03-MARCH 22-2021

Kid SafeGood morning.
The third Friday of the month for every quarter of the year sparks an event known as quadruple witching, or quad witching.  That’s when markets settle for stock index futures, stock index options, regular stock options, and single stock futures.  The combination of so many derivatives expiring can sometimes lead to some large moves, especially with so many new investors starting to trade options to get a better return than stocks.
The first quarter of 2021’s were relatively calm, as shown by a stock market exhibiting little of the volatility of sessions in prior weeks.  Now, with funds making their quarterly rebalancing buys and sells, the market may likely shake off some of its recent volatility and calm down for a few weeks.

Have you been making more options trades in the past year to take advantage of this increased volatility?

Hit reply and share your thoughts.  And thanks for sharing your thoughts so far!

Now here’s the rest of the news:

Just Before the “Everything” Bubble Explodes: Stock Market Mania in 2021 
Has the market gone insane?  Is the enormous “everything bubble” inflated with stimulus cash headed for a historic explosion?  Is the market in a “mania” phase right now?  Let’s take a closer look… [Read Here]

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

Gold  $1,746.86 (+1.0%)
Silver  $26.34 (+1.2%)
Platinum  $1,204.37 (-0.6%)
Palladium  $2,669.73 (+10.9%)

March 22, 2021

Attitude works well

Clearly, attitude is a difference maker, and let’s face it, most of us could stand to polish ours — at least in one domain of life or another.  How do you go about changing your attitude?

  Evaluate your present attitude.  Mindfulness and awareness are key to improving an attitude the desperately needs changing.
  Have a desire to change.  No choice will determine the success of your attitude change more than desiring to change.
  Change your attitude by changing your thoughts.  After all, attitudes are nothing more than habits of thought.
  Manage your attitude daily.  Remember, maintaining the right attitude is easier than re-gaining it.  As the great John Wooden said, “Things turn out the best for people who make the best of the way things turn out.”
  Take responsibility for your attitude, which is totally in your control.  You can’t control the weather, but you can control the atmosphere of your mind.

Here’s to you … and now …
Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

I’ll leave you with another picture from NFLD & Labrador…

NFLD & Labrador

 

March 22, 2019

Yes, I’m awake at 2:12 in the morning!

Mark Eppler, in his book “The Wright Way,“ writes that the key to their intense arguments was not driven by anger but rather a commitment of free — flowing information — a valuable tool for innovation.

As Wilbur Wright put it, “Honest argument is merely a process of mutually picking the beams and motes out of each other’s eyes so both can see clearly.”  Always seek useful truth from both sides.  Or as Wilbur added: “After l get hold of a truth, l hate to lose it again, and l like to sift all the truth out before l give up on an error.”

Irish poet and playwright Oscar Wilde supported the Wright brothers’ logic when he said: “The well-bred contradict other people.  The wise contradict themselves.”

In other words, it’s fine to change your mind after listening to all sides of an argument.  There may be issues you didn’t consider, or information that you were unaware of.  There may just be a better way to deal with a problem that you hadn’t considered.

I’ve always felt that debate or arguing is healthy.  Whenever I’ve had two coworkers disagreeing over something, I’ve always tried to listen with an open mind and learn different viewpoints.  lt can be very helpful in decision-making.

One important thing I’ve learned is not to play favorites.  You must give both sides a fair hearing. You cannot go into a situation with a predetermined outcome or you will lose your credibility.  You must treat everyone and their viewpoint respectfully.  😉

March 22, 2017

“Being the richest man in the cemetery doesn’t matter to me.
Going to bed at night saying we’ve done something wonderful, that’s what matters to me. ”
—Steve Jobs

The Art of EXCEPTIONAL LIVINGJust finished listening to a 6-CD set entitled, “The Art of Exceptional Living,” by Jim Rohn.

What a fascinating recording by an exception man.

I’ll re-capture a few key moments and put the recordings on my Facebook A.S.A.P.

 

REW

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Come From Aways, Do You?

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Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!! Beautiful red fishing shack and boat house at the Atlantic ocean shore, Newfoundland, Canada …very peaceful! October 10, 2020 The KEY To Change “Everyone thinks of changing the world, but no one thinks of changing himself.” —Leo Tolstoy Everything begins with a belief.  As Ralph Waldo Emerson once said, “Life consists of what a man is thinking about all day.” Along those lines, what we think determines who we are.  And who we are

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