10-OCTOBER 20-2020

                                                                                    Good morning.
Who Ass are We CoveringEven though interest rates are at zero percent, the stock market still wants to see more stimulus — and soon.  After negotiations broke down on Monday for putting more money into the hands of Americans, stocks slid to lows of the day.
Add in the upcoming election as well as the ongoing earnings season, and it’s easy to see why the market is likely to be in for a volatile few weeks.  While many investors may not like volatility, it tends to be where traders get better returns.

Now here’s the rest of the news:

 

October 20, 2019

What’s Wrong With the World!  I can’t begin the list without thinking … Darren Hardy!

Sometimes we don’t have to look beyond the reflection in the mirror to begin this discussion…

Old can be new!  😉

IMG_0712
Come From Aways, Do You?

More Posts

05-MAY 07-2021

Good morning. Hedge funds have been selling their tech stocks for 9 of the past 10 sessions, based on brokerage data.  What’s more, these funds have been selling more than they own, essentially going short.  That’s a huge reason for the weakness in tech in the past few weeks, even as the overall markets remain near all-time highs. The last time funds were this short was back in late December, right before a surge in some smaller-cap tech names in January and February.  Based on this data, traders may want to look at some call options on the tech space

05-MAY 06-2021

Good morning. Most sectors of the economy have been on fire this year.  But, there’s one area that’s steeply in a bear market.  It’s the media, more specifically the news media.  Cable news outlets have reported viewer drops as much as 50 percent.  And the New York Times Company (NYT) reported a sharp slowdown in growth. It’s no surprise that the news media benefited in the past few years from the public’s interest in all things Donald Trump.  Now, with Trump out of the White House and the media avoiding stories about him, it’s no surprise that viewers are going

05-MAY 05-2021

Good 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

05-MAY 04-2021

Good morning. Online auction site eBay (EBAY) became huge in the 1990s thanks to the demand for Beanie Babies.  As the central site for that fad, the company was able to expand and survive the internet bubble. Now, the company is looking to enable cryptocurrency payments, to better serve its customers.  It’s also looking to break into the NFT, or non-fungible token market.  NFTs are digital assets like a picture or song.  While they can be copied, blockchain data provides the owner of the NFT with the assurance that they are, in fact, the original owner.  NFTs have been big

05-MAY 03-2021

Good morning. The stock market had its steepest and shortest bear market last year, with a contraction of nearly 30 percent within the span of a month.  Now, a year into a recovery, the rally in stocks has started to slow. One reason? Growing policy uncertainty.  Stocks sold off Friday as a Fed President made the case for housing getting into bubble territory and a need for interest rate hikes next year.  Just like in the early 2020s, in the post-financial crisis rebound, fears of reduced monetary policy are usually good to create a pullback in markets. We’re still a

05-MAY 02-2021

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: Lots of things to do in beautiful, Newfoundland, Canada. …on the Rock! p.s. “It’s okay to modify the dream.” –Morgan H. Nichols May 02, 2020 You’re one of those people who are stuck in their ways. It’s hard for you to change your routine. We’ve all heard of the saying “You can’t teach an old dog new tricks.” In reality, you can’t change your mind without a commitment to change.  Most people are ‘checked out.’

05-MAY 01-2021

Today! May 01, 2020 Gold Prices Going to “Pop” to $2,700 … Easily “Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold prices even higher.” —Frank Holmes Good morning. “There’s no harm in holding cash, as long as your bank isn’t charging you to do so, which is probably coming down the road, so be prepared!” —Dennis Miller Now is a good time for investors to be scared — one reason is that there’s general agreement we’re in a recession … as economists rarely agree on anything. Just last

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