Saturday, December 12, 2015

December Swoon Market Thoughts

  • This just in: December’s bullish period actually starts this next Friday. So you know.  That’s the official word from The Mount.  Sorry if everyone got excited too early in the month.  Can we get a do-over?
  • You know, the economic data is a bit mixed.  I think the Federal Reserve is looking for any excuse to raise rates.  Not sure economic data is it.  It’s seems like the economy is slowing down to me.  Maybe that’s why the market is flat, in anticipation of slower growth.
  • You’re going to need to add to your winter wardrobe. It looks like the nations of the world gathered in Paris to save the world from climate change, and we have to turn the global temperature thermostat down by 2 degrees. 
  • I wonder how the market will do the last year of President Barack Obama? 
  • The last year of George Bush: –37%.
  • The last year of Bill Clinton: –9.1%.
  • The last year of George HW Bush: 7.7%.
  • The last year of Ronald Reagan:  16.8%
  • The last year of Jimmy Carter: 32.4%
  • The news is all about the terrorism.  I suppose with recent events and political candidates out campaigning, that’s the new normal as well.  But it makes the news hard to watch.  I turn on the Fox Business Block (Cost of Freedom) this morning, and I want to see some financial analysis of the markets.  Plenty of other shows cover politics and world events.  But instead, we get Gary B. Smith, aka “The Chartman,” talking current events.  Ugh.  And I like me some Gary B. Smith talking stocks and economics.  Miss that.
  • In the college football lull period between the end of the conference championships and the bowl games.  The networks provide some college basketball games, but I’m not quite ready for that, yet.  You?
  • I am still keeping track of how the Fox Business Block gurus are doing versus the market and each other.  QQQ is in the lead, followed by Gary B. Smith.  I will do an update at the end of the year.  Also following the IBD 50 and Motif IBD 25 portfolios.
  • To change the climate, the world leaders have decided we must cut the dreaded CO2 emissions resulting from you living your life.
  • There is a scientific way to win at rock-paper-scissors.  So you know,
  • Jonathan Honig and Wayne Rogers don’t even make stock picks on Cashin’ In anymore.  Fox puts their stock picks online, sometimes.  Sometimes Fox posts a broken link.  Or no link.  It’s like the show has given up on “business” since Eric Bolling took over.
  • Obviously, I am a proud climate denier.  I believe the goal of those in the climate change movement is to accumulate money.  Either for themselves via a salary, or via a climate change slush fund that can be used to expense their lifestyle against.  You know, the latter is like certain charitable funds set up in the name of a good cause, then the folks running the thing hire family and friends, expense their travel, party, and avoid taxes.  I’m looking at you, Hillary Clinton.  Just speaking my mind on this.
  • The Los Angeles Lakers have won 3 games.  Only the Philadelphia 76ers have won less:  1.  And that one win came against… The LOS ANGELES LAKERS! 

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