07-JULY 05-2021

Business_2Good morning.
When Coinbase (COIN) went public in April, it coincided with a high price in Bitcoin.  When AOL and Time Warner merged in the late 1990s, it heralded the end to the tech bubble of the time.  In 2007, real estate billionaire Sam Zell sold off his holdings, a year before the biggest real estate crash in US history.
There’s something about a big merger or IPO that could be a sign of a market making its final top before having a bear market.  This time around, the harbinger might be Robinhood.  The brokerage firm just filed its IPO paperwork.  And just like Coinbase earlier this year, company insiders aren’t looking at a lockup period. Instead, they’ll be allowed to sell shares on day 1.  At least when the tech bubble burst, traders could get in ahead of the lockup expiration for the best profits on the downside.
It may prove to be a market peak, but only in hindsight will that be fully known.  It’s still a good sign to stay cautious, and wait until insiders are done selling before buying shares if they suit your taste.

Now here’s the rest of the news:

Fed Must Choose: Stock collapse or Hyperinflation
The U.S. economy has arrived at a fork in the road.  The Fed must now choose between two equally disastrous outcomes: Either crashing the stock market or pouring jet fuel on the hyperinflation fire… [Read Here]

CIBC: $2,000 Gold, $31 Silver Just Months Away
CIBC’s analysts assessed the recent selloff and determined the underlying bullish factors driving gold and silver’s price rises are still in play.  Here’s why they see gold to $2,100 in the months ahead… [Read Here]

July 05, 2020

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

Describing its beauty!!!  Gros Morne National Park, Newfoundland, Canada.

Gros Morne National Park, NFLD_3

Wreck of the SS Ethie on the beach …

July 05, 2019

I know it’s going to sound weird, but I actually stumbled upon this when I misspelled a word search on YouTube.

What I watched was the unfurling of one of the greatest innovations of our lifetime.  This video explained a new gene-editing method called CRISPR-Cas9.  Through this gene-editing method, humans could be genetically edited to be born with gills and wings.  They could weather the harsh environments of other planets.  They could be born with high IQs.  Heck, in theory, you could even program your spouse to hang their coat up, or put their dirty socks in the laundry.  [I did some of my own research.]

It turns out CRISP-Cas9 has been in the news for the last couple of years.  In 2014, it became the subject of a fairly well-publicized patent war.  That war was between two major universities and their respective scientists.  It looks like we’re actually fairly far away from flying and/or being water-adept humans.

That doesn’t make CRISPR-Cas9 any less extraordinary.

Currently, this technology is being used to target more immediate issues than surviving on other planets.  I’m talking about diseases that kill … Cancer, Alzheimer’s, and HIV…

Wikipedia explains: CRISPR is a family of DNA sequences found within the genomes of prokaryotic organisms such as bacteria and archaea.  These sequences are derived from DNA fragments from viruses that have previously infected the prokaryotic and are used to detect and destroy DNA from similar viruses during subsequent infections.

You may be in awe hearing this.  I know I was.  I feel like I am watching the next age of medicine emerge.

In the United States, an average of $173 billion is spent every year on cancer research.  Heart disease treatment cost another $200 million annually.  Then there is diabetes, which is on the rise and costs Americans $245 billion annually.  Those are some big numbers, and they aren’t even the worst.  Alzheimer’s, one of the scariest disease to any aging human (which is all of us), cost Americans $259 billion a year!

I wasn’t just wasting time!  😉

IMG_0712
Come From Aways, Do You?

More Posts

07-JULY 29-2021

Good morning. Yesterday saw the latest Fed meeting.  As expected, the Fed had some nice things to say about how the economy was doing, and why all those rising prices and shrinking portion sizes at the grocery store were temporary.  But when it came to, say, pulling back on the billions of dollars per day of bond buying, the central bank once again punted on the issue, saying they were looking into it. This is a replay of its model from the last crisis.  Yes, the Fed will eventually scale back its bond buying, possibly even to zero.  And it

07-JULY 28-2021

Good morning. Last week saw the stock market dive on rising Delta variants to Covid 19.  Yesterday saw a big drop, particularly for tech.  The reason?  A crackdown by China over a number of companies there. These drops are usually healthy, as they help curb speculation and keep traders on their toes, either by quickly turning profits into losses, or by creating new trading opportunities at a better value.  This summer’s market is starting to look like the summers in the mid-1990s when tech stocks would correct going into the autumn, only to end the year higher.  In the meantime,

07-JULY 27-2021

Good morning. Trading is fun and exciting, and being able to leverage small short-term moves into big profits makes for a fun and profitable hobby, even with the occasional big loss to talk about.  But some of the best returns can come from taking a long-term position in a multi-year trend. In a special edition of Trading Tips today, we’ll be looking more in-depth at what’s set to be the biggest trend of the decade.  It’s potentially a $30 trillion market, far bigger than 5G, the Internet of Things, all the meme stocks combined, and even cryptocurrencies.  It’s changing the

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

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