Stocks due for a rally this week, followed by two weeks of down? That’s what this guy says. He says this market is lining up perfectly with the 3rd year presidential term pattern. Got it?- I went to a Sacramento Mountain Lions game tonight. Yeah, UFL. It was actually fun to watch, and the Omaha Nighthawks came away with a game ending field go at 2 seconds left in the 4th quarter. The picture is of Daisy from the cheerleaders, the Lady Lions.
- You’ve heard about the Wall Street protests? Probably not. It’s a band of rag-tag lefties marching on Evil Capitalism. It all has the feel of a classic street protest with one exception: It's unclear exactly what the demonstrators want. That’s the problem. “Economic Justice” seems to be their cause, but that means taking money away from those of you who work, and cutting these folks a bunch of checks. Protest on, Garth.
- Oh, and the stock market is in the monthly favorable period, right? First four days of the month stuff, right Norm Fosback?
- Bank of America is charging $5 a month for you to use your debit card for purchases. Wells Fargo and Chase charge $3 a month, by the way. So what’s the plan, close the accounts and go some bank that doesn’t charge the fees?
- And for those who want to invest like Warren Buffett, $BAC is now $6.12 a share. So, you can get in now at a lower price than when the Buffett deal was announced.
