Newsletter

Missed a name on leaders list…GOOG should be on there needing a pullback.

Futures are down a wee bit…typically after holiday, market has opened strong.   September notorious bad month. Doesn’t mean it has to be this month.   Do nothing this morning. MLNX gets upgrade and is up 3% premarket. Was sitting on 21 day. GLD is down a little…SLV is up a little. Will wait today…

Here is an updated leader’s list. Notice the word “tight” when mentioning a few. Tight action is what one wants to see when a stock is consolidating. A move off of these ranges make them potentially buyable.     AMGN-Sitting for 5 weeks as 50 day catches up. AAPL- Sitting for a whole two weeks….

[email_link] …even though Mr. Bubble did not announce anything today. He is printing still. He is at 0% rates still…and of course, much more to come. JACKSON HOLE, Wyo. (AP) – Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic…

[email_link] Continued SOURCE: https://www.npr.org

[email_link]   Continued SOURCE:  http://www.aol.com

Let’s see:   Eurozone unemployment worse than expected…Germany retail sales worse than expected…oops…Europe announces they are looking at buying up short term stuff. What happens? Euro soars…European markets up strong…we gap up almost 1%…and this all before the Fed…OR someone on crooked Wall Street found out what the fed is going to do and is…

I will be waiting for the fed at 10 am and will see what the idiot says and if the market reacts. i would love if the market just ignores him. Crappy day but no biggie for leaders. But market seems to be turning to the defensive side here so we are on watch.

[email_link] NEW YORK (AP) — Facebook co-founder Dustin Moskovitz is shedding another 450,000 company shares for a take of about $8.7 million. Moskovitz has been selling 150,000 shares a day and disclosing the sales every three days. Including the most recent sale, he still holds more than 130 million shares. The latest filing, made late…

[email_link] Stop telling us we do not understand. We have calculators. We see the numbers. We have good memories of how a ton of the stimulus was to build roads and infrastructure…but all we keep hearing now is we have to raise taxes for roads and infrastructure. You can talk blue in the face but there…