Advisors' Roundup - September 18, 2015

Financial News for this week:

Why it's worth riding out the bad years:
The Reformed Broker

Quote of the week:

APPLE MISSES!!

That doesn’t mean Apple lost money. It just means a bunch of idiots decided Apple’s earnings should be X and instead it was X-1. Apple is the most profitable company in history. - James Altucher

Now THAT'S a long-term investment!
Bloomberg 


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Compton Advisors, LLC is a Registered Investment Adviser (RIA) firm regulated by the Securities Division of the Missouri Secretary of State office. Compton Advisors, LLC does not render personalized financial, investment, legal, or tax advice through this blog. This information is for informational purposes only and does not constitute financial, investment, legal, or tax advice. This information has not been approved or verified by any governmental authority.

Completed Transactions

John Dutemple sold, for a family account, 600 shares iPath S&P 500 VIX ST (VXX) with a limit order.

Note: VXX is an exchange traded note that generally rises in value with an increase in volatility of the underlying index (the S&P 500). The sales above were profit-taking on an instrument design to perform well in down markets, not an instance of market capitulation.

Mr. Dutemple still has open VXX orders outstanding covered by the initial proposed transaction notice.