01-JANUARY 25-2021

MailScreenSnapz034Good morning.
A year ago, shares of Gamestop (GME) could be bought for under $5.  The retail operation was seen as on its last legs.  But then Michael Burry, of The Big Short fame became a fan.  So too, did the posters of Wall Street Bets, a subreddit of traders looking for their next play.  They were fans in regards to a short-squeeze thesis, given how many shares were already being held short.  That played out spectacularly on Friday.
Shares, which were as low as $12 just a month ago, closed on Thursday at $43 and surged nearly 70 percent intraday to a high of $76, before being halted.  The exchange halt caused shares to stop heading higher, and may mark an end of the rally — or not.  Traders looking for their next big win might be wise to take a look at other heavily-shorted stocks for a similar explosive rally.  They may also want to look out below when the buying frenzy stops.

Now here’s the rest of the news:

Since a year ago today, when the first Covid-19 virus was confirmed in Canada … Coronavirus has destroyed nearly $15 trillion in global stock-market wealth in just five weeks. (March 21 through April 30, 2020).

Silver Markets Showing Signs of Life –Christopher Lewis
“With Joe Biden talking about a potential $2 trillion worth of stimulus, one would assume that the US dollar would eventually suffer as a result, and of course the demand for silver […] should continue to be strong.”

Gold $1,858.28 (+1.5%)
Silver $25.62 (+3.0%)
Platinum $1,111.45 (+3.0%)
Palladium $2,393.77 (-1.2%)

January 25, 2020

5 Amazing Questions That’ll Make This Year Better

  1.  What parts of your business did you find the most joy from this year?
  2.  What did you avoid doing in your business this year?
  3.  What do you wish you had done more of in your business?
  4.  What do you wish you had done differently in your business?
  5.  What do you think you could do better next year?

These are the type of questions that make, The Best Sales Person I Ever Met

With a knock on the door … How many boxes of cookies will you be buying?
You’ll want to share them with your friends, won’t you?  😉

January 25, 2019

Getting a wee bit nostalgic?  Wistful?  Regretful?

Aren’t we becoming over familiar with the “Harsh Realities of Life!”?

What?  You?  …back to work!  [At the very least I’ve got my coffee]

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Come From Aways, Do You?

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06-JUNE 18-2021

Good morning. The biggest bombshell from the latest Fed meeting was the acknowledgement that inflation was coming in far higher than expected.  While the Fed continues its policy of trying to talk the market into always going up, some see a tapering of its asset purchases sooner rather than later. While that doesn’t mean higher interest rates right away, what it does mean is a big slowdown in money creation and addition to the central bank’s balance sheet.  That’s likely why both bond yields and gold prices have been dropping.  While tapering might spook the market, the prospect of lower

06-JUNE 17-2021

Good morning. Yesterday’s Federal Reserve meeting minutes kept interest rates at 0 percent, as expected.  And the Fed isn’t ready to taper its asset purchases (money printing) anytime soon.  But in trying to please everyone, the central bank sometimes ends up pleasing no one. The central bank made a big revision in its inflation estimates, from 2.4 percent to 3.4 percent.  While calling higher inflation “transitory,” the market isn’t so sure.  And, after the March meeting indicated no potential for an interest rate hike until 2024, there’s now an increasing possibility of a rate hike in 2023. The only real

06-JUNE 16-2021

Good morning. Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst. Time

06-JUNE 15-2021

Good morning. Most financial news is predicated around the idea that markets are either going up or down.  But sometimes, like now, indices are largely trading sideways.  When that happens, traders will start to look for clues as to what happens when the sideways trend ends. For most market conditions, a sideways trend can last anywhere from 6-12 months in part of a broader bull market.  That looks like the case here, given that most indices are still near all-time highs.  But it’s a time to find companies that have been hit the hardest and look set for the biggest

06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and car prices (both new and used), is also leading to potential buyers to hold off on making a purchase. That could reduce demand enough to keep prices from heading higher in those areas.  A slowdown in governmental assistance to the economy in the form of stimulus checks and high spending may also help nip this rising inflation in the bud. 

06-JUNE 13-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Naturally beautiful: Newfoundland, Canada. …pink and very colourful! P.S. “In order to succeed, your desire for success should be greater than your fear of failure.” –Cosby Show June 13, 2020 “What you can create will absolutely astound you, but you have to start now.” —Marie Forleo Top 10 Benefits of Using Resistance Exercise Bands 1. ADAPT EASILY FOR MULTIPLE FITNESS LEVELS…  Resistance bands come in multiple resistance levels, usually light, medium or heavy.  You can further adjust

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