Saturday, April 5, 2014

"COME BACK SONG"

                                                "THAT'S JUST MY OPINION" - VOL. - 42
"COME BACK SONG" - BY DARIUS RUCKER came out in 2010.
Where did the DOW close on December 31st, 2010? Answer - 11,578!!!!!
Where did the DOW close Friday? Answer 16,412.71!!!!!!!
People ask me why do you have song titles in certain years and show where the DOW closed that year?
People relate to songs!!! I am trying to have people relate to where the DOW finished in that particular year!!
WHY? BECAUSE I BELIEVE IT IS VERY IMPORTANT TO EVERYONE'S FINANCIAL FUTURE!!!
If you are 45 years or younger and you are not involved in the stock market - you are missing out on how to obtain some sort of wealth upon retirement!!! Please scroll down to VOL. - 20 to see what I mean!!!
If you think social security will be all you need upon retirement - YOU ARE CRAZY - BY THE TIME YOU REACH 65 - THERE MAY NOT BE ANY MONEY LEFT IN THE SOCIAL SECURITY FUND!!!!! THEN WHAT ARE GOING TO RETIRE ON???
If you were not involved in the stock market in 2013 - YOU MISSED OUT ON A 32% GAIN!!!!!
WHERE IN 2013 WOULD YOU HAVE MADE THAT KIND OF RETURN????
A BANK CD OR A TREASURY BILL THAT EARNED LESS THAN 1%!!!!
REMEMBER THERE IS $2.695 TRILLION SITTING IN MONEY MARKET FUNDS - EARNING BASICALLY NOTHING!!!
THERE ARE QUALITY STOCKS OUT THERE - THAT HAVE INCREASED THEIR DIVIDEND PAYOUTS EVERY YEAR - FOR MANY YEARS - YIELDING ANYWHERE FROM 5.50% to 3.50 % - SO WHY ON EARTH WOULD YOU WANT TO BE IN CASH - THAT PAYS NOTHING!!!!!
People ask me why don't you own stocks like TESLA, TWITTER, NETFLICKS, ECT. - WHY?
Because all of those stocks have evaluations that are too high for the price these stocks are trading currently!!!
THAT'S WHY THE NASDAQ HAS NOT PREFORMED WELL RECENTLY!!!!
THOSE STOCKS ARE GETTING SLAMMED!!!!
THEY SAY IT IS PROFIT TAKING - WELL THAT $$$$ HAS TO GO SOMEWHERE!!!
I'LL TELL YOU WHERE THAT $$$ WENT - INTO THE 10 YEAR TREASURY BONDS!!!
AS THOSE STOCK PRICES WERE FALLING - THE YIELD ON THE 10 YEAR -WENT FROM 2.80% DOWN TO AROUND 2.73%. WHY? TRADERS ARE WAITING TO BUY CERTAIN STOCKS - WHEN THEY THINK THEIR PRICE IS RIGHT!!!
PEOPLE ASK - WHY ARE YOU NOT IN BIO-TECH STOCKS??
Answer - since the middle of 2012 - most of them have gained over 50% in a little over a year and a half!!!!
Those stocks - evaluation wise - just got ahead of themselves!!!
Again - WHERE IS THAT CASH GOING? ON THE SIDELINES WAITING TO RE-INVEST!!!
PEOPLE ASK ME - WHY DON'T YOU OWN BANK STOCKS?
UNTIL I SEE THE 10 YEAR TREASURY NOTE - CLOSE OVER 3% FOR AT LEAST TWO CONSECUTIVE TRADING DAYS - I'M NOT INTERESTED!!!!
NOW FOR MY RANT!!!!!
ALL YOU BE HEARING ON THE NEWS IS HOW THE STOCK MARKET IS RIGGED!!!!!
WHAT A BUNCH OF CRAP!!!!!
WAS IT RIGGED WHEN EVERYONE'S IRA, TIAA-CREFF ACCOUNTS ON JANUARY 1ST 2014 - SHOWED A 32% RETURN FOR THE YEAR????
99% OF WHAT YOU WILL HEAR ON THE NEWS - IS NOISE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Now - 3 weeks ago the
DOW high for the week was 16,460.33
           low for the week was 16,046.99
           2 weeks ago the
DOW high for the week was 16,466.04
           low for the week was 16,191.79
THIS WEEK
DOW high for the week was 16,631.63
           low for the week was 16,324.22
DO YOU SEE WHAT I SEE?
THE LAST 3 WEEKS THE DOW HAS HAD HIGHER HIGHS AND HIGHER LOWS!!!!!!!!!!!!!!!!!
DO YOURSELF A FAVOR - TUNE OUT ALL THE NOISE YOUR GOING TO HEAR ON THE NEWS - STAY WITH YOUR 5 YEAR PLAN - ITS YOUR ONLY PATH TO RETIREMENT!!!!!!
Have you noticed every FRIDAY the market makes new highs by around 10 AM only to fall in the afternoon!! WAIT!!!! WHEN THE FRIDAY COMES WHERE THE DOW OPENS DOWN AND EXPLODES TO THE HIGHS AT THE CLOSE - THAT'S WHEN WE ARE ON OUR WAY TO A DOW 17,800!!!!!!!!
Let's look at this weeks action!!!
THE DOW CLOSED @ 16,412.71 or up 89.65 or up 0.56%
THE NASDAQ CLOSED DOWN 28.03 or down 0.67%
THE S&P CLOSED UP 7.47 or up 0.40%
AIG - CLOSED @ $50.55 or up 0.67 cents or up 1.34%
CHK - CLOSED @ $ 26.59 or up 0.92 cents or up 3.58%
SD - CLOSED @ $ 6.44 or up 0.17 cents or up 2.71%
MU - CLOSED @ $ 22.58 or up 0.67 cents or up 3.05%
JCI - CLOSED @ $ 47.63 or up $1.08 or up 2.32%
RIG - CLOSED @ $ 41.61 or up 0.42 cents or up 1.02%
FDML - CLOSED @ $ 18.48 or up 0.26 cents or up 1.43%
DIS - CLOSED @ $ 80.43 or up $1.44 or up 1.82%
NKE - CLOSED @ $ 72.84 or down 0.70 cents or down 0.95%
SLM - CLOSED @ $ 24.54 or down 0.06 cents or down 0.24%

REMEMBER FOLKS- WITH ALL THIS PROFIT TAKING - THERE IS A TON OF CASH ON THE SIDELINES - WAITING TO BUY!!!!!!!!
                                                         "THAT'S JUST MY OPINION"
THANK YOU;
Len Dwelle
lendwelle@hotmail.com
 

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