Latest Posts

Markets do go down every now and then. I know that’s anathema (big word) to many but markets do go down. Markets do not necessarily need a reason. It can just be demand finally gets pooped out while supply picks up. What a concept! It can be that the S&P is up this year enough…

SOURCE: http://www.telegraph.co.uk/news/2017/07/06/one-million-patients-week-cannot-get-gp-appointment-statistics/

Markets beyond overbought. Markets beyond stretched and extended. Retail investors plowing in at numbers haven’t ever seen. Valuations upper end of historical levels. Sentiment off the charts bullish.  The good news is that getting this overbought tells you how strong things have been. We just worry about climactic action as it is great while it…

FUTURES ARE UP! DUH! Watch INTEL (INTC) as it gaps open on a base on base breakaway gap. SEMIS have been under pressure as LRCX opens up $9 yesterday and finishes down $10. Other than that, should be at 30,000 by late next week. (SARCASM) I think. More on the weekend report.  

Everything you say, everything you do is watched over and regulated. No lessons being learned. SOURCE: http://reason.com/blog/2018/01/25/california-bill-would-criminalize-restau

The ECB…amazingly AMAZINGLY, left rates the same…a negative .4%. And you want to know why markets do not pull back.  That’s a NEGATIVE .4%.