Morning Update: June 6, 2014

1-855-RWT-0008

NEXT MINI-CLASS

Half “What Month To Trade” and Half Time Spreads.
June 8^th (Sunday) 4:00pm eastern

Sunday is 2 days away. 2 Seats left (I think) 

Yesterday

We finally broke out of the doldrums with record highs. The Dow is now 1 big day away from 17,000. Stocks that had been beaten down such as AMZN came back to life. That’s about it, really. 

Today

Yesterday I stated that I am not sure if the Dow was going to close up or down 20 points. I looked like a genius for saying that, so I am going to say it again. This quiet sitting at all time highs has to play out until the markets have reason to believe it is safe to buy here. 

FUTURE

Not sure how the recent prisoner exchange is going to play out as once again there are whispers of impeachment against Obama. Like him or not, you have to admire the Teflon. If any other president did half of what he does they would have been impeached years ago.

In an OBVIOUS and rushed manner of trying to take attention away the VA scandal (not to be confused with 12 other scandals as Fast and Furious, IRS-gate, Benghazi, FBI-gate, etc.) Obama ignores the legal process of informing Congress 30 days in advance of a prisoner exchange in the hopes of a returning hero would warm American hearts.

ONE PROBLEM – the American released was a deserter scum bag, and the people we freed are 5 hard core terrorists who are now pissed and want revenge. Oppsie!

Probably nothing will come of this as no one wants to be accused of being a racist for holding the President accountable. After all, he did tell us ahead of time he had no regard for following the rules and Constitution that he swore to uphold. A “fundamentally flawed” Constitution is not one someone really believes in following

BUT if this does turn into an impeachment – WATCH OUT BELOW. 

POT is held each Wednesday night at 7:00pm eastern.

HE he he he

Got some traction going today!

Sorry about the 8 updates, but you asked for more detail (lol).

Contract the office at 1- 855 – RWT – 0008 for more details.

Too True To Be Funny

I beg to differ you brave soldiers. Your commander in chief said he was a hero. His hiding for years behind enemy lines looking for the enemy in every brother he could find was evidence of his dedication.  v

Attorney Stuff

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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.

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