Market Look

—-   “AUNT MARY AND UNCLE BOB!”—- —-By Gary Kaltbaum- September 15, 2017—- —-This email is being sent to the President!—-  —–Aunt Mary and Uncle Bob did not have a lot of money. They were living paycheck to paycheck, just getting by. But Aunt Mary and Uncle Bob were efficient with their lives and their savings….

Office back up…house still down…but being told by Sunday! 2 big hurricanes with massive losses, North Korea, another attempted London terror attack (did not fully detonate), inept Washington…and markets still cannot correct more than 2%. In fact, a few indices have gone topside.  When markets ignore supposed bad news and actually go up, it is…

Sorry about pre-market…still no phones or internet at office. Hotspot was spotty. Still nothing at the house. Yummy. I know they are working hard around Florida to get things up so no complaining. As I write this: THE SEMIS (SOX) looks poised to break out of a 14 week trading range. The SOX topped on…

No power at home. No phones or internet at offices. Yippeee! But we are grateful as we know so many have it so much worse…and we are thinking of them. We hear over 25% of the homes in Key West have been lost. Wow! Another good day yesterday as new highs pick up, the tone…

The direct inverse correlation with the financials and interest rates continues…that’s long end interest rates. As the 10 year yield was whacked down to 2%, financials headed lower with with the regionals bearing the brunt. All it took was rates to back up for 2 days and we get a 2 day romp back up…

Power being restored. I am one of 4 houses in community still without but hopefully soon. Go to my twitter feed to check out amazing pictures at my house. A bunch of big trees down but amazingly, went down away from the house instead of on the house. Great day in the market yesterday. Last…