DEANPARISIAN.COM

CEO, Parisian Family Office. Began Wall Street 1982. Drexel Burnham Lambert alum. Founded investment firm, Native American Advisors, '95. White Earth Chippewa, raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world on a social media dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, will always be, an optimist. Answer to no one.

Friday, July 13, 2012

TGIF

We sit through a 6-day stock market shit storm and see every single Dow point down erased in about 30 minutes at the start of todays ramp. then we trade about 25% lower average volume today than we have on average over the last 200 days. And even after taking a 9 billion dollar loss on derivatives trading, and the Libor scandal unfolding over at Barclays, JP Morgan still manages to be up 5.96% at the end of today and up 6.03% for the month. Yes, it's Friday in the stock market. And it's summer.

This too shall pass.