04-APRIL 23-2021

All Be Yours!Good morning.
As Mike Tyson has stated, “Everybody has a plan until they get punched in the mouth.”  In investing, that usually means that planning for a market correction sounds good. But when stocks are actually falling?  That plan may go out the window.
During last year’s market crash, retail traders bought the drop.  That followed the conventional plan, and it paid off well.  This year, the trouble has been a number of hedge funds with no real plan to deal with big rallies in heavily shorted companies like GameStop (GME), or with no plan for the implosion of a hedge fund with highly concentrated positions.  Ultimately, given the market’s fluctuations, unusual events can occur.  Rather than plan for a correction, traders should look to plan for the next extreme event, and figure out how to benefit from that move, rather than sweat a normal correction.

Now here’s the rest of the news:

Gold & Silver Bulls Continue to Gain Strength, Suggesting More Upside 
“Both precious metals are enjoying near-term price uptrends in place on the daily bar charts, which continue to invite speculative buying interest.” –Jim Wyckoff [Read More]

The Difficult Retirement Road Ahead Requires Long-Term Planning
Thanks in part to pandemic ripple effects rattling the economy for years to come, saving for retirement requires a long-term plan. Here’s what to avoid when charting your course to your well-earned retirement… [Read Here]

April 23, 2020

Easy PeasyGood morning.
If you were certain that the market would continue heading lower on Wednesday, you were wrong well at least for a day.  The difficult part of investing or trading in this environment is that things can change so quickly, and the moves aren’t really that small.  It’s a lot like spring at high elevations.  If you don’t like the weather, just wait 5 minutes.

April 23, 2019

(nil)

IMG_0712
Come From Aways, Do You?

More Posts

01-JANUARY 26-2022

Good morning. In spite of 7 percent inflation rates right now, consumers are continuing to spend.  While their overall confidence has dropped, the actual spending itself shows that the economy, largely dominated by such spending, is likely to continue moving higher this year. If inflation rates start to decline in the coming months, the market could be setting up for a solid return as the current fears abate.  Given the latest data showing that consumers continue to be interested in buying homes, automobiles, and appliances this year, even a small change higher in interest rates will unlikely derail the economy’s

01-JANUARY 25-2022

Good 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

01-JANUARY 24-2022

Good morning. Markets had $3.3 trillion reasons to be volatile last week.  That was based on the notational value of options expiring on Friday.  That included $1.3 trillion for individual stock positions alone, the second-highest on record.  Traders repositioning those trades ahead of expiration last week may have contributed to the big selloff, which finally started reversing on Friday as Treasury yields started coming back down. Given the growth of options trading, this phenomenon of added volatility into options expiration weeks may continue for the foreseeable future.  While February’s contracts are far lower in value, the next big hump will

01-JANUARY 23-2022

Today! January 23, 2021 “Creativity is an action, not a feeling.  Your work is too important to be left to how you feel today.”  –Seth Godin Power Thought That Raises Awareness Whenever we’re talking about personal transformation — whether it’s physical (lose weight), financial (get out of debt), mental (overcome anxiety), spiritual, relational (repair a broken relationship), etc. — what we’re really talking about is change.  And for most, that can be scary.  In fact, many people don’t even entertain the idea of change until the pain of not changing becomes unbearable. In other words, you have to be ready and willing

01-JANUARY 22-2022

Today! January 22, 2021 Good morning. The trade war.  The pandemic.  The election.  All the big catalysts that can move markets up or down are now off the table.  So what’s next?  Until a new catalyst emerges, expect markets to drift. With markets in a long-term uptrend, the drift will likely be higher.  Individual names can still have some big news on corporate announcements and earnings reports.  And look for potential catalysts that could provide the market’s next big move, whether higher (stimulus) or lower (war, pandemic, today’s high valuations). Now here’s the rest of the news: A “Cash Panic”

01-JANUARY 21-2022

Good morning. Fears of rising inflation are likely to peak this year.  That’s good news.  And with news that major spending bills would be broken up, the likelihood of further fiscal stimulus to drive inflation higher is also likely to help there. In other areas, however, the economy is showing signs of a slowdown.  Jobless claims have risen to a three-month high.  Home sales have slowed after a massive boom in the past 18 months.  And now, expectations are that the trans-Pacific cargo trade are now rising to a three month wait time on average.  With a longer wait time

01-JANUARY 20-2022

Good morning. While the stock market has largely been focused on rising interest rates in the past few weeks, the start to earnings season this week has been subdued.  Many of the big banks have started to report numbers.  And banks should be faring well even with higher rates of inflation going on right now. However, bank earnings have overall been lacklustre, as many banks have reported trading losses that have offset the gains made from a big year for mergers and IPOs. If bank earnings aren’t enough to get the markets excited and moving higher, chances are we’re in

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