O.J. Simpson Museum Shows the Worst in Americans

Make certain you follow H. Alan Scott on Twitter !! – TheAcsMan

Since the 1994 deaths of Ron Goldman and Nicole Brown Simpson, the subsequent trials and tribulations of accused killer O.J. Simpson have captured the attention of the world, for better or worse, because a celebrity may have somehow “gotten away with murder.” But behind the barely remembered facts and the strange pop culture phenomenon the case…

Make certain you follow H. Alan Scott on Twitter !! – TheAcsMan

Pioneering Comedian Dick Gregory Dies, Aged 84

Groundbreaking civil rights activist and comedian Dick Gregory has died, aged 84. Gregory’s family shared news of their “enormous sadness” on social media, announcing his death after he was admitted to a hospital in Washington D.C. with an undisclosed illness. “It is with enormous sadness that the Gregory family confirms that their father, comedic legend and…

Most Young People Are Having Bad Sex Regularly

We know that young people today are having less sex than their parents and grandparents did at their age, but new research suggests that they might not even be enjoying the little sex they do have. A Canadian study found more than three-quarters of young men and women have trouble with their sex lives, and the…

How to respond to hate

The following editorial appeared in the Chicago Tribune on Monday, Aug. 14: ——— What makes American democracy shine is not the absence of hate but the response. Repugnant ideas have always swirled in this country amid the legitimate: Racism, anti-Semitism and crackpot nationalism exist. Such ugliness is not outlawed. It is protected by the Constitution. It…

Quick settlement in lawsuit over strippers and sex toys at finance firm

TINTON FALLS — A lawsuit filed Thursday afternoon by three women against several related financial firms about what they call a “Wolf of Wall Street”-like culture — including strippers, lap dances and sex toys — in the office has been settled. Attorney Jeffrey Testa, who is representing the financial companies, said the allegations were being withdrawn…

Moderate-Heavy Drinking May Protect Some From Alzheimer’s

Heavy drinking is generally considered a hazard to your health, but new research suggests there may be an exception to this rule if you’re a white, older, middle-class American. According to the study, older adults who regularly consume moderate to heavy amounts of alcohol for most of their lives are more likely to live to the…

 

Sean Spicer Hits Back at Melissa McCarthy SNL Parody

Outgoing White House press secretary Sean Spicer has criticized the notorious parody of him by Saturday Night Live comedian Melissa McCarthy as “over the line.” “I think that there were parts of it that were funny, but there’s a lot of it that was over the line,” Spicer told Fox News’ Sean Hannity on Friday. Hours…

Your Face May Reveal If You’re Rich Or Broke

We all know first impressions are highly influential, despite being told not to judge a book by its cover. A person’s face can reveal a wealth of information ranging from their personality to their health. Now, researchers at the University of Toronto suggest social class can be accurately predicted by looking at someone’s neutral facial expression.…

More Selling

 

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A few weeks ago, 2 weeks to be precise, as I don’t write very much anymore, I did something that I had never done before.

That was to sell positions in order to raise cash.

The positions that I sold, weren’t in my usual “covered option” portfolio. They were all uncovered index funds that I had held for quite a while and had some nice long-term profits on them, as they just went along for a long market ride.

2 weeks ago on a day that the DJIA went about 144 points higher, I sold 50% of those accumulated shares.

I did so because I saw nothing to warrant the belief that we were heading even higher, at least not for a basket of stocks kind of portfolio.

Individual names, maybe. A basket? Not so much.

But, I did so with the intention of going back in with the cash to buy once again, although not all at once if the S&P 500 had retraced a mere 3% or so.

In those 2 weeks, the portfolio that held those index funds outperformed the S&P 500 by 0.5%, partly because the S&P 500 fell about 0.1% in that time period.

Yesterday, on the heels of a 130 point gain in the DJIA, I sold the remaining 50% of those index fund shares. read more

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America Is Still Great (for Some Things)

Don’t think about it too much. That’s my advice. Yes, as you read this, the federal government remains a hot tub gurgling a witch’s brew of dysfunction and malice. Yes, the president is still tweeting insults at television hosts while his administration works to perhaps suppress voters and leave tens of millions of people without health… read more