Stocks will be on their own Friday, since June consumer sentiment numbers due out are unlikely to cause even a ripple on Wall Street. The data represent a survey of 600 households, and the results usually correlate with consumer spending. Most of us are already feeling the pinch by the time these indicators hint of a downturn, but sometimes they will surprise with a burst of giddiness that seems to have come from out-of-the-blue. Relative to your own life, would you regard a spike in consumer sentiment as bullish, or bearish?
Getting Sentimental
- June 29, 2018, 8:25 am
Pony Express Riders and the Beginners in today’s stock market trading 2018.
The Basics of the Stock Market (search google)
https://technitrader.com/basics-of-the-stock-market/?
How to make money in the stock market for beginners,,,, About 638,000,000 results (0.48 seconds) on google search.
The sentiment towards financial markets are at such an extreme, the likely hood of it continuing is less than many can think.
————————–Pony Express Riders
“I, …, do hereby swear, before the Great and Living God, that during my engagement, and while I am an employee of Russell, Majors, and Waddell, I will, under no circumstances, use profane language, that I will drink no intoxicating liquors, that I will not quarrel or fight with any other employee of the firm, and that in every respect I will conduct myself honestly, be faithful to my duties, and so direct all my acts as to win the confidence of my employers, so help me God.”
— Oath sworn by Pony Express Riders[11][12]
The identity of the first westbound rider to depart St. Joseph has been disputed, but currently most historians have narrowed it down to either Johnny Fry or Billy Richardson.[29][44][45][7] Both Expressmen were hired at St. Joseph for A. E. Lewis’ Division which ran from St. Joseph to Seneca, Kansas, a distance of 80 miles (130 km). They covered at an average speed of 12 1⁄2 miles per hour (20 km/h), including all stops
In 1860, riding for the Pony Express was difficult work — riders had to be tough and lightweight. A famous advertisement allegedly read:
Wanted: Young, skinny, wiry fellows not over eighteen. Must be expert riders, willing to risk death daily. Orphans preferred[a]
——–The Pony express did not last long at all.
……..I doubt few ‘if any’ could even think a 6660.00 print on the INDU ever again.
Have a great weekend Rick.