Tag Archives: Dow

Those Who This Morning Thought Markets Would Close Up Deserve To Lose Everything They Did — And Why Is ‘Ferrari’ UP?

by Anura Guruge


Click to ENLARGE. Of course using base material from ‘MarketWatch’.


Click to ENLARGE. Again from ‘MarketWatch’ — where else?


The mentality and acumen of many of my fellow investors amaze I!

Why would you think — on a FRIDAY — with New York & California closing down, that THE SMART MONEY (and yes, I do count myself among those (SMILE, SMILE)) would go LONG into the weekend. [‘Long’, meaning without taking risk off the table.]

That is not how it works. Smart money is risk averse. They are NOT going to get caught short over the weekend in case things really start to unravel. Best to unwind position and keep your powder dry for Monday.

All that said, I am LONG — and have been for 20-years! But, I am SMART MONEY.

I knew that we would close down today. Had to. If we hadn’t, I would have despaired.


I am keeping an eye on Ferrari.

Now, in the case of Ferrari — I did sell! I had owned Ferrari for YEARS, since it was spun off from ‘Fiat Chrysler‘ in 2014!

I will buy it back — later in the year.

But, why is it going up NOW?

How is rushing out buying cars right now.

Very strange.

I feel bad for the stupid money. SMILE.


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by Anura Guruge

Dow Shoots Up 152 To A Stock Market Record On The Day Of The Worst Mass Shooting In History — MUST Tell Us Something!

by Anura Guruge


From MarketWatch.com


The relentless, never ending RISE of the Stock Market since Drump. From MarketWatch.com.


This was sobering and scary. This is a market that knows NO FEAR — and that is scary.

What would justify investors driving up the market, to 152 pts on the Dow, and to an all time HIGH when TV media, all day, has been saturated in blood. This is unreal. Yes, I know. It is the greed to do with the looming tax cuts. But, that is a long way out.

Not sour grapes on my part. I am fully-invested, and long — and have been since 2007! {Smile} Yes, I took all the pain, downturn and horrendous losses of the recession and held my nerve just. I can smile now. So, this is good for I. But, I am very pragmatic investor. I know when we go against the grain and that we are doing right now.

Today, was NOT right, by any measure, any standard, any set of values. We are going to have to pay for this greed — though I use the ‘we’ more in the Royal sense. Scary.


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by Anura Guruge