04-APRIL 26-2021

EyesGood morning.
The threat of higher taxes caused a selloff in stocks on Thursday, but markets shrugged it off the next day.  Why?  A few reasons come to mind.  First, the higher rates are only set to kick in at $1 million or more.  Second, with so many ways to offset income or invest in tax-advantaged accounts, the higher rates wouldn’t affect most workers. And finally, the proposed rates are likely far above what can likely be passed in Congress.
This is what the market does with all information.  It prices it in quickly and efficiently.  In the meantime, earnings season is coming in strong and the economy looks to expand at a rapid rate with many more states reopening.  If the market is going to have a selloff – which can occur at nearly any time and for nearly any reason – it won’t be a big, obvious one like marginally higher tax rates.

Precious Metals Prices
Price at week’s end (change over last week)
Gold   $1,778.89 (+0.02%)
Silver       $26.11 (+0.2%)
Platinum    $1,236.71 (+2.1%)
Palladium    $2,890.01 (+2.8%)

Now here’s the rest of the news:

Asia Gold Demand Soars: China Gold Imports Explode, India Hits Record Buying 
China’s central bank is looking to buy 150 tons of commercially-available gold for import.  On top of India’s record-setting 160 tons of gold imported in March, where will prices go? [Read Here]

April 26, 2020

Motivation Sunday!

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

I’ll leave you with a picture Cycling home to where you’re the happiest

Cycling home to where you're the happiest

April 26, 2019

4 Tips to sleep better…

Do you wish your brain had a switch that would turn your mind off at night?  With “on the go” schedules we often fall short on solid shut-eye.

Here are 4 simple tips to sleep better and say bye-bye to those sleepless nights…

1.- Stick to a Schedule — To sleep like a baby, you must stick to a schedule – like a baby!  We really can’t tell you what routine suits you.  Go ahead and set your routine according to your own schedule.  Fix your sleep and wake-up timings and try sticking to it (No! You can’t skip weekends).  This will help anchor your body clock and will rule out the need to even set an alarm in the days to come.

2.- Time those workouts or activities — Regular exercising and staying active is an excellent way to improve your sleep.  Especially if you do this in the morning, as it can keep you charged throughout the day.  However, if you very active in the evenings, try to finish it off at least four hours before bedtime so your body has a chance to wind down and relax.

3.- Give yourself a Tech Curfew — It’s difficult, but try to say NO to technology after entering your bedroom!  TV’s, cell phones, tablets, laptops — all emit blue light that tricks your body into thinking it’s time to perk up and stay alert.  Keep your devices out of your reach when you know it is time to doze off.

4.- Relax your Mind — You have turned off the iPad and the TV, now what?  How to switch off your mind?  Read a book, listen to soft music or do something that soothes your mind and relaxes you just before going to bed.  Don’t worry, there will be things to do when you get up.

Let me know how these work for you!

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