Dow was down 390 on Friday marking the first trading session since late June to move more than 1%. We have been in such a tight trading range for the past 2 1/2 months that something needed to give. It just happened to give down. That's OK as we have been hedged a bit with short positions. S&P 500 Index ETF (SPY) daily ​​​​​​​ You can see from the daily SPY chart that price closed under support, the red horizontal line that represents the closing high from May 2015. Looking at the … [Read more...]

The debate continues to gain momentum. I am going to Stocktoberfest in October at The Coronado Hotel. It'a a gathering of disruptors in the erupting fin/tech space. Lots going on in the delivery and scope of investment advice. Things are changing and t's about time. I wrote this 3 years ago...Passive vs Active: What's the right investment strategy for you? The Stocktoberfest should be fun. Here's the website if you want to check it out ...http://www.stocktoberfest.co No trades … [Read more...]

Technology stocks have been ripping the last few months. Giddy up! Obviously, we are all doing things a bit different than just a few short years ago. We take pictures with our phone. We count our steps with a bracelet. We communicate via video...with our phone. And on and on. Current recommended portfolio has been overweight Tech. Continue to hold. QQQ is running into resistance; the high price print in March 2000, 120.50 (purple horizontal line on monthly price … [Read more...]