Friday, May 2, 2014

IS THIS MARKET A "MASQUERADE" LIKE SO MANY SAY - I SAY IT IS NOT!

                                                          "THAT'S JUST MY OPINION" - VOL. - 46
"MASQUERADE" recorded by George Benson in 1976. Here is a trivia question you may not know. Who wrote "Masquerade"? I was shocked - LEON RUSSELL! For those of you that are too young to remember Leon Russell - Look him up - Trust me it's worth it!!!
"ARE WE REALLY HERE - WITH THIS LONELY GAME WE PLAY" - The DOW - I'M STARTING TO FEEL LIKE THE LONE RANGER - I STILL LIKE THIS MARKET!!!!!!!
I'LL TELL YOU WHY IN A MOMENT.
THOSE OF YOU WHO ARE 45 YEARS OLD AND YOUNGER - PLEASE SCROLL DOWN TO VOL. - 20.
I BELIEVE IT IS VERY IMPORTANT FOR EVERYONE'S FINANCIAL FUTURE!!!!!!!
   IF YOU ARE INVESTING MORE THAN A MILLION DOLLARS IN THE MARKET - PLEASE SCROLL DOWN TO VOL.- 33 - AND CALL STEVEN HANSEN!!!

NOW - WHY AM I STILL BULLISH ON THE STOCK MARKET? FRIDAY - THE US ECONOMY CREATED 288,000 JOBS IN APRIL - BRINGING THE UNEMPLOYMENT RATE DOWN TO 6.3%!!! BUT LIKE EVERY FRIDAY - THE DOW RALLIED AND THEN SOLD OFF!! WHY?
THE PUNDITS SAID "WELL THERE WAS ZERO GAIN IN THE AVERAGE HOURLY EARNINGS!
"THE UNITED NATIONS IS HOLDING AN EMERGENCY MEETING OVER THE UKRAINE - AS TENSIONS RISE IN THE REGION"
THE UN - WHAT A JOKE!!! THEY ARE PROBABLY ARGUING OVER WHETHER TO HAVE STEAK OR LOBSTER FOR DINNER!!!!!!!!!!
FOR THE REASON THEY WILL DO NOTHING - READ VOL. -45.
THEN THE BEARS POINT TO OUR BOND MARKET!!!
THE 10 YEAR NOTE WENT OUT AT A 2.586% YIELD!!!
WELL - THERE MAYBE A COUPLE OF REASONS WHY THE 10 YEAR NOTE RATES ARE NOT AROUND 3%!!!
THE EUROPEAN UNION HAS BEEN THREATENING FOR A WHILE NOW TO LOWER EUROPEAN INTEREST RATES - SO YOU SAY?
THAT'S WHY THE GERMAN EQUIVALENT TO THE US 10 YEAR NOTE ( THE BUND ) IS TRADING AT AROUND 1.40% INTEREST RATE!!!
DOES THAT MATTER YOU ASK?
YES - WHERE DO YOU THINK THE FOREIGN MONEY IS GOING - TO OUR TREASURY MARKET - WHY? IT HAS A BETTER YIELD - THAT'S WHY!!
ODDLY ENOUGH - THAT MONEY INFLOW INTO OUR US BOND MARKET IS KEEPING OUR RATES LOW ALSO - WHICH ESSENTIALLY IS REPLACING OUR FED TAPERING EACH MONTH - TO HAVE NO EFFECT!!!!!!!!!!!
OH, BY THE WAY IT IS RUMORED THAT OVER 100 BILLION $ HAS LEFT RUSSIA SINCE THE THE START OF THE UKRAINE EVENT!! WHERE IS THAT $$$ GOING?????
THESE ARE ALL REASONS THAT PUNDITS SAY THE MARKET IS TOO HIGH!!!!! NOISE!!!!!
THE REASON THE PUNDITS ARE TRYING TO GET THE MARKET TO GO DOWN - IS IN MY OPINION - BECAUSE 90% OF THE MUTUAL FUNDS AND HEDGE FUNDS ARE TRAILING THE S&P PERFORMANCE SO FAR THIS YEAR!!!!!!!
                                                                "THAT'S JUST MY OPINION"
NOW FOR MY RANT!!!!!
DID YOU HERE ABOUT PFIZER ( AN AMERICAN ICON ) TRYING TO BUYOUT ASTRAZENECA ( A BRITISH COMPANY )
PFIZER SAID " THE MOVE IS A TAX-DRIVEN INVERSION STRUCTURE" - WHAT DOES THAT MEAN????
I'LL TELL YOU!!
AS PART OF THE DEAL, PFIZER IS PROPOSING TO MOVE IT'S TAX DOMICILE FROM THE US TO THE UK!!!!!!!!!!!!!!!!!!
THIS ISN'T INCIDENTAL TO THE TRANSACTION;
AS JOHN GAPPER WROTE IN THE FINANCIAL TIMES ON WEDNESDAY - " PFIZER'S BID WOULD NOT WORK FINANCIALLY IF IT REMAINED A US COMPANY BECAUSE IT WOULD SHIFT ASTRAZENECA'S DOMICILE FROM THE UK, WHERE CORPORATION TAX RATE IS 21 PERCENT, TO THE US WHERE IT IS UP TO 35 PERCENT" !!!!!!!!!!!!!!!!!!!!!!!!!!!!
IF YOU WANT TO CONFIRM THIS INFORMATION - GO TO THE MOTLEY FOOL ARTICLE "
THE REAL REASON BEHIND PFIZER'S BID FOR ASTRAZENECA" by ALEX DUMORTIER, CFA.
COME ON U.S CONGRESS - LOWER THE US CORPORATE TAX RATE - SO WE CAN COMPETE WITH THE REST OF THE WORLD!!!!!!!!!!! 

Here's something you need to know - we have 10,000 baby boomers retiring every day!!!!!!!!
THAT'S 3,600,000 A YEAR!!!!!

NOW FOR THIS WEEK'S RESULTS!!
THE DOW FOR THE WEEK-  HIGH- 16,620.06
                                                   LOW- 16,312.66
                                                CLOSE- 16,512.89 or up 151.43 or up 0.93%
DIS CLOSED @ $80.31 or up $2.08 or up 2.66%
AIG CLOSED @ $52.35 or up 0.74 cents or up 1.43%
RIG CLOSED @ $42.99 or up 0.11 cents or up 0.26%
MU CLOSED @ $26.31 or up $1.05 or up 4.16%
SD CLOSED @ $6.81 or up 0.15 cents or up 2.25%
JCI CLOSED @ $46.21 or up 0.72 cents or up 1.62%
FDML CLOSED @ $17.50 or up 0.50 cents or up 2.94%
CHK CLOSED @ $28.28 or down 0.52 cents or down 1.81%
NKE CLOSED @ $72.99 or up 0.29 cents or up 0.40%
GE CLOSED @ $26.68 or up 0.08 cents or up 0.30%

HAVE A GREAT WEEKEND!!!
THANK YOU;
LEN DWELLE
lendwelle@hotmail.com



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