In fact, if you arent at least a little worried at all times, you cant call yourself a professional all pros are paranoid in this business why . Because without some permanent paranoia, you end up missing days like today where the dow lost 158 points, and nasdaq plunged 1 no day can be dismissed, especially not a big down day like this one where you might miss some major disaster lurking around the corner. Before you get to what has me concerned here, let me point something out. I got into this game im older than the old pros who hate to call it the game i got into the game at 1100. The dow is now 21,000320 back then the dow had just run up 300 points over a series of months to get to that 1,100. I liked the tape i liked the market what did i hear at the time . First people told me that i had missed the move. It was over. It was based on nothing. So forget about it second, they said theres no reason to believe the future would be better than the past. This was in the early 1980s. The j
And investors braced for todays investment report and another low payroll numbers. U. S. Stocks hit record highs as investors celebrate five years since the bottom of the market after the financial crisis. Welcome to the show. The s p is up another three points. Here we are an hour into trade, weighted to the down side. The ftse by the close last night was up some 13 points. Its down 27 at the moment. 0. 4 lower. Xetra dax down 0. 8 . Cac 40 down 0. 3 and the ftse mib off 0. 5 . The nikkei was up when we closed up for trade in the week in gentlemanen pa. The hang seng down marginally, the asx 200 up about 0. 3 . The focus is very much on the u. S. Employment report. Looking for an increase in 152,000. The Unemployment Rate may tick down 6. 5 depending on which forecast you look at. Here is treasury yields. 2. 712 . We were at the close wednesday with a close. It looks like military action is less likely in ukraine, so yields are just perked up, 2. 72 . But ahead of them, the bond repor
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November saw a lot of local activity regarding Rhode Island's upcoming adult-use cannabis retail licensing round. As discussed in a previous post, the Rhode Island Cannabis Act (RICA).
The New York cannabis rush is here, and with the release of more license categories on the horizon, cannabis entrepreneurs are (hopefully) busy preparing for the upcoming historical.