Thursday Feb 14 2019   Amazon has abandoned plans to build a headquarters on Long Island.  Protests over the massive incentive to build there as well as local concerns about increased costs led to the decision. And for my two cents, why on earth would anyone move to   union demands East Coast Politicians Snow…

Tuesday Jan 29 2019 CAT and NVDA announce lower earnings, DJIA drops 208 points. CAT   NVDA CAT is an industrial bell weather and NVDA is the same for semi onductor chip makers. Both toppe with the overall market Oct 3 and ave been in downtrends sine. A9 and 13% drop yesterday is probably signalling…

Monday January 7, 2019 Luca Pacioli 1447-1517 was an Italian Mathemetician. He is credited with creating the double entry system of accounting.  From Wikipedia   Summa de arithmetica, geometria. Proportioni et proportionalita (Venice 1494), a textbook for use in the schools of Northern Italy. It was a synthesis of the mathematical knowledge of his time…

Monday Nov 12, 2018 A TAMUSA accounting student was selected as a winner of last year SS scholarships.   In 2005, we established the Sol Schwartz & Associates, P.C. Accounting Scholarship Award to commemorate the 25th anniversary of our firm. Each year since then, we have been presenting an annual scholarship of $2,500 to an…

Tuesday Oct 30, 2018   Transports lead so here is the chart. The DJIA and SPX recorded inside days.  Here the Transports had a nice 2.82% rally. PMO at bottom has yet to exhibit an upside cross over.

Monday Oct 29, 2018   BRKB had a parabolic run up in January, it then cratered all the way into July. Since then I made it back to the January high, and then collapsed 10% with the overall market. Perhaps this whole year is a clue that something is out of whack. There is an…

October 27 2018 Industrials take out all four moving averages as well as the uptrend line from February  2018. Transports are Worse Transports Lead the Way Down , More Economically Sensitive Russell  2000 Small Cap Stocks Almost back to the February lows! NYSE Sets New Low   Longer Term Views Weekly DJIA   200 week…

Weekend Oct 27 2018   I also keep hearing that stocks have to continue rising because the economy remains strong. I've heard that at every market top in the last fifty years. But history doesn't support that argument. Stocks always turn down before the economy.   John Murphy, Stockcharts.com In fact the Dow Industrials have…

Friday Oct 0ct 26  

Thursday Oct 25 2018   The massive sell off the last two hours yesterday speaks to fear in the market so we are surely getting closer to some sort of important low and a subsequent bounce. But the Moving Averages have not turned up yet