Morning Update: January 20, 2014

Monday Jan 20, 2014

Second Session Starts Today

We were originally going to only broadcast the first session. On Wednesday the IT people got us HUGE bandwidth, so we are going to broadcast the second session as well.

Those in either session can hear the second broadcast.

Last Minute / NEW PEOPLE?

In addition, if you could NOT attend the live class or the first broadcast, but have time this week…..it is not too late to get into the second session. This starts today (Monday). We can overnight your materials and you will be up and running. Just contact the office at 1-855-RWT-0008. 

1-(855)–RWT-0008

NOTE: Maui ’14 people and POT people will receive separate updates

tomorrow as the markets are closed today. 

Dow Closed up 41.55 at 16,458.56

The Dow stocks were purchased and the broad market was sold as other indexes sold off despite the Dow closing higher. 

AAPL was smashed down 13.58 at 540.67.

A few hiccups with the China Mobile deal and the stock sold off. Long term though it is probably nothing, but that did not stop people from selling the stock in fear. 

The VIX down 0.09 at 12.44. 

The TLT closed up for the second day in a row after Bernanke’s departure speech. The ETF closed up 0.44 at 105.48. 

GLD = 120.93 up 1.14

SLV = 19.51 up 0.16

Closed down 0.96 at 170.01

Markets Closed – NO ECONOMIC NUMBERS

Yesterday

A quiet day in the markets. The broad market was down a little and the Dow was up a little. 

Today

Market Closed for MLK day.

Um…Dramatically unchanged since it is not going to open. I suppose this is going to be my most accurate prediction for the year. 

PLEA

Please tell someone you know that they do not have to be a victim in the government created stock market bubble. I don’t care where they learn to hedge from. Send them somewhere else if you like. Buy them our BASICS book for Christmas. Buy them someone else book But help a friend out. 

Attorney Stuff

DISCLAIMER (Seriously!)

Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the DailyPlanet newspaper.

We did NOT get any TARP money, so we are not aligned with any politician. We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesn’t mean a thing. The future is even scarier. There is no guarantee the sun will come up tomorrow. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.

Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time.

When reading this you acknowledge that you agree to hold harmless Random Walk, LLC, its employees, independent contractors, authors, managers, owner(s), spouses, children, cousins, friends, bail bondsmen, and favorite bartender. In fact, you agree to grow up, accept some responsibility for your own actions, and stop believing the media that sells you on how nothing is your fault. You further agree in the antiquated and lost values that America is the land of opportunity and not the land of handouts. You agree any loss in the markets is a result of your own actions as we told you NOT to trade without consulting someone other than us.

All paper trades are SOLELY for example and to illustrate how certain strategies could perform without the benefit of hindsight and back-testing. You agree NOT to trade based on anything we say, do, write, advertise, etc. If we were smart we would be teaching high-school math and making the really big bucks. You agree to abide by the laws of your country and that it is legal to accept this transmission.

Every attempt has been made to ensure accuracy, but we are clueless. As a result it would be foolish and impossible to assure the accuracy of any numbers and/or come close to writing a sentence that is grammatically correct. You agree not to get on our case emotionally, physically, spiritually (no Voodoo dolls please) or legally when we screw up. We are doing our best to keep up with evolution, but it is a fast race and we are falling behind. If any of this stuff is too hard to accept please let us know and we will remove you from our mailing list and short term memory.

Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).

Our products are written ONLY by floor traders, fund managers and retired floor traders. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. We do NOT sell “special software”, though occasionally we give some out for FREE to our current students. If you enjoy buying software please go to Best Buy. If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made.

Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.

Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). “Thank yous” are only handed out in countries where legal and void where prohibited. If your country does not allow “thank yous” please refrain from accepting it. This disclaimer is copyright material and not a joke.