Newsletter

———–This is one of those stories I remember like it was yesterday.  I am not talking about remembering a major news event like the landing on the moon.  I am talking about one specific personal incident that again, I remember like it was yesterday. I remember the exact words. I remember my reaction. Because of…

We are being told we are in an earning’s recession. We are being told the economy is going into recession. We are being told the rest of the world is in trouble. We are being told the market has to drop because of all this. We have a response to all this. No it doesn’t….

——“I woke up this morning thinking it was going to be another great day. I’ve been celebrating with friends, family and the community since I turned 90. I’ve told you about the gracious gift of $117 million that was collected and given in my honor to four charities that mean a lot to me. All…

Strong DOW day yesterday as UNH soars on a flip flop from the prez on drug rebates, BA bounces, GS strong as long yields back up. Most of the rest of the market under-performed. Amazingly, the small and mid caps were again down. Normally we would tell you this divergence must lead to disaster but…

–We recently told you there was a darn good change big cap indices would go topside and break out of a long trading range. First off, the patterns were there but more importantly, we expected Powell to lower rates. We laughed at a few people saying Powell would not lower rates. We shall see how…

Mystery last minute pop yesterday gives strong NASDAQ day while DOW was down…no biggie. Futures down this morning when Powell told the world they are lowering rates at the end of the month. Futures now up nicely with major large cap indices opening into new highs. So…GDP in the 3s, unemployment in the 3s, major…