No complaints just yet. Market is due for a little stall or pullback but no biggie as of yet. In fact, we love quieter markets after a move up and that is exactly what we are getting so far. Our only other words are STAY WARM! We will have big market report over the weekend.
So the Prez is having a three day meeting on terrorism. But it has turned into nothing more than “why would they do such things?” We are sure we do not know of the meetings behind closed doors on what to do about the ever-growing Isis and their ever-growing list of death. We are somewhat…
2 Fridays ago, we told you we thought that bonds and the interest rate sensitive areas as well as gold and gold stocks should be avoided for now. We simply saw high volume drops from the highs or near the highs. Since, we have seen nothing but downside. At this juncture, bonds, utilities, reits and…
Full market report tonight but first Greece! We love Greece. We have visited a few times. Some of the most beautiful places on the globe can be found there. Santorini, Mykonos, Corfu are bucket list places to visit but there is a lot of crap going on there and it is all about the bucks….
SOURCE: http://www.ozy.com/acumen/when-more-isnt-better/4572
Major indices have either edged above breakout levels or are about to from 11 week trading ranges. If successful and all evidence so far looks good, do not argue. Remember, if the S&P 500 breaks out, that represents 500 names. If the NASDAQ 100 breaks out, that represents 100 names and so on. As we…
STORY: http://www.dailymail.co.uk/news/article-2951068/She-wanted-mom-did-Dog-Cissy-runs-away-home-travels-20-blocks-goes-inside-hospital-foyer-owner-recovering-cancer-surgery.html
What do you know? Sweden’s Riksbank is now delving into the negative interest rates world and also announcing their own printing of money to…you guessed it…buy bonds. The question is why would anyone buy their own bonds that have negative yields? Simple. They are following the template of Bernanke and the rest thinking it will…
Major averages are now on the verge of going topside. We never jump the gun but with yesterday’s action, we are getting closer. There is nothing bad about a move above the range…as long as the move holds. Aren’t we geniuses? The important part of yesterday’s action was the SEMIS. As you know, they are…
SOURCE: http://thehill.com/business-a-lobbying/232249-feds-wont-release-irs-targeting-documents
