01-JANUARY 25-2022

Great PlanGood morning.
On Friday, the stock market broke its 200-day moving average lower for the first time since July 2020.  Stocks are looking at oversold levels going into the weekend, with many names down much further than the overall stock market index.  But yesterday’s wild trading saw a massive drop reverse into a gain at the close.
This reversal could be a sign of capitulation by sellers, and that the worst of the current decline is over.  With leveraged traders already wiped out, and plenty of cash from retail and institutional investors on the sidelines, the market could see a strong bounce back recovering half or more of its losses in just a few weeks.
Traders should line up their future positions now if they haven’t yet, and select prices at which to start buying even while it looks like carnage out there now.

Now here’s the rest of the news:

Fidelity Triggers Frenzy Among Gold Investors with This Announcement
Fidelity International says that gold does more to diversify your savings than typical commodities.  They also say it is a risk-free way of… [Read Here]

American Companies Swoop in To “Fix” Inflation (But They Left Out This Fine Print)
Since it isn’t likely that inflation will ease any time soon, we should prepare for “sticker shock” in the near future.  That’s because… [Read Here]

January 25, 2021

Something CleverGood 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]

IMG_0712
Come From Aways, Do You?

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05-MAY 15-2022

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05-MAY 14-2022

Today! May 14, 2021 Good morning. One year ago, oil prices went negative as traders feared that the pandemic would lead to prolonged drops in oil use and got caught in trades they couldn’t get out of.  Today, oil and gasoline prices have held up well in inventory reports.  However, supply issues remain in the South and up and down the East Coast, even as Colonial pipeline paid a $5 million ransom to the hackers who shut down their system.  A number of states have declared emergencies as supplies have run low. It just goes to show that oil, one

05-MAY 13-2022

Good morning. Meme stocks are back!  Well, sort of. A spike in companies like AMC Entertainment (AMC) and GameStop (GME) occurred yesterday.  GameStop was even halted multiple times on the way up (but not on the way down).  Oddly, this may be an early sign that markets are looking for a short-term bottom, given the sharp reversals higher. On CNBC, analyst Jim Cramer came out against the traders of meme stocks using sites like Reddit’s Wall Street Bets, to find the meme stock opportunities in the first place.  Tough words for someone whose television show features sound effects.  But for

05-MAY 12-2022

Good morning. The good news?  Inflation has slightly slowed on a year-over-year basis, for the first time in seven months.  The bad news?  It’s still high at 8.3 percent.  And it came in higher than expectations. Looking at the data shows some reasons for the unexpected strength.  Most components of CPI still rose more than 6 percent in April.  But soaring food prices – which we’ve warned about fairly often — were a big contributor.  Another big move higher was record airfare prices, as high fuel costs and a reopened economy drove prices up. The data doesn’t give too much

05-MAY 11-2022

Good morning. Typically, growth stocks lead the market.  That’s because these companies have the ability to scale up rapidly, and one of the best signs of a stock heading higher over the long haul is increased earnings. Yet every few years, value stocks have their time to shine.  A year ago, Warren Buffett’s performance as being derided.  Yet he’s buying stocks now.  In contrast, Ark Innovation, the hypergrowth fund managed by Cathie Wood, is now not just down relative to Buffett — but it’s underperforming the S&P 500 since its inception. Can these trends reverse in time?  Yes.  Will they

05-MAY 10-2022

Good morning. Any econ 101 student can tell you that there’s a lag effect between something like, say, the creation of trillions of dollars in spending, and inflation rates reflecting that.  We’re seeing that trend play out today, with the highest inflation levels in decades. The good news?  Some of that new money first went to financial markets, rather than in goods and services.  That helped keep many things affordable, especially during the initial lockdown phase of the pandemic.  But today, we’re seeing the impacts of those past lockdowns (and current ones).  And we’re seeing that handing out money directly

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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