Good morning.
When it comes to investing, one view is not to fight the Fed – or central banks in general. That means if conditions are loose, enjoy the bull market. If conditions start to tighten, batten down the hatches.
Right now, central banks have been massive buyers of gold. The metal tends to outperform inflation over time. And over shorter time periods, it can be a runaway winner. Central banks have been steady buyers of the metal, with Singapore’s central bank recently boosting its holdings by nearly 30 percent to about 200 tons.
Investors may want to consider gold and gold stocks now, given that inflation is on track to stay higher for longer for the foreseeable future, a trend that tends to bode well for the metal.
Now here’s the rest of the news:
The Damage Inflation Has Done (In Numbers)
On Friday, March 4, 2022, the Dow Jones Industrial Average closed at 33,614.7971. Yesterday, one year later, the Dow closed at 33,431.44, a negligible loss of a fraction of one percent – but still a loss. The Dow is composed of… [Read Here]
March 10, 2022
Good morning.
The stock market’s rally yesterday was a welcome change after four down days in a row. While traders will latch onto any number of news headlines to justify the move higher, a look at the options market reveals an area we’ve seen before.
Ahead of the expiration of March’s options and futures contracts at the end of the week, traders have started to roll their trades forward. Many of those trades were designed for hedging, so rolling them out caused a wave of short-covering due to massive negative gamma and short delta in the options market.
While it may sound all Greek to many investors, it’s clear that the rise of retail options traders will continue to impact stock valuations in the short-term, and that market volatility right now will continue to be driven by options trades as traders look to capitalize on the latest headlines or simply hedge. While markets have been overdue for a rally, we’re not likely to see the market soar to new all-time highs quite yet.
Now here’s the rest of the news:
Who Benefits Financially From The New U.S.-Russia Cold War?
President Biden has made clear that the United States has embarked on a strategy of Containment 2.0 against Russia with what he calls “the broadest sanctions in history.” But Biden is unlikely to have factored in the possibility of… [Read Here]
Nasdaq Takes A Drastic Turn For The Worst
My most optimistic support level that could hold is the 8000 level. That would be a decline of another 40% from here making a total decline of about 52% from the top. I doubt it stops there as it would only take back a mere 2 years of… [Read Here]
March 10, 2021
Good morning.
The tech stock selloff saw a major reversal yesterday. While it’s too soon to tell if this is a push higher, a pause before another drop, or a sideways trend, one fact matters. The Nasdaq took a 10 percent dive before this big push higher.
That’s similar to how markets reacted in 2009-2015, the last time interest rates were at zero percent. A 10 percent correction, or close to it, was enough to shake off any short-term fear in the markets during those years. That was a reliable buy indicator, even a better and more reliable one than looking at technical indicators like moving averages.
Do you see Tuesday’s rally as a sign the selling in tech is over? What strategies are you employing here?
Hit reply and share!
Now here’s the rest of the news:
Today’s Stock Market is a Casino Powered by Easy Money and Boredom
The “boredom market hypothesis” explains why people stuck at home might gamble their stimulus checks in what’s become the world’s largest casino. Here’s what that means for your future… [Read Here]
Congratulations Workers! You Make 13 Cents More Per Hour Than You Did in 1973 –Mike Shedlock, TheStreet
Average hourly earnings rose from $28.51 to $30.01, up $1.50 an hour. You only saw $0.38 of that because inflation-adjusted wages only rose from $11.02 to $11.40… [Read Here]
March 10, 2020
Good … morning!!!
It really escalated quickly over the weekend and that escalation poured into the open on Monday as trading was halted. Yes, the curbs came in as the S&P dropped more than 7% during the cash open.
These are the types of trading days you remember for a long time, and some investors probably didn’t make it through today. As Billy Joel sang, “these are the times to remember, cause they will not last forever.” At least we hope these types of days don’t last forever.
“Our brains process images 60 times faster than words and when you see the beauty of inclusion you see its potential.” –Marie Forleo
March 10, 2019
Tom Paredes told me…
Stop trying to fix all of the problems your distributors face. You can’t fix all of problems. Even the government with an unlimited budget can’t fix all of the problems.
Instead, give your distributors vision.
“When a distributor has a vision, nothing gets in his way. When a distributor doesn ’t have vision, everything gets in his way. ”
This advice has saved me hours of grief. 😉
