Pac Sun Reports

“Most milestones of the human journey, good or bad, are foreshadowed by the sound of a ringing.”      Mitch Albom There were plenty of milestones ringing the bell on Wall Street in the first quarter of 2017. The DOW crossed both the 20,000 and 21,000 levels for the...

“The political and commercial morals of the United States are not merely food for laughter, they are an entire banquet.” Mark Twain Saturday Night Live has been in rare form these past few weeks. Alec Baldwin and Kate McKinnon are so good imitating the candidates that...

“Let June 23rd go down in history as our Independence Day!” Nigel Farage, Leader of Britain’s Independence Party.  “Britain was already independent. In fact, it’s what many other countries celebrate their independence from.” John Oliver, HBO Last Week Tonight Show...

"She moves in mysterious ways. It’s alright, it’s alright." U2 When your statements arrive this week you may be in for some sticker shock. January was the worst month for the DOW in more than 5 years. If you feel a little poorer, even if it’s only for one...

“People should watch the extremes. On those big down days, hold your nose and buy.” Donald Selkin  The stock market made history this week. It was the worst start of a year for the DOW and the S&P 500 ever! In a precipitous free fall to begin 2016, courtesy of the...

“We called the correction! We saw this coming and got out before the fall! Our sell strategy worked!”  Have you been hearing these kinds of “told you so”, self-congratulatory expressions in the media lately? Do you believe them? In 1987, while working as a stock...

"By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine." Paul Krugman, Economist, 1998. As you may know, the markets finally ran into a wall this week and crashed. Domestic stocks lost nearly $1 Trillion...

In the film “My Big Fat Greek Wedding”, Toula is going through a mid-life crisis. She wants to work outside of the family restaurant, take computer classes, and date someone who isn’t Greek. Her father Gus, who fixes everything by spraying Windex on it, cannot accept...

  While reminiscing and laughing at the 40th Anniversary Celebration of Saturday Night Live this week, I was reminded of how time flies. The skits, the characters, and the catchphrases of SNL surely defined our society, recorded our history, and bridged our...

“I’m afraid to look.” These words were heard often this past week…and they weren’t referring to the local Halloween haunted house or the violence on TV. The stock market is in a scary tailspin. Wild volatility is back. The DOW lost 465 points last week! The S&P...