10-OCTOBER 06-2021

Happy Birthday 2021Good morning.
It’s hard to pinpoint an exact bottom when the market is declining.  Big rally days like Tuesday can be the start of a recovery, or a pause before the next drop lower.  Technical indicators can help point out what’s likely to happen next.
Following Monday’s drop, a number of indices had broken under short-term trend lines.  While that’s usually a bad sign, the move higher Tuesday undid some of the damage.  More importantly, the longer-term trend line held on the tech-heavy Invesco QQQ Trust (QQQ) right at the 10 percent pullback level.
Holding that trend is a sign that the worst may be over for now.  But given the number of market dangers in the next few weeks, it’ll still be a bumpy ride with no guarantee of a quick move higher.

Now here’s the rest of the news:

Key Inflation Gauge Watched by the Federal Reserve Hits Yet Another 30-Year High –Jeff Cox,CNBC
The highest inflation since 1991 is the result of economic pressures Fed Chairman Jerome Powell called “frustrating,” and it’s not getting better… [Read Here]

October 06, 2020

Actually DoneGood morning.
Many analysts still expect some market volatility ahead of the election.  And chances are it’s still a tight race.
Yes, a WSJ/NBC poll over the weekend gave former Vice President Joe Biden a staggering 14-point lead over President Trump.  However, many have pointed out that the poll methodology appears to be overstating Democratic voters compared to actual results in recent elections.  The real market volatility may not be known until the election is over, but a big drop seems unlikely.

Now here’s the rest of the news:

 

October 06, 2019

Shared Thoughts…

“You wouldn’t have the dream if you didn’t already have what it takes to make it happen.”
—Marie Forleo

A Whole New WorldSelling future benefits is hard.  No one wants to buy life insurance.  No one wants to exercise for months to get fit.  Humans worry about now.  Tomorrow?  Ah, let’s not worry about that now.

What can we say to change this?  How do we get our prospects to think about the future?  Let’s try some better messages now.

Health: “Getting older?  Yes, it is coming.  And there will be a huge gap between the people with great health, enjoying their lives and those trapped in the medical system of doctor appointments, paper-work, and frustration.”

Saving for retirement: “With our current jobs, it is already too late to save enough for our retirement.  We missed our chance by not saving 20% of our salaries when we were 25 years old.  That means we either work the rest of our lives until we die or, start a small part-time business now, so we will have plenty of money when we want to retire.”

Skin care: “Got wrinkles now?  Then they are our wrinkles for life.  But we can stop new wrinkles from forming with this.  Do you think now is a good time to prevent more wrinkles?”

Utilities: “Still overpaying on those utility bills?  Let’s get online now and stop them from overcharging you again next month.”

It is fun to get prospects to think of the future, but also to act on the future.
We just have to give our prospects a better message…  🙂

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Come From Aways, Do You?

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