December 11, 2014
To View Current Positions Go To Core Portfolio
(Update: Amaya is one of our goin to Vegas holdings. It got hit hard this week. If you own a small position as I recommend I suggest you hold it….for now. We are waiting for more info. This could be an excellent stock and I don’t want to sell right now.)
MONTREAL — Shares in Amaya Inc. sank 18 per cent Friday after the company confirmed that Quebec’s securities regulator has launched an investigation into trading activity surrounding the acquisition of PokerStars, which transformed Amaya into the world’s largest online poker company.
(Update: Boner (ok……House Speaker John Boehner (R-Ohio)) sold out the Republican Party last night. I hope they get rid of him.)
(Update Friday: I think the mutual funds and hedge funds will start buying to make up for their lagging performance this year……..which will send markets UP. I am waiting for a ‘double bottom’ on the charts.)
OUCH…this is not fun.
We are watching with shock at the plummeting stock market.
Well, today I’m pulling out my trusted, never wrong, crystal ball to see what it says about the future of our investments.
And the news is good. What you say? How can that be.
Yeah folks, this is probably a normal run of the mill pullback, and I would not be surprised to see a Santa Claus rally coming up. I look at the technicals and unless things really fall apart, which is unlikely, we are ok. If you want to buy positions, I would start looking for entry points within the next week or two.
Barring some catastrophic event I doubt we are seeing a collapse of the markets. As long as they keep interest rates very low, the markets should turn around and head up.
Bottom Line: Hold all positions.
If you got a bill from Uncle Sam for $56,000, would you be mad? Do you have $56,000 in your back account to pay the bill?
Well that is what you owe due to outrageous spending by the corrupt government officials. The National Debt is now $18 TRILLION dollars. Are you angry now????
You won’t see this on CBS News. FUNNIES from National Enquirer: President Obama’s Christmas has turned into the holiday from hell after a furious First Lady Michelle discovered his secret love nest!
In a White House world exclusive, The National ENQUIRER has learned the couple’s marriage may end in divorce before Barack finishes his second term.
“Michelle found out about his secret love nest and exploded in fury!” a White House insider told The ENQUIRER. “Despite the happy public face the family is putting out, it’s created the holiday from hell!
“In early December, Michelle confronted Barack about a secret location he’s been using to meet up with women. She verbally ripped him to pieces. Barack didn’t have much of a comeback. He knows he’s been ratted out.”
Multiple insiders confirmed to The ENQUIRER that Obama’s secret love nest is the swanky Jefferson Hotel, located a few blocks from the White House. “The ‘commander-in-cheat,’ as he’s known at the place, comes and goes so frequently that some hotel staffers call the door he uses the ‘Barack entrance,’” the insider divulged.
“It’s easy for the president to get to and best of all, it has a secret entrance so he can come and go discreetly,” the insider divulged.
“The hotel’s private wine cellar features a door used for inconspicuous egress.”
According to the hotel’s website, the deluxe suites “afford city views of Washington, D.C.,” and they feature Italian marble bathrooms!
Economy is getting better? Oh really? From Kinsey”
- 40 percent of the consumers we surveyed said they are coping with the challenge of living paycheck to paycheck, up from 31 percent in 2012.
- Today just 23 percent say they are optimistic about the economy, down from 27 percent at the beginning of the recession in 2009.