Market Commentary

Saint Francis Capital

“Well, I Warned You…”

By Kaye Riggs / October 6, 2020 / Comments Off on “Well, I Warned You…”

I’ve been eyeing this market mini-rally we’ve experienced of late with a bit of a jaundiced eye. Wall Street is subject to the same emotions as the rest of us (i.e. “greed/fear”) and it was on full display this afternoon as the President twittered the end of stimulus discussions for now. Since “THE MARKET” had…

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Saint Francis Capital

“Are We in ‘Interesting Times’ Yet?”

By Kaye Riggs / October 2, 2020 / Comments Off on “Are We in ‘Interesting Times’ Yet?”

As I write this, President Trump has just been transported to Walter Reed Hospital in Washington, D.C. as a “precaution”. Since the statement was likely written by “Washington-speak”-ers, I have no idea if the President is clinging to life or was merely “transported to Walter Reed Hospital in Washington, D.C. as a ‘precaution’”. In any…

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Saint Francis Capital

Bloody September

By Kaye Riggs / September 30, 2020 / Comments Off on Bloody September

“You can close the book on [September]… Thank God!”Harry Doyle – “Major League” Harry Doyle—a man for our times and sorely needed today if you ask me. Is he still in Cleveland? So, anyway, if you’re like me—and just why wouldn’t you be, huh?—September can’t disappear over the horizon fast enough. While we certainly expected some…

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Saint Francis Capital

“Well, That Was Fun…”

By Kaye Riggs / September 4, 2020 / Comments Off on “Well, That Was Fun…”

September 4, 2020 Yesterday and today saw the sell-off of a good portion of the NASDAQ—which just happens to be where a good deal of our portfolio holdings are. And we took it on the nose—and other body parts, too. (Not sure yet, I’m still checking the damage, but I need a full-length mirror to…

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Saint Francis Capital

“I Didn’t Like the Set-Up…”

By Kaye Riggs / June 26, 2020 / Comments Off on “I Didn’t Like the Set-Up…”

June 26, 2020 “I Didn’t Like the Set-Up…” You may have gotten about a hundred trade confirmations today (sells, not buys). There are a bunch of really good reasons we cut just about everything by 50% today. They can be summarized by the headline: “I just didn’t like the set-up…” If you paid even a…

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