Up. We are going to feel lot of humidity and heat today. Yes, we are in what i think will be heatwave, three days of 90s, thats what we usually call heatwave. This will be day two, if we make it to the 09 degrees mark, yes, i think well be there. Lets talk about where weve been for the month every august. Eleven days, of 90 degrees plus heat, 28 out of 30 days have been sunny. Cant say we havent had a loft sunshine it, has been nice. Highest hi, 94, lowest temp, six of 3 degrees. So, we are going to wind it up toasty again. You can tell when you look at the map right now, look at the temperatures, you can see, 76 degrees already in philadelphia. Seventyfour down in Atlantic City, those 60s just lurking to the north there in mount pocono. You got to head up there if you want cooler air today, everybody. Do have cloud cover, see few sprinkles, i dont expect a lot out of. That will the rain is to the south of us. We will keep our eyes out for a few sprinkles, possible, we could use some r
Up. We are going to feel lot of humidity and heat today. Yes, we are in what i think will be heatwave, three days of 90s, thats what we usually call heatwave. This will be day two, if we make it to the 09 degrees mark, yes, i think well be there. Lets talk about where weve been for the month every august. Eleven days, of 90 degrees plus heat, 28 out of 30 days have been sunny. Cant say we havent had a loft sunshine it, has been nice. Highest hi, 94, lowest temp, six of 3 degrees. So, we are going to wind it up toasty again. You can tell when you look at the map right now, look at the temperatures, you can see, 76 degrees already in philadelphia. Seventyfour down in Atlantic City, those 60s just lurking to the north there in mount pocono. You got to head up there if you want cooler air today, everybody. Do have cloud cover, see few sprinkles, i dont expect a lot out of. That will the rain is to the south of us. We will keep our eyes out for a few sprinkles, possible, we could use some r
S p climbing. Nasdaq falling. I think it says there are plenty of people who want in. They just wanted a pullback like yesterday to throw money at the market. You can average in three days and even after yesterdays beat down come out ahead. Even though there are Larger Forces that would normally indicate this is not the time to commit new money. I am kind of in that camp here especially because i was heartened to hear about a Ukraine Russia pact over energy. The real reason why we rallied so hard. I think this market is not what it once was. The rallies dont inspire confidence anymore. Some say it is better to scale out rather than buy into. There are too many unknowns. This hair trigger does you no favors if you are a bull. Best example, the jump bond ignited by departure of bill gross from the firm he founded, pimco. You dont get to be the bond king by being a bum. When i read the headline william h. Gross joins Janus Capital i said that is not bill gross. It is some other gross by t
Buffet made big moves in the stock market a couple of months agatha we just found out about last night. Buffets move seemed to overshadow the whole session. S p back. 3 . Nasdaq advanced. I have long been a believer in doing your own homework and finding your own Comfort Level with individual stocks. If you cant do that if you cant do the research and make up your own mind its imperative that you do not follow someone, anyone blindly whether it be me or a money manager you saw on television, a ceo that talks a good game or even yes, warren buffet. If you cant do the homework and you still want exposure to the stock market just go buy a index fund. I love index funds. They allow you to eliminate single stock risk meaning the one stock you can buy can be caught up in a scandal or miss the quarter repeatedly or simply not participate in the general upswing that youre looking for. There are plenty of indices out there to like. Its a total stock market return. Meaning all u. S. Stocks. I ca
Or five shots. Reporter gunfire struck two Police Office are, one in the shoulder the other in the face. Paramedics loaded one victim on to an ambulance to be taken to the hospital. The demonstrations have have started as a Celebration Police chief Thomas Jackson would resign but the the strained relationship between the community and police was evident early on. Someone used sidewalk chalk to write pigs kill yourself on the asphalt. Before the gun fire tensions bowled over among the crowd, a scuffle between demonstrators. Officers also surged forward at times taking at least two people in custody. Several officials have resigned or been fired after department of justice report found systemic racism in the Police Department and Municipal Court system. Many in the the community, worry that the changes noteably that of the police chief may not be enough. We need to deal with the culture issue here to make sure whoever is coming in behind chief jackson is just not a new face and a new nam