on us.

Yesterday became a bit comical to me. When  I sent out the 1 pm update the  DOW had come way off the morning high and was up just 38 points. The S&P was up just 4. There were a few wiggles that suggested that it might even go red.  But then "they" whom ever you wish to call them, all decided that it was time to buy things up and they had the DOW up 110 by 2:15. The S&P?  Up 14. 

4.21.2017 Bookmark

4.21.2017

Friday.  How on earth can it be Friday already? I don't know, but it most certainly is. 

So yesterday was "that day".  What day is that, you ask?  How many times have I moaned about the fact that you can't really go short this market, because it feels that at "any time" they'll put on one of those mindless 200 point romps?  I'd say I've mentioned that so many times you're tired of hearing it.  

4.4.2017 Bookmark

4.4.2017

Pretty much "in your face", no? Yes.  

Yesterday the market was in a foul mood and willing to trade considerably lower. In the first hours of the session we fell and fell, with the DOW down over 140 points at one moment. But then "magic" happened. As the DOW and the S&P touched upon their respective 50 day moving averages, they halted the slide, and started the climb back up.  About ten minutes ahead of the close, the DOW peeked green for a second before dipping down a bit again.  When the final bell rang we were down just 12 on the DOW, and 3 on the S&P. Magic I tell ya. 

Insiders Club- 8.4.2015 Bookmark

8.4.2015

Yesterday the market was well on its way to considerably lower prices for most of the day. As I said in the afternoon update however, I felt that they'd probably try and make a bit of a stand and bring us up a bit the closer we got to the close. Sure enough, I must have gotten lucky as they moved the market well off the lows, and in the last hour, they even rescued the 50 day moving average at the 2098 level. In fact so "amazing" is this market, that after being as low as 2087, they brought it right back and planted it smack-on the 50 day. Just like magic.

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