04-APRIL 14-2021

While YoungGood morning.
Coinbase is expected to make its initial public offering today.  Analysts have provided expectations for the company to trade as high as $600 per share, and potentially with a valuation of $148 billion.  That would make for one of the largest companies to go public in history.
With cryptocurrency prices rushing to new all-time highs ahead of the IPO, and with estimates getting increasingly bullish for the space, this big IPO could be a sign of a top.  While the chart patterns suggest such a top is a long way off, traders should watch to see how shares perform, as it may give a clue as to the next pause or drop in cryptocurrencies as well.

Now here’s the rest of the news:

“I Don’t Know What I’m Doing… But I’m Making Money!” Despite Correction, Investors Are Exuberant –Lance Roberts,ZeroHedge
This isn’t a bull market or a bear market.  It’s a know-nothing market.  Investors who worked hardest used to earn the most.  Now?  The money goes to the dumbest… [Read Here]

April 14, 2020

Hibernate on itGood morning.  This will be an interesting week as corporate earnings season officially kicks off with the big money center banks announcing earnings.
JP Morgan (JPM) and Wells Fargo (WFC) get us started this morning with expectations of around a 6% move on JPM and around an 8.5% move on BAC.  The direction and magnitude of the movement may give an important indication where the next leg of the market is headed.  With the large move last week, it makes you wonder if traders will sell the news no matter what.

April 14, 2019

DECLARATION FOR THE DAY:
I Am A Leader.  I Don’t “Wait And See.”
Proactive To Finding A Solution To My Problems.
(Say this 3x times today)

How To Be A Leader People Want To Follow:

  • Can you lead even when you’re fearful?
  • Can you lead when things are uncertain?

The short answer is, YES!  And my answer is, YOU MUST.

In times of crisis, people are looking for someone to listen to.  A voice to follow.  This is your time to step up and show the world you’re worth following.

April 14, 2018

Bill’s in Airdrie today getting ready for his banquet tonight!

I decided to ride downtown and pick up a car from Enterprisemy reason was … because Car2Go takes apparently several business days to verify one’s driver-licence information.

I need a vehicle today to pick up a few things this weekend that just cannot be safely carried on a bike… propane for the BBQ, a 75M coil of 12/2 wire for the upstairs bathroom, and for simple shopping.  I was able to locate a much needed router, two with functioning USB_3.0 ports which I will be able to add to my growing home/business wireless network and surveillance system.  As I plan to share with you all later, Enterprise is a great company to rent vehicles from!

Although the ride was actually twice as long as shown here; [the first half of my adventure unfortunately lost]; cycling into the downtown was really quick!  Yes!  Closing STRAVA without saving it correctly, and then restarting the second-half of the adventure, destroyed any recovery hopes of segment one.

I’ve added music to the ride for a bit of fun!  [Turn the MUSIC ON…]

REW

IMG_0712
Come From Aways, Do You?

More Posts

05-MAY 07-2021

Good morning. Hedge funds have been selling their tech stocks for 9 of the past 10 sessions, based on brokerage data.  What’s more, these funds have been selling more than they own, essentially going short.  That’s a huge reason for the weakness in tech in the past few weeks, even as the overall markets remain near all-time highs. The last time funds were this short was back in late December, right before a surge in some smaller-cap tech names in January and February.  Based on this data, traders may want to look at some call options on the tech space

05-MAY 06-2021

Good morning. Most sectors of the economy have been on fire this year.  But, there’s one area that’s steeply in a bear market.  It’s the media, more specifically the news media.  Cable news outlets have reported viewer drops as much as 50 percent.  And the New York Times Company (NYT) reported a sharp slowdown in growth. It’s no surprise that the news media benefited in the past few years from the public’s interest in all things Donald Trump.  Now, with Trump out of the White House and the media avoiding stories about him, it’s no surprise that viewers are going

05-MAY 05-2021

Good morning. It’s been a great earnings season.  But companies like Amazon (AMZN) are now in correction territory, down 10 percent, since reporting record blowout numbers.  Other big tech names are in the same spot.  And smaller tech plays?  They’re likely already in a bear market. It’s a combination of factors at work.  The first is rising inflation numbers. The second is the prospect of higher interest rates to curb inflation.  And finally there’s the fact that companies are coming off of earnings that look great compared to a year ago at the start of the pandemic.  All these factors

05-MAY 04-2021

Good morning. Online auction site eBay (EBAY) became huge in the 1990s thanks to the demand for Beanie Babies.  As the central site for that fad, the company was able to expand and survive the internet bubble. Now, the company is looking to enable cryptocurrency payments, to better serve its customers.  It’s also looking to break into the NFT, or non-fungible token market.  NFTs are digital assets like a picture or song.  While they can be copied, blockchain data provides the owner of the NFT with the assurance that they are, in fact, the original owner.  NFTs have been big

05-MAY 03-2021

Good morning. The stock market had its steepest and shortest bear market last year, with a contraction of nearly 30 percent within the span of a month.  Now, a year into a recovery, the rally in stocks has started to slow. One reason? Growing policy uncertainty.  Stocks sold off Friday as a Fed President made the case for housing getting into bubble territory and a need for interest rate hikes next year.  Just like in the early 2020s, in the post-financial crisis rebound, fears of reduced monetary policy are usually good to create a pullback in markets. We’re still a

05-MAY 02-2021

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: Lots of things to do in beautiful, Newfoundland, Canada. …on the Rock! p.s. “It’s okay to modify the dream.” –Morgan H. Nichols May 02, 2020 You’re one of those people who are stuck in their ways. It’s hard for you to change your routine. We’ve all heard of the saying “You can’t teach an old dog new tricks.” In reality, you can’t change your mind without a commitment to change.  Most people are ‘checked out.’

05-MAY 01-2021

Today! May 01, 2020 Gold Prices Going to “Pop” to $2,700 … Easily “Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold prices even higher.” —Frank Holmes Good morning. “There’s no harm in holding cash, as long as your bank isn’t charging you to do so, which is probably coming down the road, so be prepared!” —Dennis Miller Now is a good time for investors to be scared — one reason is that there’s general agreement we’re in a recession … as economists rarely agree on anything. Just last

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message