Good morning. Energy was the runaway winning sector for markets in 2022, thanks to soaring oil and natural gas prices when Russia first invaded Ukraine. While prices pulled back, the sector was still the only one to head higher during 2022’s bear market.
Energy has taken a pause this year while other sectors trended higher, particularly tech. But in the past few months, energy has started to move higher. And given the ongoing demand for energy, and today’s prices, investors have plenty of profitable opportunities.
Investors may like the big oil names here following their recent pullback. Or for those focused on income, consider a pipeline company. For traders, mid-cap exploration companies are getting acquisition offers, and we could see some more of those as the industry looks to consolidate further.
Now here’s the rest of the news:
The Next Gold Bull Market Could Be Around the Corner With gold approaching $2,000 for the third time in three years, it’s clear that investors are concerned. And it’s strange to see gold’s price touch this same… [Read Here]
October 30, 2022
St. Johns fabulous museum “The Rock” …
serves the best clam chowder!
October 29, 2021
“You are only young once, and if you work it right, once is enough.” –Joe E. Lewis
Humor Can Save Your Life
The story goes that a certain court jester went too far one day and insulted his king. The king became so infuriated he sentenced the jester to be executed. His court pleaded with the king to have mercy for this man who had served him well for so many years. After a time, the king relented only enough to give the jester his choice as to how he would like to die.
True to form, the jester replied, “If it’s all the same to you, my Lord, I’d like to die of old age.”
Certainly in this case, a good sense of humor saved the man’s life. It’s true for us as well. We may not be faced with a situation where our wit will save us from an execution, but our sense of humor and the ability to laugh at things has proven health benefits that extend and improve our quality of life.
Norman Cousins, in his book Anatomy of an Illness, wrote about how he recovered from a life-threatening and incurable condition. He rented films of comedies and watched them for hours on end in his hospital room. He had nothing to lose since he’d been diagnosed as terminal.
His “experiment” turned out to be a classic example of the healing power of laughter. He lived years longer than doctor more than once had predicted.
If it worked for Cousins with a life-threatening illness, it can work for us to enhance and protect our good health. We should laugh often and heartily. It’s good for our digestion and our disposition.
Besides, life’s too important to take seriously.
“A person without a sense of humor is like a wagon without springs, jolted by every pebble in the road.” –Henry Ward Beecher
October 30, 2020
Headlines were quick to tout a 33 percent growth in GDP yesterday morning. However, much like the big drop earlier in the year, the amount is really less than that. The 7.4 percent rise was annualized for the quarter, making the growth in the economy sound bigger than it is. Backing out the annualized numbers, overall the economy is on track to shrink just over 3 percent this year.
For an economy that typically grows 2-3 percent annually on average, a 3 percent decline is still large in its own right. But for dealing with unprecedented economic shutdowns amidst a global pandemic, the total decline could have been far, far worse. It’s easy to see why so many (including a President up for re-election next week) were quick to tout the best quarterly GDP numbers of all time.
Now here’s the rest of the news:
It’s Been Years Since Investors Have Been This Fearful of a Stock Market Crash That’s Robert Shiller, a Nobel Prize-winning economist and Yale professor warns.
And another Standard Chartered Bank analyst warns that the greenback is vulnerable to a “significant depreciation” as sovereign fundamentals appear to be “pointing south”.
October 30, 2019
Even More … You can’t get away from the NEWS… Typically, a board seat at a company is something that’s either earned from some kind of similar industry or business experience, or it’s from owning enough shares to have a seat at the table. While the specific choices are often chosen from a pool of known friends and associates, other considerations are often made.
With all of the talk swirling around the board seat held by Hunter Biden, son of then – Vice President Joe Biden, at a Ukrainian gas company, Hunter decided to come out and admit that he “probably wouldn’t” have gotten the seat without dear old dad.
H E R E ‘ S … D A R R E N …
If only everyone could have a parent serve as Vice President… or senator… or even in Congress.