1-855-RWT-0008
Random Walk’s Motto:
Success through integrity and care. The law of abundance means we can all win.
59 Days in a row where the market has not made a >1% move. Unsustainable? YOU BET
Happy Day!
Earnings This Week
(just a few of the bigger ones – not all stocks)
Today’s Number(s)
Yesterday and Today
Yesterday
The Dow closed up 111 points because Yellen spoke and said that easy money is needed after the recovery. Someone doesn’t want to see the stock and bond market both crash in her tenure. I am sure the Fed would like to see rates stay low until their 10 year bond portfolio expires and they get back $4 trillion. The problem is when it does expire they will probably have to buy them back.
But it was good enough to cause the markets to jump even if the TLT dropped.
Today
A plethora of economic numbers are out today.
I suspect we are going higher because everything turns this market higher – for now. For NOW. But things are getting closer and closer to changing. Yellen must be nervous about the deflation/pop/explosion of the bond and stock market or she would not be talking about low rates indefinitely. I am still waiting for several weeks up strong up days, day-after-day. When I see that I am then scared.
POT is held each Wednesday night at 7:00pm eastern.
Contact the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
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I am NOT even going to comment to avoid being called a racist. I have been called everything else, so I will save that one for a later date. lol
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I don’t think the easy money helped with ridding the nation of Dodd-Frank, erosion of the middle class, corporations keeping profits overseas, employers only hiring part time people, or fixed the problems with Obamacare. It did help people long the market, and Yellen doesn’t want to see the market crash in her tenure.
Question:
What happens when well meaning people think they are smarter than the free markets?
Answer?
Socialism, Marxism, Crashes, pick one.
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.
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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.
