Tuesday
July 8, 2014
1-855-RWT-0008
Random Walk’s Motto:
Success through integrity and care. The law of abundance means we can all win.
53 Days in a row where the market has not made a >1% move. Unsustainable? YOU BET
Happy Day!
Today’s Number(s)
Yesterday and Today
Yesterday
Another quiet day lulling us into the belief that volatility is gone forever. There were actually some pseudo-professional individuals in the media saying that volatility is a thing of the past. It is amazing, but those are usually the people who have to pay a LOT of money to be proved wrong.
TSLA was down because almost 3% after one of their Model S cars was involved in a crash and caught on fire. BTW, it had been stolen.
AAPL was up almost $2 placing the share price above $670 on per-split pricing. This stock is going to $100 sooner than later – I think
Today
The numbers out today are wimpy and we are 24 points above 17,000. Yesterday we hit a low of 16,992.45 but closed 2 days in a row above 17,000. As stated yesterday we will likely test 17,000 and have a slow day unless more fuel gets added to the booster engines and we hit 17,000. In short….these areas of record highs around big numbers are tricky. I am keeping my mouth shut, but suspect we will test 17,000 and bounce hard.
Too True To Be Funny
This is a PERFECT example of what is wrong with America.
Notice I used the word “perfect”.
Not just one person is a piece of crap here, but many. I will elaborate:
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ONE – Fatty there is not fit to hold down a job anywhere, and likely could have been fired for theft from Baskin Robbins. So instead of getting on the treadmill and getting a job, he decides that his idleness is worth $10 million, which if he gets will afford him a life of luxury and further idleness.
– TWO – the only ones more disgusting and VILE than Anthony Rector (I will not even play on his last name) are the attorneys. Not only are they clogging up the courts with frivolous lawsuits, but they are purging themselves. Unfortunately like insider trading claims against Congress lawyers can legally lie all they want.
One Problem. There are recordings of the television show where the announcers said NOTHING close to that. But take this to court in the hopes Major League Baseball is so big they will give this guy his weight in gold to go away. Lawyers are ruining this country 20 minutes goes by from the time one batter strikes out to the next gets his chance. How could one under the age of 7 or over the age of 30 not fall asleep? So obviously someone with that sort of metabolism isn’t going to make it 9 innings. I am surprised that he didn’t have a pillow with him. THREE – I am also a piece of crap. I sort of made fun of him when I don’t know if he has a medical condition. I am told that 99.9% of people who are morbidly obese suffer from glandular problems and it can’t be helped no matter how many calories they cut back on, or how much exercise they partake in. The reality is Monsanto shares some blame with their GMO food. McDonald’s has some blame for forcing us to super-size through peer pressure at the drive up window. Etc. I mean …who can help but “Go Large” when that unknown voice at the speaker window says, “Would you like to GO LARGE for only $0.50 more?” I can not help but feel compelled to scream back, “I am not cheap…can I go super large for $3 more!” This poor guys is truly a victim and entitled to every penny of $10 million for having been given that awful lot in life. He should be given at least 60% of his ticket price back too since he must have missed 60% of the game and shouldn’t have to pay for the portion he didn’t see. Maybe the ballpark should counter sue for only charging him for entrance to a ball game when the plaintiff was in fact using the stadium as a Holiday Inn.
Part of the lawsuit claims the television announcers said: “Announcers like Dan Shulman and John Kruck
