05-MAY 05-2021

MessagesGood 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 suggest some caution, as a further selloff may be ahead.  But if history is any guide, a modest correction in the 10 percent range is likely the maximum.

Now here’s the rest of the news:

Politicians Invent New Retirement “Solutions” That Don’t Make Any Sense
If the Social Security Trust’s shortfalls aren’t addressed, it’ll be in big trouble just over a decade from now.  Pensions are at risk, too.  Here’s how you can protect your retirement from a committee cancelation… [Read Here]

Inflation Outpacing Economic Growth, Threatens to Strangle Fledgling Recovery
Across the board, companies are raising prices.  Their costs are higher.  That means we pay higher prices, getting less for every dollar we spend.  Based on the numbers, it’s likely to get a lot worse very soon… [Read Here]

May 05, 2020

Turning the “Lock Down” into freedom for life.                                

Shingles doesn't care
“But on the positive side, money can’t buy happiness — so who cares?”

Good Morning.
After wilting into the end of last week, it was the big cap tech names that held prices up early until other sectors could come around.
Financial were weak early being down nearly 3%, but only finished off less than 1% by the end of the session.
Was it the “force” of May the 4th that shone through, or is this a tone that’s being set for a rally the rest of the week?  Probably the latter, as the market seems poised to retest last week’s high.
Question: “Would you hire you?”

May 05, 2019

How I Do Anything is How I Do Everything
(Say this 3 times today)

Often, when students first come to us, they are disappointed with the current results they are getting in their lives.  I get it.  That constant feeling of taking one step forward and then two steps back sucks.  It’s frustrating when we don’t reach the goals we set or to watch other people succeed while we aren’t.
So, what makes the difference?  What I have found with people either becoming “successful” or not comes down to 3 factors… and NONE of them have to do with tactics, tools, or strategies for success.  If you can embrace these 3 factors, then progress towards your goals and dreams becomes natural and almost effortless.

So, what 3 factors were we talking about?  Well,  WATCH ABOVE and take notes!

IMG_0712
Come From Aways, Do You?

More Posts

06-JUNE 19-2021

How To Win The Day With every sunrise comes opportunity.  Each day is a figurative clean slate — another chance at getting it right and moving the ball closer to the goal line.  Regardless of what happened yesterday, we have the chance to start anew each morning. And the morning sets the tone for the entire day.  You own the morning, you win the day.  The happiest, healthiest, and most successful people know this.  They embrace it, and they use it to their advantage.  They build morning rituals to establish the foundation for the day. Here are 6 things they

06-JUNE 18-2021

Good morning. The biggest bombshell from the latest Fed meeting was the acknowledgement that inflation was coming in far higher than expected.  While the Fed continues its policy of trying to talk the market into always going up, some see a tapering of its asset purchases sooner rather than later. While that doesn’t mean higher interest rates right away, what it does mean is a big slowdown in money creation and addition to the central bank’s balance sheet.  That’s likely why both bond yields and gold prices have been dropping.  While tapering might spook the market, the prospect of lower

06-JUNE 17-2021

Good morning. Yesterday’s Federal Reserve meeting minutes kept interest rates at 0 percent, as expected.  And the Fed isn’t ready to taper its asset purchases (money printing) anytime soon.  But in trying to please everyone, the central bank sometimes ends up pleasing no one. The central bank made a big revision in its inflation estimates, from 2.4 percent to 3.4 percent.  While calling higher inflation “transitory,” the market isn’t so sure.  And, after the March meeting indicated no potential for an interest rate hike until 2024, there’s now an increasing possibility of a rate hike in 2023. The only real

06-JUNE 16-2021

Good morning. Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst. Time

06-JUNE 15-2021

Good morning. Most financial news is predicated around the idea that markets are either going up or down.  But sometimes, like now, indices are largely trading sideways.  When that happens, traders will start to look for clues as to what happens when the sideways trend ends. For most market conditions, a sideways trend can last anywhere from 6-12 months in part of a broader bull market.  That looks like the case here, given that most indices are still near all-time highs.  But it’s a time to find companies that have been hit the hardest and look set for the biggest

06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and car prices (both new and used), is also leading to potential buyers to hold off on making a purchase. That could reduce demand enough to keep prices from heading higher in those areas.  A slowdown in governmental assistance to the economy in the form of stimulus checks and high spending may also help nip this rising inflation in the bud. 

06-JUNE 13-2021

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: Newfoundland, Canada. …pink and very colourful! P.S. “In order to succeed, your desire for success should be greater than your fear of failure.” –Cosby Show June 13, 2020 “What you can create will absolutely astound you, but you have to start now.” —Marie Forleo Top 10 Benefits of Using Resistance Exercise Bands 1. ADAPT EASILY FOR MULTIPLE FITNESS LEVELS…  Resistance bands come in multiple resistance levels, usually light, medium or heavy.  You can further adjust

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