A Writer's Blog

Chart of the Morning: $GOOG(L) in Free-Fall

10/15/2014

To those playing the home game, I know that some of the terms I throw around must be confusing - moving averages, ranges, etc. However, these terms and concepts are important. Let's cover the moving average today as this Google chart illustrates the importance of those lines.

Look at the chart. See how the pattern seemed to hover inside the drawn lines for quite some time? That is...until the stock broke the red line, which was the 200 Day Moving Average or 200 DMA. A moving average is the price action of that time period smoothed out, sort of like throwing out the high and low scores in a judged competition like gymnastics or figure skating. After Google broke that red line, it's been an ugly drop down.

ELLA is Live at Amazon -

10/14/2014

I'll call today the "soft-roll" of the publication. Yes, that's the waiter in me talking - a soft-roll of a menu is quite common. So, the book is available. The only thing missing is my name on the Amazon Page. However, the actual product is 100% and I hope you enjoy it. Thanks again to those that helped make this day possible.

Here is the link to Amazon.

#Fiction #Serial #WWII - Last Will and Testament of Bernadette Cynthia Healy - Episode 24 - @duchessshire

10/14/2014

LAST WILL AND TESTAMENT OF
BERNADETTE CYNTHIA HEALY
EPISODE 24

At that moment Keith returns carrying a tray of water, glasses and some hastily presented biscuits on a small plate.

'Keith, please join us.' I turn my attention to Mr Hayworth, 'would it be possible for Keith to record the minutes of this meeting? You would have no aversion to that I hope?'

'Of course, be my guest.'

Keith sits down at the back of the conference room, only two rows behind Mr Hayworth, facing me. Having surrounded our intruder and had a sip of water, I relay the questions and answers we have shared so far with Keith. He jots down several notes in his indecipherable short hand and I wait for Mr Hayworth to resume his interrogation.

'Would you mind giving a short rendition of your relationship with Ms Healy, a brief outline of how the two of you know each other?'

I clear my throat, I don't want to seem uneasy in front of Summerbees' representative, however, I also don't want to divulge my personal life in front of a stranger and a close friend and colleague. 'We were acquaintances through my late husband.'

'But from our records I can see you haven't been in contact with her since 1978, when your eldest daughter got married. Can you tell me why she'd bequeath to you, someone she hasn't spoken to for twenty five years, a sum of £6.3million? Even if you do complete the request, it seems a rather absurd amount for someone, as you say, she barely knew.'

I'm horrified by his knowledge, and the gleam in his eye lets me know that he is completely aware of the affair his client had with my husband. I am unsure how to react, I do not want to let my emotions get the better of me, but I would love nothing more than to wipe that smug smirk off of Mr Hayworth's lips.

Keith, thankfully interrupts the silence, 'are you saying that Ms Healy may not have been in her right mind when she had her Last Will and Testament drawn up? Does that mean someone is contesting the Will? Because last I checked, Summerbees policy is to always have a psychological report certified before the Wills are signed? This means, either the Will for Ms Healy is completely sound, or someone wasn't doing their job properly, which is it Mr Hayworth?'

I could kiss Keith. The smug grin has certainly left Mr Hayworth's lips, and at long last he grabs a napkin from the tray of water and biscuits and blows his nose. The disturbance gives Keith and I enough time to share a look of triumph. I notice that Keith is also twisting his index finger in a circular manner, an indication that this meeting is worth wrapping up sooner rather than later.

After the nose of Mr Hayworth's has been properly blown and wiped, I stand to indicate that this meeting is over.

Chart of the Day - Oil Crashing Into Bear Market - Settles at Lowest Level Since June '12

10/14/2014

Oil finally hit a day I'd call capitulation. Off 4 percent and most of it happened in the final hour of trading before the settle amount. Will this rout of oil prices stop? Is this good/bad for stocks and the general economy? There are varying opinions on this, so for now I'll say this - Watch 80. Can oil hold that line in the sand?

The Morning News: Hottest September Ever - #ClimateChange

10/14/2014

All you hear on the news is Ebola. Almost nothing about the hottest September ever recorded. Nothing to see here.

Breaking News: UK Votes to Recognize Palestine as a State

10/13/2014

In a non-binding vote, the UK house of Commons voted to recognize Palestine as a state. While this does not lead to any official change in British policy, it gives Palestine added leverage in its negotiations for a two-state solution in the ongoing conflict. Will this lead to more peace in the region? Only time will tell.

Read the whole story at Huffington Post.

Market Leaders - $GOOG(L) $MCD $XOM Take Beating

10/13/2014

Three of the most important and widely held stocks in America suffered brutal trading sessions. Google especially took it on the chin on large volume. McDonald's continues its recent swoon and threatens to break 90. And finally, Exxon Mobile is crashing with the price of oil.

Chart of the Day - $SPY Fails at 200 DMA

10/13/2014

The market started the trading day in the red, yet managed to rally into positive territory for quite some time. However, the wheels came off the bus for the S&P 500 and was sounded rejected at the 200 DMA for a really nasty finish to the trading session. This is only *one* close below the 200 day and no, one close below it does not break the uptrend - however, it must be re-taken soon.

$GOOG(L) At Inflection Point - Can it Bounce off 550

10/13/2014

Google hit the 550 mark I mentioned last week in early Monday trading. Will it bounce off this level or will we see further weakness? If the stock continues to slide, the Nasdaq will slide as well.

Cartoon of the Day - Ebola - One American Dead - Fox News, CNN Say World is Ending #Ebola

10/12/2014