There was a significant bid under the VIX on Thursday as the price of the S&P 500 sold off by 3.51%. The bid came as institutional investors were scrambling to sell stock and cut their exposure on the way out through buying puts. The question is whether the selling is over. Looking at a 30-day weighting of the front two monthly futures contracts and comparing it the VIX, the answer is no. The futures prices are still trading above the spot VIX and is an indication that volatility is expected to increase in the near term.
Now here’s the rest of the news:
Has The Much-Expected Correction Finally Begun? by John Persinos
As stocks in general and technology in particular have soared since late March, a few readers have expressed frustration with my cautious stance. I turn your attention to the words of Bernard Baruch, financial advisor to President Franklin Roosevelt. Baruch was the investment guru of his day. He sold his stocks just before Black Thursday in 1929. He racked in a fortune, ahead of the Great Crash.
Baruch once said: “I made my money by selling too soon.”
No one bangs a gong to announce the start of a correction. Yesterday’s bloodbath begs the question: has the long-anticipated market downturn finally started. No one can say for sure, but it would be reckless to remain unprepared.
September 04, 2019
“The entrepreneur always searches for change, responds to it and exploits it as an opportunity.”
And so can you. By developing an entrepreneurial spirit, you’ll become more successful, whether in your own business or someone else’s organization. Your value will increase, your income will increase, and you will succeed. What are some of the qualities of an entrepreneur? Here are a few:
1. Vision. An entrepreneur sees what is not yet there. They have the ability to envision something different, something better.
2. Creativity. Someone with an entrepreneurial mind is innovative. They can take circumstances or pieces of information and reorder them to make something completely different.
3. Persistence. Entrepreneurs are self-starters. They don’t need a lot of supervision or much structure. They have stick-to-it-iveness. They work hard and get things done.
4. Resilience. Entrepreneurs are resilient. They get back up after being knocked down. Entrepreneurs aren’t easily discouraged and they don’t quit.
5. Goal Setting. Entrepreneurs know the principles of goal setting. They have measurable objectives, are clear on what they want, determine the obstacles to getting there and have a plan of action to accomplish their goals.
6. Passion. An entrepreneur loves what they do, and the quality of their work shows it. They have passion for their industry, their business and their projects.
7. Change. The entrepreneurial type leverages change. They seem to thrive on chaos. And turmoil will continue to be the norm.
8. Enthusiasm. A good entrepreneur has the ability to sell others on their ideas. They get others excited by their vision, their belief and their enthusiasm.
9. Risk. Entrepreneurs are risk-takers. They’re not reckless; they take calculated risks. Security isn’t something they need. They know that in life, there’s no real security — only opportunity.
Entrepreneurs are made, not born. To paraphrase Zig Ziglar, we’ve never seen where an entrepreneur was born, but we’ve seen where they’ve died. So, somewhere between birth and death, by choice or by training, they became an entrepreneur. 😉
September 04, 2018
How can you convince someone who is using Mailchimp that they should be using AWeber instead?
I have used both and now use AWeber exclusively…
AWeber and Mailchimp are similar in that they both have free and paid plans. However, the two are different in some big, key areas:
- Support: AWeber has an award-winning Customer Solutions team that’s available 24 hours a day, 7 days a week. From technical help to marketing advice, AWeber’s team is available around the clock to help customers succeed. Mailchimp’s support doesn’t even come close.
- Premium Features: AWeber Free includes all the features you need without the price tag — like unlimited user access, unlimited email and landing page templates, dynamic segments, email automations, and the ability to code your own templates.
- Migration Services: Unlike AWeber, Mailchimp does not offer any free concierge migration services to move over your subscribers, signup forms, landing pages or automated campaigns. We’ll do all the heavy-lifting for free so users can hit the ground running.
- Integrations: AWeber is the clear choice for eCommerce businesses. Mailchimp no longer supports Shopify and does not have a direct integration with PayPal.
So the next time someone tells you that they’re using Mailchimp, ask them: “Why aren’t you using a free platform that gives you all the powerfully-simple features you need to grow your business?”
September 04, 2017
Today we embarked on our 1st of many road trips. The plan is to travel from (Halifax) The Chocolate Lake “Best Western” hotel, down the coast to Peggy’s Cove. Words cannot describe the beauty and magnifi-cence of this popular spot. We got there early enough in the morning to beat many, (yes many) tour buses packed with guests. We visited the lighthouse and climbed over the rocks; we were finished in the gift shop and had our “spot-of-tea” in the restaurant and were gone before the crowds got unbearable.
We now headed to Chester, NS for lunch. I believe it was the Kiwi Cafe. After lunch, we walked down to the water-front before climbing back in the KIA for our next stop, Lunenburg, NS.
The weather here in Nova Scotia has been very warm … warmer than I had expected. As the picture (below) will reveal, Lunenburg is home to the Bluenose II.
Moving away from the winding south shore coastal highway, we heading inland a bit, traveling the 103 (major motorway) to Liverpool, NS. We checked in around dusk, at the Liverpool Best Western, then out-for-dinner alongside the Mersey at Lane’s Privateer Inn (Dining Room & Lounge) for our evening meal.
It has been a great first day together … I believe we drove about 100 miles today … that’s 160 KMs.
A few more night-time pictures before returning to the hotel for a great-night’s sleep!