We went to the Mardi Gras parade in Nevada City Sunday. It had a huge turnout and was terrific as always. This has been going on for all the 17 years I have been in this area. It used to be called the Joe Cain parade, in honor of a Read More
The Nasdaq 100 has been going sideways now for over a month, while the other markets Dow, SP, and Russell have been trending upward (at least till the end of Jan). Look at this hourly chart of the NDX. Simply buying around 2725 and selling around 2745 you would have Read More
I found this chart on Zerohedge today and was amazed at its symmetry and the likelihood of it playing out. However, I think the SP could drop to even lower than 1100. It is way overdue.
My lovely wife, Kate, woke up this morning to find one eye would not open, a snotty nose, and lots of aches and pains. The sick eye apparently has something called “pink eye” and finally did open after being coaxed with a little warm water. While her cold, that she Read More
A couple things to point out on this comparison graph of tax changes from 2012 – 2013 The brackets all increased by inflation so you could make a bit more and not move to higher bracket You would have to see your adjusted taxable income (net after deductions) go beyond Read More
It only makes sense to have some reasonable gun control laws. This country has vastly more gun related deaths than any other civilized country and its all because of the NRA control of congress. It just amazes me at the flimsy-ass excuses these fanatics make over background checks and ban Read More
Apple has had a tremendous, parabolic rise followed by a huge drop from 705 to 435, over 38% drop in price, in market value. Wow! But after such a meteoric rise what would one expect. (Interesting that 38% is a Fibonacci number.) Here is the daily chart first. Strong downtrend Read More
Dow: On a long-term basis looking at the monthly charts .. all is bullish, with a couple of caveats. Its nearing the previous high of 14,198 but has yet to take it out. The ADX is not showing a strong trend, as compared to say 06,07,08 since it’s under 30. Read More
This is great! The comparison of financial stats on Apple vs. Amazon. Go thru the graphic below, starting at the top until you get to the bottom and most likely your response will be WTF!!?? The markets’ reactions are so often a surprise.
The Dalai lama, when asked what surprised him most about humanity, answered “Man. Because he sacrifices his health in order to make money. Then he sacrifices money to recapture his health. And then he is so anxious about the future that he does not enjoy the present; the result being Read More