Today, news came out that New Mexico, our home state, has the highest unemployment record in the country. With a rate of 4.7% nationally, NM’s rate stands at 6.7% up from 6.5% a year ago.
Here are the top 3 …
Two out of the four market indices had inside trading days today. An inside day is when the current day’s trading range is literally inside the prior day’s trading range.
Imagine inside days like when investors look inside a window …
When the moon is full, the gravitational pull of the moon and sun are combined. Hence, the full moon exerts a powerful pull on the Earth.
The “lunar effect” whether real or imaginary, has no scientific evidence to back the …
“You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus.
If you can imagine the Brontosaurus outside the bulls-eye as the indices and the one sitting on …
Sometimes, what catches the eye is the reflection rather than the thing itself.
For quite some time, the thing itself has had enough shine to superficially attract onlookers.
However, with the 5th day in a row of declines in the …
A huge fan of Game of Thrones, one of my favorite characters is Daenerys Targaryen, Mother of Dragons.
After losing her husband and child, she helps hatch three dragons from their eggs. At times, although they regard her as their …
Lots of folks got bit by a bear fang on Sunday.
With good reasons.
The Fed has yet to confirm or deny an interest rate rise. Unsettling White House tweet storms dominated the news. Rising geopolitical tensions in East Asia …
A favorite anadrome: Stressed Spelled Backwards is Desserts.
Last week ended with the market giving stressed out traders their just desserts.
Stressed out traders makes justifiable sense. After all, like the photo above, the banana split looks tempting and delicious. …
I saw this while touring Meow Wolf, an art installation in Santa Fe, NM. When I snapped the picture, I knew I would use this slogan for a Daily, but had no idea how, when or why.
After the blast …
Last week the market baked a magic 3-layer cake. That’s when from a very thin batter, 3 layers of fudge, custard and sponge cake magically appear.
We saw the Russell 2000 test the custard layer a few times. Today, from …