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Have less to fear if theheed raises because the fed will probably not hurt the economy when it does what its going to do in less than two wes. With that in mind we should be back to picking stocks in the expectation that theyll go o higher if the numbers are good and lower if the numbers are bad. Who knows . Maybe we could even leave crazy town soon afterwards. It is too nutty even for me. Terry in pennsylvania, terry. Cal`er jim, a great big booyah from scranton pennsylvania. Man, thats where m...

Why such a nasty day again . What is really ailing this market . First lets understand each other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of las...

Rally. Even if we dont know what the fededel reserve is going to say tomorrow. Thats how the dow could gain 156 points today. Nasdaq climbing. 87 and held back by apple there. Despite the fact thahawere headed into the most monumental fed meeting in nine years. When going to start the course of rate hikes that could be either gradual or superior. Conclude that they know something thats been lurking out there. And it means complacent and theres trouble brewing and if we get a rate hike when i ima...

33 in trenton. 34 in millville. A nice day, but you have to dress warmly. Even though the temperatures is above average. The windchills will be in the 30s all day. Satellite and radar showing stuck with a lot of the clouds, once again well see breaks forming in the north and west, well see peeks of sunshine, but cloud cover today. 9 00 a. M. , 40 degrees, noon, 43. 3 00 p. M. , 46. 6 00 p. M. Coming down from the high of 46, 41 degrees with partly cloudy skies. Weve got bright sunshine on the wa...

I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is beginning and might tighten a...

A friend of a couple behind the San Bernardino shooting arrested. Enrique marquez arrested purchased the guns used in the massacre that killed 14 people. It is expected tonight that he will face federal charges. Ryan schulteis standing by with the breaking details. Officials have not said what the charges could be yet. Officials say that Enrique Marquez bought the assault rifles used in the shot. Officials say marquez told them he did it as a favor for his long time friend and former neighbor sa...

This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Manage...

156 points today. Nasdaq climbing. 87 and held back by apple there. Despite the fact that were headed into the most monumental fed meeting in nine years. When going to start the course of rate hikes that could be either gradual or superior. Conclude that they know something thats been lurking out there. And it means complacent and theres trouble brewing and if we get a rate hike when i imagine we could see continuation in todays rally. Speaking of todays rally what made us feel like the world wa...

Proximate causes of going down. I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job ...

Maybe it doesnt matter that much. Its almost as if were in some sort of weird post Industrial Society where we have accepted the fact that our country has already lost enough industrial jobs that any pain in that sector from a rate hike will be minuscule in its impact in the overall economy. Thats amazing. I mean, look, if this were 20 years ago i would tell you that we would go into recessions. Its a sad statement that theres not much industrial in this company but thats the way it is. Were now...