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Frank Fahey: Market News for the Prepared Mind: 1.23-1.30.2017


“Chance favors the Prepared Mind.” – Louis Pasteur

“Imagination decides everything.” – Blaise Pascal

“There are known knowns. These are things we know that we know. There are known unknowns.That is to say, there are things that we know we don’t know. But there are also unknown unknowns. There are things we don’t know we don’t know.” – Donald Rumsfeld

“Confidence is ignorance. If you’re feeling cocky, it’s because there’s something you don’t know.” ― Eoin Colfer

If you wake up early on Monday mornings tune in to “Stocks and Jocks” – a financial talk show with sports commentary airing Monday-Friday, 6-8AM CT on stocksandjocks.net. I join host, Tom Haugh, at 6AM CT every Monday. The show has been described as combining “the market insight of Louis Rukeyser, a dash of sports, and the humor of Seinfeld with truly honest stock market and economic advice.” My area of expertise is honesty.

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Back to Deja Vu


Good morning. It has been a while since I have written, and most have followed the markets and the news by listening to our morning radio show “Stocks and Jocks.”

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It’s All Greece to Me


Good morning. Last week the market was essentially flat, with the SPY down .21 to close at 134.36. That still leaves the SPY up 7% on the New Year in six weeks.

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For “The Greater Good”


Good morning. The market was virtually unchanged in a slow week of trading last week, with the SPY up .31 (.2%) to close at 131.82. Still, that increase added to the gains so far this year, which now stands at 4.8%, a healthy start for the S&P.

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Let’s Talk Monetary Theory


Good morning. The market continued its move to the upside last week, with the SPY up 1.13 (.9%) to close at 128.84. That close represents a move of 2.7% (3.84) since the start of the year and an impressive 7.3% (8.81) since the recent low on Dec. 19 of last year. Even the S&P downgrade of several European countries late last Friday, including France losing the coveted AAA rating, has not seemed to stop the market advance.

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