NewCover with LOGO

06-JUNE 12-2020

                                                                         Good Morning.
The market may have finally succumbed to the news and we saw the bears really take control for the first time in a couple months.  The size of the move and the failure to stage a late rally places market participants in a difficult position.  Frequently, you ‘ll see the market find support in the coming days off of extreme moves like this, but this is really uncharted territory.  At this point the bulls may not have the resilience or resources to hold on.

Calling a market top may be a fool’s errand, yet we are compelled to point out that like few other times in history, speculative investors are pumping money into low-quality, virtually valueless (and literally bankrupt) stocks.  It begs the question, could we be on the precipice of an economic dumpster fire?

Now here’s the rest of the news:

Why the Next Boom in Housing Is In Full Swing

“There are going to be some good properties that have some short-term struggles and they are going to need additional capital.  Partnering with the owners of those properties … will allow them to get to the other side of COVID-19.” —Goldman Sachs

In the housing market right now…

  1. Investment firms are buying real estate, which will likely help drive the next leg higher in the real estate market.
  2. Homebuilders aren’t building homes, which will limit supply on the market and drive prices higher.

So possibly if you’ve set some cash aside for a real estate opportunity, it’s a great time to put that money to work…

“High achievers spot rich opportunities swiftly, make big decisions quickly
and move into action immediately.”
—Robert H Schuller

June 12, 2019

Up early this morning, as I’m going for my FREE hearing test.

Actually it’s better than free, AirMiles gives out 75 Points to those that go for the ‘hearing test’ in the month of June.  It was literally a 7 minute bike ride and a 30 minute audio exam.  My audio evaluation was fine!  The weather warm, calm & sunny; what a beautiful day.  Like most people, as they get older, the range of hearing drops off.  We tend to miss the detail in the words we think we hear.

When my wife says, “She’s taking up pottery!!” I must ask her to slow down and repeat the message, otherwise, I’ll have my bags packed and be waiting at the airport ‘Ready For A Very Long Vacation’ thinking she has just said, “We have won the lottery.”  Anyway … I usually check the tickets … nothing this week!

P.S.: I charged the Caddy’s battery with an charger I had from Canadian Tire.  “Car’s electrical system” sprung back to life.  Looks like the ‘caddy’ is in need of an alternator.  Trouble is the alternator not easy to replace, buried deep inside the engine cavity, and the car still needs a rear engine mount!

Until later! 

IMG_0712
Come From Aways, Do You?

More Posts

02-FEBRUARY 28-2021

“Yesterday’s home runs don’t win today’s games.” –Babe Ruth Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of

02-FEBRUARY 27-2021

#1 Cause of “Morning Anxiety” (and how to fix it for good) The number one reason you’re anxious and stressed in the morning … is

02-FEBRUARY 26-2021

Good morning. On Wednesday, shares of retail trader favorite GameStop (GME) managed to jump triple-digits higher.  And the trend continued with a 19 percent rally

02-FEBRUARY 25-2021

Good morning. For years, financial advisors have told investors to hold on tight when markets are dropping – and when possible to add when things

02-FEBRUARY 24-2021

Good morning. Some market analysts are worried the stock market is about to drop.  Why?  Because of 10-year Treasury bond rates.  Since the start of

02-FEBRUARY 23-2021

Good morning. A growing number of analysts are calling the stock market a bubble.  That’s based on a number of factors, such as corporate earnings

02-FEBRUARY 22-2021

Good morning. Bitcoin prices continued moving higher, nearing $54,000 in trading on Friday.  Companies related to the trade have likewise been moving higher as well. 

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