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Thursday's Update

Thursday - Stock Trends, Charts, and Commentary ...

September 22nd, 2016 -  A trip to visit my 94 year old father in law is in order.

September 15th, 2016 -  This is a tough market so be very cautious.

September 8th, 2016 -  This is a tough market so be very cautious.

September 1st, 2016 -  Be aware that Monday is a Holiday and that there will be an Employment Situation Report on Friday morning.

August 25th, 2016 -   Janet Yellen will probably only will raise rates when the banks are in a good posture, and the Fed wants to be very cautious with Brexit going on.  Yellen will speak on Friday at 10 AM.

August 18th, 2016 - A high risk condition is still descriptive for the stock market. 

August 11th, 2016 - A high risk condition is still descriptive.

August 4th, 2016 - A high risk condition is still descriptive.

July 28, 2016 - The market remains in a very high risk condition so continue to be very careful.

July 21, 2016 - The market is in a very high risk condition so continue to be very careful.

July 14, 2016 - The market is in a very high risk condition so be very careful.

July 7, 2016 - The market is in a high risk condition so it will need closer attention for a while.

June 30, 2016 - Today is our Anniversary so we are going hiking followed by a nice meal.

June 23, 2016 - In about 2 to 3 hours Cindy and I will be Grand-Parents again.

June 16, 2016 - We are in Danger territory, so be very careful.

June 9, 2016 - Ah! Thursday again and I get to go see the Chiropractor this morning.

June 2, 2016 - The Fed is alive and well and is continuing its efforts to keep the market up.  As Alan Greenspan said, "The best QE bang for the buck is a rising stock market."

May 26, 2016 - Wall Street traders will be leaving early tomorrow for a long Memorial Day weekend.

May 19, 2016 - This will be a research day as I peruse a lot of historical data.

May 12, 2016 - This will be a project day while I dig into other activities.

May 5, 2016 - Last week we commented that Danger was getting closer and it did get closer in the last 5 trading days.

April 28,, 2016 -  Volatility will be increasing, so Danger  is getting closer.

April 21st., 2016 -  Be Cautious.

April 14th., 2016 -  Concerning ... the global bond default rate by companies reached its highest level since 2009 with most of it occurring in the United States.

April 7th., 2016 -  FYI ... In order to finish the paid subscriber update before 9 AM, I had to start at 3:54 AM this morning ... that just tells you how complicated things are getting.

March 31st., 2016 -  Tomorrow is April Fool's Day and the beginning of a new quarter so be on the watch.

March 24th., 2016 -  Tomorrow is Good Friday Holiday and the markets will be closed.

March 17th., 2016 -  At 8:30 AM I get to have my annual medical exam.   It should be a hiking trip instead ... it would probably be more beneficial.

March 10th., 2016 -  Ditto on last week's comment.

March 3rd., 2016 -  Caution, Caution, Caution ... High Risk ahead.

February 25th., 2016 -  Remember the old saying about avoiding a condition where the upside potential is not worth the downside risks.

February 18th., 2016 - What is, is what is at any moment in time and no one assumes that the Fed can go on and win forever.    The question may be ... When does the Fed lose its ability to favorably convince people that they can keep things up one more time ... and then one more time ... and then one more time?   I don't have the direct answer, but Liquidity levels and Institutional Selling activity will reflect the answer so we will keep a careful eye on those particular charts  (and post them daily) for our Advanced subscribers.

February 11th., 2016 - Last week we commented:  "On the current stock market's action ... being afraid is sometimes a good thing."  Longer term, that still hasn't changed.

February 4th., 2016 - What can I say?  I'm proud of Cindy and what she is doing as the current curator at the Red House Gallery in Black Mountain, NC.    She is doing a wonderful job and putting in a superior effort.  On the current stock market's action ... being afraid is sometimes a good thing.

FYI ... Here is a photo of a recent painting Cindy has up at the Monte Vista Hotel in Black Mountain.  It is called: "Blue Ridge Sunset" and the pair of paintings are 40" high by 60" wide.

January 29th, 2016 - Today we are posting the latest piece of artwork by Cindy Lou Chenard: a 3D piece made with layers of cutout wood and painted. Her artwork is available for purchase at: http://www.lchenardart.com/

sunset-over-the-ridges

January 18th, 2016 - We are just finishing up 2015 tax details and will celebrate this weekend.

January 21st, 2016 - No comments today as we are starting to prep for taxes and 2015 finals.

January 14th, 2016 - Caution, caution, caution.   There is no room for error in the market at this time.

January 7th, 2016 - Danger lurks in the market as levels are starting to reach oversold levels.   If we can avoid any negative events, that will help oversold levels to gain momentum.

December 31, 2015 - Happy New Year and be safe.

December 17, 2015 - Today is almost the last day for decent Christmas shopping.  I chatted the the local Postmaster and he said that Friday or Saturday starts to get risky for a timely delivery and Monday is a 50/50 proposition at best.

December 10, 2015 -  No new message today ... the market is at a high danger level so be very careful.

December 3, 2015 -  Unfortunately, the creation of a new website is turning into a disappointment.

But on a lighter note: I am posting a picture of Cindy Lou Chenard's latest painting, inspired by our local mountains and picturesque sunsets.   Her artwork is available for purchase at: http://www.lchenardart.com/

November 26, 2015 - The market is closed today.   Happy Thanksgiving to everyone.  The website is turning into a disaster, so we may not go live.

November 19, 2015 -  Well, we are moving along with the new website and we are likely to try to go live next Wednesday or Friday.

November 12, 2015 - Today is Cindy's Birthday so I will be out most of the day today.

November 5, 2015 - I think we just discovered a new definition for hades.

October 29, 2015 - Unfortunately, doubt turned to reality and we had to postpone the new website's launch. 

October 22, 2015 - The website company still thinks they will have the new website done by tomorrow ... very doubtful?

October 15, 2015 - The website company still thinks they will have the new website done by next week end, but I have my doubts.

October 8, 2015 -  We are still on our aggressive track to finish our new website by the end of the month.  There is still a lot of programming to do.

October 1st, 2015 -  With luck we will finish the new website progress at the end of the month.

September 24th, 2015 -  The web project is still on schedule while we pull double duty for a while.

September 17th, 2015 -  This week we started a huge six week project of changing servers, updating the entire website and changing software.   I think we will be pretty busy until the near end of October.