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

07-JULY 26-2021

Good morning. As much as Wall Street loves rumors, Washington DC is the major league.  The latest rumors are that Federal Reserve Chairman Jerome Powell might not be nominated for a second term to lead the Fed.  While his tenure has been little different than his prior two predecessors given the crises he’s had to deal with, some progressives don’t think the Fed chair has done enough on income inequality and other matters. That could lead the White House to find a more radical leader for the central bank, potentially even one willing to embrace the latest economic theories such

07-JULY 25-2021

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: Waves Crash Across the Rocky Shore. … I’ll watch awhile!. July 25, 2020 David Newman suggests YOU Grow Your Business with a Book! One of the fastest ways to grow your business (especially now) is with a book that positions you as an expert. Why? Because as opposed to webinars or events a book gives your prospect instant gratification.  They are able to download it and consume it the exact moment they see it. So

07-JULY 24-2021

Letting Go Of Guilt “Guilt can stop us from taking healthy care of ourselves.” –Melody Beattie Guilt is like a rock.  It sits in the pit of our stomachs and can weigh down our every thought, behavior, and action.  It can distract us all throughout the day and keep us awake at night.  Our muscles work overtime just to carry it around, and yet we still hold onto it. It’s imperative that we stop feeling so guilty. That’s not to say that you shouldn’t feel guilt.  True guilt is a loving instrument from Spiritual Guidance used to convict, correct, and confirm your

07-JULY 23-2021

Good morning. Technology companies need to constantly innovate.  That results in a high amount of money being spent on research and development, which in turn helps keep a company’s taxes lower than a company that makes the same product year-in, year-out. So it’s no surprise that regulators are always on the lookout for ways to try and get more taxes out of these massive firms that often have little to no earnings.  One proposal is being floated for a new generation of technology: a space tax.  Or, more specifically, a per-passenger tax on space flights like the ones just completed

07-JULY 22-2021

Good morning. The rise of retail traders over the past year has likely saved a number of companies from bankruptcy, or helped bankrupt companies bounce back and exit bankruptcy faster.  That’s created a lot of interest in finding short squeeze stocks for big, fast profits.  It’s also driven traders into options to play the trend as well. One area can also be at play for big bucks: Corporate bond markets. Case in point, 2026 bonds for AMC Entertainment (AMC) traded as low as 5 cents on the dollar last year, but have no rallied back to par.  Buyers would have

07-JULY 21-2021

Good morning. Investors sometime take a very binary approach to stocks.  They’re either all-in on a position, or they’re in cash or a different trade.  Rather than buy all at once, however, astute traders know when to average in.  As long as a company’s prospects don’t fundamentally change, this move allows investors to still have the option of cash, with the ability to buy more shares of a company when the market declines. So while Goldman Sachs (GS) recently warned clients not to buy Monday’s drop, retail investors saw a dip to buy instead.  With stocks hitting resistance at their

07-JULY 20-2021

Good morning. The stock market was in freefall Monday, much like a mini-version of its March 2020 decline.  Is this the next big sell-off?  Probably not.  Monday’s fears, based on rising mask mandate re-impositions and a few select lockdown threats around the world, are likely being overblown. In the meantime, the bigger market concern is whether or not the current economic growth is sustainable.  The facts are that it will likely slow.  Not the best news, but not the worst news either.  And inflation expectations continue to rise.  But with a lumber market shouting “timber” as it comes back down

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