01-JANUARY 03-2022

School of fake newsGood morning.
It’s no secret that traders who follow great investors can perform nearly as well.  While value investors may flock to Warren Buffett, the past year has seen options traders jump into trades made by Speaker of the House Nancy Pelosi.  While disclosures from members of Congress aren’t as timely as corporate insiders, those deciding on trillions of dollars in legislation tend to be a good group of people to follow.  Plus, those disclosures include options trades.
From the latest disclosures, Nancy has been predicting a strong 2022, with the purchase of a number of call options expiring in 2023.  That includes big tech names like Google (GOOG), Micron (MU), Roblox (RBLX) and Salesforce (CRM), as well as The Walt Disney Company (DIS).  Options traders looking for ideas in the year ahead might want to consider following those trades on any dip early in the new year.

Precious Metals Prices
Price at week’s end (change over last week)

Gold … $1,816.56 (0.4%)
Silver … $23.11 (0.7%)
Platinum … $971.25 (-0.9%)
Palladium …$1,996.53 (1.0%)

Now here’s the rest of the news:

Analyst Reveals His Gold Prediction Secrets: It’s All About Oil
It’s well-known that when gold soars, silver invariably follows.  This kind of close correlation could soon be established between gold and another commodity that has been soaring recently: oil… [Read Here]

Why Retiring In 2022 Could Be the Worst Decision of Your Life
Ron Surz is an industry veteran with a niche focus on baby boomers.  Surz has managed target date funds for 401(k) plans since 2008.  He recently issued a warning about… [Read Here]

January 03, 2022

Only one Darren Hardy Recap this week!

“Success is the maximum utilization of the ability that you have.” —Zig Ziglar

The beauty of Newfoundland and Labrador shine!

Abstract Mountains Background Moody Exploring Newfoundland

Not sure where in Atlantic Canada this picture was taken with the Abstract Mountains Background.

January 03, 2020

Stopping bye my old Co-op workplace, a young fella came up to me to proclaim, “I am working overtime so I can make the payments on my car so that I can go to work. What about you?”

I chuckled, not saying what I was really thinking … that I was pleased he was working, paying taxes, and contributing to my gov’t pension.  I chuckled, yes!  Smiled, and said, “I had retired last year.”

Darren has an experiment for us … a test of sorts.

Remember: For those who are prone to motivation by fear … you cannot fight fear with hope … you can only fight fear with FEAR.  You must find the greater fear in NOT following your suggestion.  To up the fear ante in the alternate choice.  To accept a lesser pain than a promise of pleasure.  😉

January 03, 2019

Sunny Day
Taken just minutes ago out our front door…

Good Afternoon World!

Sunny afternoon in Calgary¹ today… as I look forward to learning all I can in the next 4_days about Social Media.  I am enrolled in an online course which contains 41 modules … set your own pace.  We’ll see… complete one… move on to the next!

My wife is a lot better at keyboard & computer stuff so [Caryl] promises to help organize (adding descriptions and pics) as we prepare to open our virtual garage in our back office.  My book reading is coming along well also!

“Success doesn’t come from what you do occasionally. It comes from what you do consistently.”
Marie Forleo

¹…one of nicest, warmest Winters-on-record!

January 03, 2018

(zip)

January 03, 2017

Yes!  Slept in this morning, although I did manage to make breakfast for Caryl before she went to work!

Check email … posted a few things on Facebook, and later, checked on my stocks.  I invest online, without a broker.  I do so with a fair amount of know-ledge as I subscribe to several money-magazines & online trading publications and services.  Nice to see the market move, in the right direction … I’ve done well today!

Off to the dentist now, to get my teeth checked, cleaned, and polished…

…back from the dentist, ouch.  Need to brush more frequently and floss better!  All is very well.  Started preparing supper for when Caryl gets home, then I’ll probably return to my home-office for awhile, back to bed early tonight, as I’ve an early start tomorrow!

REW

IMG_0712
Come From Aways, Do You?

More Posts

08-AUGUST 15-2022

Good morning. The market rally of the past few weeks has helped take stocks off their recent lows.  On Friday, stocks recovered a full 50 percent of their losses from the market top. Many traders view a 50 percent retracement as a sign that a market rally is sustainable, and not just a bear market rally that could end up leading stocks lower.  In short, this is the strongest “all clear” signal yet following weeks of the market trending higher. While this is usually a bullish sign… such signals also tend to occur when interest rates are falling or flat,

08-AUGUST 14-2022

We can almost taste the sea air… St. John’s, NFLD. August 14, 2021 10 Benefits of Helping Others “Be helpful.  If you see a person without a smile, give him one of yours.” –Zig Ziglar Volunteering your time, money, or energy to help others doesn’t just make the world better – it also makes you better.  Studies indicate that the very act of giving back to the community boosts your happiness, health, and sense of well-being. Here are 10 benefits of lending a helping hand.  1. Helping others feels good.  There is some evidence to suggest that when you help

08-AUGUST 13-2022

Today! August 13, 2021 Good morning. The latest jobs numbers are looking good, with fewer new claims being filed and unemployment dropping.  But there’s a critical mismatch: There are still over 10 million job openings and as many as 12 million still receiving some kind of unemployment benefit. The Fed has committed to keeping the monetary spigot open while the labor market is under full employment, but some will always be between work or unable to work.  This mismatch may start to resolve itself later in the year, as extended federal unemployment benefits end in states that didn’t end the

08-AUGUST 12-2022

Good morning. Oil prices have been driven by an imbalance between supply and demand for the past few years.  While OPEC has looked to gradually raise output, the cartel is now expecting markets to move into surplus this year.  That’s in contrast to other estimates right now. OPEC’s research may be the first step towards moving to cut its total output, potentially later in the year by likely some time in 2023.  That could help put a floor under oil, which has ranged as low as $90 recently after getting as high as $120 earlier in the year. While oil

08-AUGUST 11-2022

Good morning. It finally happened.  After months of rising higher and higher on an annualized basis, inflation has finally cracked.  While the market liked the read of “only” an 8.5 percent year-over-year increase, it’s still incredibly high by any standard. And inflation is cumulative.  So the longer it’s higher than average, the more destructive it will be for investors over time.  While it’s a sign of good news, getting inflation down faster still means the economy will need to see a bigger slowdown from where it’s at now. So while markets jumped on the news, it’s possible that as the

08-AUGUST 10-2022

Good morning. Stocks have been trending up for the past few weeks.  And with earnings season going fairly well, many traders may think the worst is over.  Yet, with the Federal Reserve rapidly tightening monetary conditions, and with inflation still running rampant, we may yet see another leg down for the markets. As with 2008, when the idea made the rounds that the pain in the subprime mortgage space was “contained,” there are any number of potential shocks to the economy that could cause the recent rally to stall.  We may already see that with the number of chipmakers this

08-AUGUST 09-2022

Good morning. When it comes to America’s lawmaking process, you can get a good idea of what will happen by taking a law’s title and assuming the opposite.  Many are taking that approach with the “Inflation Reduction Act,” a law just passed by the Senate and moving to the House for a vote. Rather than cut back government spending, the law looks to increase it by hundreds of billions of dollars.  With the government running a deficit, chances are this legislation will add to, not reduce, inflationary pressures. That’s especially good news for the wealthy, as high-earners will be largely

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Leave a comment

Send Us A Message