Friday Market Wrap Up

Well,the global markets this week certainly seen a lot of volumes volatility with many winners and losers This morning opened with still more global uncertainty about the Fed Bank interest rate hike. The Fed announced yesterday that it's still split even over a huge rate hike amid worrying that hiking that benchmark will add a global see of investors running for the exit door crying foul. Fed chairman statement early this week seems to trying to calm the nerves of investors whose investments and retirement funds are being directly effectively slashed. Pension funds are always the first wave to feel the Fed Banks heat with pertinent insurers on scene screaming enough is enough with your rate hikes. On the broader front Friday global markets again resumes a mixed swing primary fueled by nervous investors who aren't sure if they should bailout or not. Then you add in the news that OPEC reached a tentative agreement on light sweet crude oil production. This over the beginning of the week fueled extreme pessimism about OPEC abilities to delivery on any new production agreement. Real Estate factors into early this week with a report from the Treasury Department and other agencies combined show new homes construction down but overall homes sales still relatively stagnant. Global markets reached a plateau on Thursday afternoon when big banks like Credit Suisse,Bank America,JP Morgan Chase posted financial reports showing better than expected earnings for this quarter. The S and P 500 and the Dow both reacted to the positive position with a gentle upswing average 28 points. This is very timid on the markets because the bears have been being the usual cynicism calling for investors to bailout while beating the markets by a two to one margin. Today shows some hope at 11:07 am that a market correction is coming with some international news to report. Interest rates for homes dropped about a half percent and the worlds largest retail store chain Wal Mart posted largest profit share gains since the store announced it's global expansion by building additional new stores in America. Other factors have spurred investors to check,change their portfolios into certain specific hubs of safety like transportation sector and energy. Ones like CSX Railroad and Texas Energy Limited plus others have contributed to investors playing the markets long ball hoping to stay in while not suffering a blood bath on their stock options,futures. Getting close to lunch hour time the markets still show that awful sucking sound of disaster looming ahead. You see it in the underpinnings in the global markets and the Dow,NASDAQ the big picture with the macd,russell 500,1000 show steady rollercoaster signals. Well I am a contrarian by nature which means I buy on other peoples pain,market mistakes that I guess explains why my gorgeous wife HM Queen of Scotland Pam L (Porter) Norton and I have built fortune 500 businesses while everyone else floundered and flopped like a wounded duck. Seriously food for thought folks when you try to gain wealth useage of the global markets and real estate etc these are wealth vehicles. Oh, one final note today we beat the markets both of us contrarians buying up companies and playing our hand in the global markets advance our cause determined to beat Warren Buffett at his own game. Watch out Berkshire Hathaway Corp. Warren Buffett or you'll make a mistake,we will walk in and own your businesses.. We are the husband and wife dynamo team of leverage buyouts,mergers and acquisitions..

Invest Smarter not Dumber than the Herd.
HM John Norton