by Tom Ventresca | Oct 21, 2019 | Mr. Seifert Sez
How Did This Happen? On Friday Boeing gapped opened $23 dollars to the downside at $344 giving back much off the gain it had achieved over the past six weeks. It looked like the stock was coming off the bottom as it had rallied $80 since its August bottom of $315....
by Tom Ventresca | Oct 14, 2019 | Mr. Seifert Sez
What is Mr. Trump Doing? Sometimes it is tough to imagine what Mr. Trump is thinking. His latest one is the new war in Turkey. Although we are the Kurdish forces main supporters and suppliers of weapons, it appears that Mr. Trump is willing to cede power to...
by Tom Ventresca | Sep 29, 2019 | Mr. Seifert Sez
Impeachment – What Does It Mean? Nothing. It is a political tool and is being used by the house to try to remove Mr. Trump from office. Will it work or will it backfire? This is a big move for the Speaker of the house, Ms. Pelosi. She gave up on trying...
by Tom Ventresca | Sep 21, 2019 | Mr. Seifert Sez
This Is Why You Don’t Sell Naked Options! If you have been in the markets as long as I have, you know a couple of things. First, the unlikely occurs almost every day and second, the impossible happens at least once a month. The markets are a probability model. Forget...
by Tom Ventresca | Sep 15, 2019 | Mr. Seifert Sez
First Arnie, Now T. Boone. Who Is Next? There are certain things that you know will never happen and one of them was the death of the golfer Arnold Palmer who unfortunately died on September 25,2016. Arnie made the modern game of Golf. Jack Nicklaus may have been the...
by Tom Ventresca | Sep 8, 2019 | Mr. Seifert Sez
Dodged One-Now The Money Grab Is On The U.S. dodged a bullet last week when Category 5 hurricane Dorian skirted the East Coast. Most of the major population centers did not receive a full blast and those that did were greeted with a storm that didn’t have the punch...