Deeply affected by the massacre at Sandy Hook, gun owners in Camden, New Jersey, America’s deadliest town, turned in a record number of weapons in a buy back scheme over the weekend. 1,137 firearms including an elephant-gun were handed in on Friday and Saturday at two churches in the crime-plagued town as the ramifications of…
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Futures are up a wee bit. ORCL gapping up on numbers. Doesn’t take a rocket scientist to say near term, markets overbought but it is that time of year. Hoping some stronger names pull back versus new breakouts but we’ll take it as it goes. Will be back intraday if I see anything new on…
https://archives.warpradio.com/btr/InvestorsEdge/121818.mp3 JUST LETTING YOU KNOW With 8 1/2 days left of trading before the end of the year, the boys are getting the job done. Remember what I told you. Last year the week before Christmas, the S&P was up 4.1%. Guess what? We’re not even into Wednesday and we’re already up 2.3% in two…
This is the type of market I like as I can talk less and just give out stocks and pivots. Today, AMZN blew past the pivot. EBAY just needs to pop out. CRM is cooking. AMGN still sitting. The plan was to come into the week and also buy the market off the pullback…and so…
Before we get started, my prayers go out to the families affected by the senseless tragedy in Connecticut. My heart aches over the interviews I have been watching of the parents who lost a child. Frankly, I don’t know what I would do if it was my child. The anticipated end-of-year rally that this report told…
Futures up off of yesterday’s momentum, Xmas trading and lots of financials being upgraded this morning. On top of that, I count 4 analysts defending AAPL. Changing one thing…since C is upgraded…wait this second to enter. I will advise. Do keep in mind, most major indices are just back into the middle…
Well…the rigged market moves on cue. It is end of month, end of quarter and end of year…so the first set-up ramps. In case you didn’t know, here was the news today….GE lowered their numbers and economic numbers were terrible. That should lift markets? Yeah…that’s the ticket. You can be in a depression but with…
https://archives.warpradio.com/btr/InvestorsEdge/121718.mp3 JUST LETTING YOU KNOW You all know what happened on Friday. My kids do not know this, but this weekend I basically spend it looking at them. They don’t know this and I didn’t tell them. And the only thing I thought about is… What are these parents thinking? How are they feeling? Because,…
Father-son talks are always difficult, but it was time to teach my teenager about how things work. I dragged him to our local branch of Wells Fargo and opened a checking account with ATM card privileges and a savings account where he deposited his hard-earned umpiring cash. Having worked on Wall Street for 25 years,…
