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10.10.2019 - Insider Bookmark

10.10.2019

Morning all, are you strapped in?

Not five minutes after I fired off last night's letter, I got an alert that the S&P futures were down 40 points. So, obviously something had happened. 

What happened was that there were "reports" being tossed around, that the Chinese said that there's no use in continuing the talks, and they were going to shut down and fly out this morning. 

10.9.2019 - Insider Bookmark

10.9.2019

Morning all.

It's sad how completely ruled we are by technology. This morning I got up, grabbed some coffee and wandered over to the office to see what's happening. 

9.24.2019 - Insider Bookmark

9.24.2019

Hello all. 

So yesterday they put in a flat day.After two down days, they decided to halt the fade, and keep us green. 

This morning the futures are up "fairly" strong, with the DOW indicated to open + 80.  Why? More jawboning about China trade.

9.12.2019 - Insider Bookmark

9.12.2019

Mornin all, things are moving along.

Yesterday I talked about whether Draghi was going to go with the bazooka, or be more restrained. Well the verdict is in, he came in "in the middle,"

9.10.2019 - Insider Bookmark

9.10.2019

8.16.2019 - Insider Bookmark

8.16.2019

Hi all, it's Friday. Again. 

So the futures are up pretty big. Yesterday we bounced for 100 points, and so far this am, we're indicated to be up another 240. 

What changed?  Not a whole lot, but there's been some things. Naturally, the "phone call" yesterday where the Chinese hoped the US could meet them halfway on trade was one. But then last night, the Chinese Government pushed about 3 billion into their banking system, and Trump said that another phone call with China is planned "very soon."

8.15.2019 - Insider Bookmark

8.15.2019

Good morning all, this has already been a crazy morning. 

When I first got up ( real early) the futures were green. Then there was news supposedly from China that they were going to "retaliate" if the tariffs go in place in September. 

7.25.2019 - Insider Bookmark

7.25.2019

Hello everyone, welcome to Thursday.

Well, Draghi didn't cut rates, which surprises me. The "fact" was/is that expectations by Wall Street  were for no cut today. I just thought he might belly up to the bar and give them a jolt. He passed on that, but laid out pure language that says "yes rate cuts are coming and oh by the way, we'll probably be doing QE by September"

6.4.2019 - Insider Bookmark

6.4.2019

 Good morning all, welcome to a new day. 

 NOTE>> My sister ( Yes I have one) is coming to town today to visit with my mom for a week. I've been elected to get her from the airport this afternoon. So, I may not have an afternoon update. 

5.29.2019 - Insider Bookmark

5.29.2019

Good morning all, welcome to Wednesday. 

Yesterday the market was pancake flat from 11 am to about 2 pm. Then things started to erode, and the volume started to rise. After being up as much as + 130 points after the open, the DOW closed DOWN 237 points and LOST its 200 day moving average

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