Sunday, November 19th, 2017

On Friday the 13th, 2009, US congressman Peter DeFazio introduced H.R. 1068 “Let Wall Street Pay for Wall Street’s Bailout Act of 2009″ which seeks to impose a 0.25% transaction tax on the sale and purchase of financial instruments such as stocks, options and futures in order to recoup bailout costs. This is a devastating […]

Stock Market is again moving lower and ended at lowest point since November but not undercutting November lows. SPX and NDX still have some room to go down before they violate November lows. We are in trading range if these lows held up in coming week and may see a bounce.  Gold lately has been […]

Market has been watching carefully eyeing Obama’s Economic package being hustled in the Halls of Congress. There is one thing than another and another and the process seems to go on for ever. Its a huge bill worth about 850 billion in seed money that will be needed to jump start our economy after Dubya crashed it […]

The month came in like a Lion and went out like a lamb. Net effect not much. Markets are trading in a range after stock markets major declines from last year, building confidence, and a floor, perhaps from where markets may launch higher. There was no shortage of bad new all month long. Lots of bad […]