It actually snowed last night and we might even get a few inches tomorrow night! Readers know how much I despise the winter.
October was lights out for markets as the S&P 500 rose over 14%, one of it's best month ever. The Reformed Broker has a great chart of the best months for the S&P via Bespoke Investment group showing them all there.
I covered why I believed a large move up was coming:
-Panic De-Selling October 17th
-Resolution is at Hand October 19th
I mentioned last night that I did not trade this move well in my trading account but what can you do.
Looking ahead if markets can consolidate and tighten up next week, a sustained move into the next month is the most likely outcome. I will have much more on this Sunday when it is homework night but until then here is a chart worth a look as I have been using it as my guide for this summer into fall season of chaos (click for larger view):
Friday Night Entertainment
As if everyone is not jubilant enough!
If We Don't Love our Humanity the Robots Win
Fellow 12631 member TDLAmagi tweeted this story today and it's just my kind of thing:
Scientists create brain-like, massively parallel computer from molecules
Using the chemical 2,3-dichloro-5,6-dicyano-p-benzoquinone(DDQ) and gold, the computer is fashioned! Read the piece as it's more complicated than that. Bottom line, quantum computers are coming and they will become self aware.
Time to get your markers and your pencils.
Seems about right:
see more Very Demotivational
Messaging the truth:
Some ideas for your NFLX or Red Box addiction.
"The Godfather III" gets a bad rap but I really think it was well done and a strong film. There are several key parts but I love when Vincent takes on the two assassins Zasa sent after him (and Bridgett Fonda eye candy):
"I'm gonna do something to convince you"
A made for TV movie (TNT) that did not suck was the supernatural "Purgatory". Featuring an all star cast, this film had a novel concept of former gunfighters (Wild Bill Hickock, Doc Holliday, Billy the Kid and others) having to serve out a penance period before being allowed into Heaven. Chance brings an outlaw bad into their town and it's just a great story. Highly recommend:
You will thank me later.
Making the music since 2007.
Why not a little mood music? Def Leppard and "Have You Ever Needed Someone so Bad":
Reader Watchtower was worried "Dreamboat Annie" by Heart was too mellow for Friday night. I play all kinds of stuff, no problem:
I love that tune actually.
I played the next tune a while ago and it got rave reviews. Since then I have many new readers (thanks! leave a comment!) and a number of quality Twitter followers. I am playing again so this gets heard. You will love this Phil Pearlman! Cover of "Tears of the Dragon":
My favorite Guns N' Roses song is "You Could be Mine" out of a sea of killer songs. Everyone hates this one because it was attached to Terminator 2. Too bad:
Ok, two left.
Got this one stick in my head on drive home so it's Santa Esmeralda and "Don't Let me be Misunderstood":
That will get you moving.
Last call, grab a drink and whatever else you need.
Alice in Chains, "Would?" is nasty fine:
Have a good night.