As I await tomorrow, the 50th Anniversary of the Land's End Pub in San Francisco (now Soda Popinki's at 1548 California St, bet. Polk and Larkin Sts.) , owning it was probably the high point of my life (so far !). I shall reappear @ 5 pm. to celebrate all the memories of the two decades I was there. Join me if you are willing and able!!!
Then into August, in which month 6 of the past 8 stock markets were down, and the next one could be a doozy if the Fed ever gets out of the way of the Free markets. Even the 4-year Presidential cycle and 7-8 year cycle (think 2008, 2000, 1994, 1987). But what's to worry? TINA (There Is No Alternative to U S Stocks! What could possibly go wrong?
Yet another new high for stocks (sans OTC Composite), breadth remained huge (Yuge?) with NYSE new highs to lows : 510 to 19!!!! The Bullish % , Delta MACD crossover stocks on BUYs and McClellan Summation are getting quite high (but not rolling over).
Get ready for the Olympics and Election news ad nauseam!!!
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