11-NOVEMBER 17-2021

non-comprehensive nodsGood morning.
In the late 1990s, investors couldn’t get enough of Internet stocks.  The technology was transformative.  But the market priced in a 20-year trend too quickly, resulting in the tech bubble.  The peak happened around the time that Pets.com, a website designed around pet food shopping, went public years before the company was likely to ever earn a profit.  In the ensuing crash, it went bankrupt.
Today’s most bubble-like trend?  Electric vehicle stocks.  Rivian (RIVN), which went public just last week, now has a market cap greater than Volkswagen (VWAGY).  Sure, Rivian has some great products on the drawing board.  But it’s now become the world’s largest company to have zero sales.
In a market crash or any tech uncertainty, it could become the next Pets.com.  If they can to the Tesla Motors (TSLA) route and ramp up production, today’s current market valuation will be justified in time.  But at the moment, the stock looks like a sign of how heated the market has become.

Now here’s the rest of the news:

Bidenflation Is the Next Pandemic –Alfredo Ortiz, MSNBCTV
This painful inflation is a result of Biden and Democratic spending of trillions of dollars.  To top it off, the $1.2 trillion infrastructure-in-name-only bill only makes matters worse… [Read Here]

November 17, 2020

Say-YES-to-ChangeGood morning.
So far, the market is shrugging off a rising number of cities and states looking to lock down their economies again.  Why?  Because markets are forward-looking.  And with not just one, but now two potential vaccines underway, markets are looking forward to the spring.  That’s when the vaccines should be widely available.
Don’t expect smooth sailing.  With many proclaiming a “second wave,” expect some turbulence in the markets before any vaccine can come to market.  Fortunately, turbulence just means more trading opportunities.

Now here’s the rest of the news:

 

 

November 17, 2019

                                                                               Good morning.
We're ExcitedIn a year of failed IPOs that saw a decline in valuation from the first day of trading, a number of bankers went to Saudi Arabia to discuss their concerns that Saudi Aramco’s IPO would be nowhere near the $2 trillion valuation the Kingdom expects.

But here’s the kicker: The bankers, who had a 10-minute meeting with company leaders, were first kept waiting for five hours.  That’s hardly conducive to building a good working relationship, and we wouldn’t be surprised if the Aramco IPO was, once again, pulled or otherwise further cut back.

Saying ‘No’ to a client can be uncomfortable, and so says Darren Hardy in today’s post…

Good, or good?  😉

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Come From Aways, Do You?

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11-NOVEMBER 30-2021

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11-NOVEMBER 29-2021

Good morning. The half day US markets are open the day after Thanksgiving is usually one of the quietest trading days of the year. 2021 delivered the worst one-day performance for stocks instead, as a new version of Covid out of South Africa, dubbed the “Nu” variant, appeared to be spreading. While the market has had a selloff and sentiment has flipped from bullish to bearish overnight, we’ve learned from the Delta variant that markets can be volatile, but will likely remain resilient.  Still, traders may want to lighted up on their most aggressive trades, even if that goes against

11-NOVEMBER 28-2021

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11-NOVEMBER 27-2021

Enjoy Silence Eliminate a life of expectation.  Expect less from people, and disentangle yourself from obligations.  Learn to say no so you have more time and space to say yes to what you want in life. At home: Get rid of stuff you’re always moving from place to place.  If you don’t love everything around you, then toss it. Do your shopping once a week.  Those quick pit stops to the grocery store a few times a week take time away from something else. Do laundry less often.  Simplify your wardrobe, and you’ll have more pieces to mix and match.

11-NOVEMBER 26-2021

Good morning. It’s been 624 days since “15 days to flatten the curve,” kicked off the part of the pandemic where the economy was deliberately shut down.  Unlike a light switch, however, it’s not the sort of thing to start back up again.  Trillions were spent propping up the economy with extended benefits and stimulus checks. The labor market is improving but still in disarray.  Inflation and job demand has pushed up wages, creating a “Great Resignation.”  And for all the time, effort, and money spent to create these new problems, those fortunate enough to invest in the stock market

11-NOVEMBER 25-2021

Good morning, and Happy Thanksgiving. Oil prices somehow moved up on Tuesday, despite President Biden’s announcement that the Strategic Petroleum Reserve would be tapped, bringing 50 million barrels of oil onto the market on top of additional releases so far. The problem?  While that number sounds impressive, markets were pricing in 100 million barrels instead to really shock the market.  The move was small enough to earn a mocking note from Goldman Sachs (GS), which continues to see oil prices rising into 2022 on rising global demand, without even adding in factors such as inflation.  Prepare for more pain at

11-NOVEMBER 24-2021

Good morning. No, it’s not a mythical creature from a game of Dungeons & Dragons or Lord of the Rings.  It’s a term for Organized Retail Crime.  And it’s on the rise. Pandemic-era mask mandates have made retail theft substantially easier.  And some jurisdictions such as in San Francisco have eliminated any criminal penalty or law enforcement resources for thefts under $950.  That’s caused a number of retailers to flag organized thieves, but at the cost of millions in inventory losses, including some who hit up multiple stores in some areas looking for items to resell cheaply online. The latest

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