03-MARCH 05-2022

Make Your Parents Proud

Your life means something.  Every one of us has our own destiny.  Each of us is here for a reason.  You may not always know exactly what that reason is or which path to take, but if you do your best to follow it, it will reveal itself in time.  And whenever you hit a fork in the path and aren’t sure which way to turn, ask yourself this: “Who in my life do I care most about?”  And then make them proud.

  • Live the story you want to tell.  It’s important to have heroes whose stories you admire, but how much more exciting is it to live your own story.  This is a hero’s journey, and you’re the hero.
  • Don’t wait for the extra money, or the extra time, or the extra opportunity, to put your destiny and your dreams into action.  Tomorrow will take care of itself.  Take initiative now.  Start making you somedays turn into your everydays.
  • Don’t let money become the goal you focus on.  Money is a decent scoreboard for how well you’re managing the practical necessities of life, but it’s a terrible measure of personal success.  If you make money your goal, it will never last.
  • Happiness is a decision.  Not an emotion, not a situation, not the result of success but the source of success.  Genuine happiness comes from your heart, not your circumstances.  Find what it is that makes you happy, and make sure you are doing that.

ACTION STEP
List the people you care about most in the world.  Now ask yourself, what would make them proud of you?  And how would that feel?

March 05, 2021

ConstitutionGood morning.
Last year introduced investors to the concept of a “gamma squeeze.”  Traders buying call options on markets caused market makers to buy stocks as a hedge, which created a positive feedback loop.  That trade also works in reverse, where market makers need to short stocks seeing a rise in put option trading.
That’s part of the weakness in the tech space lately.  However, about one-third of all gamma trades will be gone after the close of trading today.  That could lead to a relief rally next week, or at least an end to the tough market grind of the past few weeks.

Have you been adding to any tech holdings lately following this drop?

Hit reply and let us know where you’re looking for bargains now.

Now here’s the rest of the news:

More than a Year Later, Americans Have No Idea Where $9 Trillion of Fed Money Went –Pam Martens and Russ Martens, Wall Street on Parade
The Fed loaned $9 trillion to Wall Street trading houses, without naming names.  We still don’t know what caused the repo loan crisis, or who might still be in trouble… [Read Here]

March 05, 2020

I thinkGood Morning.
What a great ending to the day!  Maybe central bank printing does cure the coronavirus after all.
It was good to see a panic bid in the market that has been so rare during this furious sell-off.  This may have legs to carry some of your underwater positions back into the black.  Hurray!

It took the S&P 500 only six sessions to fall into correction territory, the fastest downfall in history.  The Dow and the S&P 500 each fell 4.4%…

“The Coronavirus may clobber your retirement plans” —Greg Iacurci

Fear surrounding the global spread of the coronavirus, and its resulting economic impact, led to the worst week for U.S. stocks since the 2008 financial crisis…  🙁

March 05, 2019

Positive Approach

A little girl walked daily to and from school.  Though the weather that morning was question-able and clouds were forming, she made her daily trip to school.  As the afternoon progress-ed, the winds whipped up, along with thunder and lightning.

The mother of the little girl felt concerned that her daughter would be frightened as she walked home from school, and she herself feared that the electrical storm might harm her child.

Following the roar of thunder, lightning, through the sky and full of concern, the mother quickly got in her car and drove along the route to her child school.

As she did so, she saw her little girl walking along, but at each flash of lightning, the child would stop, look up and smile.  Another and another were to follow quickly, each with the little girl stopping, looking up and smiling.

Finally, the mother called over to her child and asked, “What are you doing?”

The child answered, smiling, “God just keeps taking pictures of me.” 😉

IMG_0712
Come From Aways, Do You?

More Posts

05-MAY 15-2022

Today “small town” in Newfoundland is… Salt Harbour. May 15, 2021 Struggling … how to break bad habits? “Nothing is impossible.  The word itself say, ‘I’m possible.’” –Audrey Hepburn There’s no one single reason why we struggle — to break bad habits, achieve our goals, or excel in our desired domain — but more often than not, the biggest challenge is sitting between your two ears. Yes, your mind is incredibly powerful, and quite frankly, it’s a double-edge sword.  The stories you tell yourself, the things you believe about yourself, and the way you talk to yourself can either be

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

Like this article?

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

Leave a comment

Send Us A Message