Good morning. The market has closed higher for 7 consecutive weeks, it’s longest winning streak in a row. The market indices are back to all-time highs, although adjusted for inflation, they’re not quite back to their 2021 highs. This week, stocks may finally break their uptrend, given that they’re overbought after a massive multi-week rally.
However, overbought conditions can continue further. And amid the holiday cheer, a slight gain may be the most likely outcome this week. Looking to 2024, expect the market to test its inflation-adjusted highs in the spring, and then from there look for a potential pullback to test some of the price gaps made on the market’s recent jumps higher. For this week, traders can expect slow moves in either direction.
Now here’s the rest of the news:
Ron Paul: Monetary Debasement Leads to Moral Bankruptcy
Increasingly, the people I speak to understand the role our own Federal Reserve plays in destroying the value of the dollar. Most people don’t understand the link between… [Read Here]
What You Don’t Know About Bidenomics… It Could Hurt You
Unfortunately, the failures of Biden’s economic policies are starting to pile up. They’re almost impossible to ignore already. The media won’t be able to put a positive spin on it for much longer… [Read Here]
December 19, 2022
We’ve been noting inverted yield curves on US Treasuries in this space often. They’re the most consistently reliable indicator for an imminent recession. That even includes an inversion in late 2019, months before the world heard of Covid-19.
Now, there are other data points warning that 2023 may not be a strong one for the economy. US manufacturing data, specifically the purchasing manufacturer’s index (PMI), have now slid to a contractionary reading. That’s a sign that demand is dropping, rather than an improvement in supply.
Traders should remain cautious… but also remember that markets are forward looking. As soon as signs improve, even before the economy does, stocks may take off. But that will likely still be months away, well after the holiday season.
Precious Metal Prices
Gold … $1,795.66 (-0.2%)
Silver … $23.32 (-1.1%)
Platinum … $1,002.26 (-3.4%)
Palladium … $1,738.04 (-12.8%)
Now here’s the rest of the news:
Will Gold Be a Top-Preforming Asset in 2023?
Investor Peter Schiff and politician Nigel Farage recently shared their thoughts on why gold is scheduled to emerge as an outperformer in 2023, and why it’s already doing what it’s supposed to… [Read Here]
Ron Paul: Here’s the Truth About the “Strong U.S. Dollar”
Now, if this chart showed the stock price of a company, would you want to invest in it? If it’s the price of a commodity, would you be a buyer? What if you were… [Read Here]
Personal Spending Explodes – Are Americans Giving Up Their Retirement Dreams?
It might be common sense to think Americans would be saving more money, considering… [Read Here]
December 19, 2021
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Outport village of Goose Cove just South of St. Anthony, Newfoundland, Canada.
…so at peace!
December 19, 2020
“Winning starts with beginning.” –Robert H Schuller
Being in alignment … Have you ever felt like no matter what you did, you still didn’t get the results you wanted?
When I look at this statement, I look at it in a specific way … The word FELT is what pops out to me.
When we feel like we did something (or everything in this situation), that doesn’t necessarily mean we have actually tried everything. In our minds, we have exhausted our options, but there’s something holding us back from truly giving it everything we’ve got. And what is holding us back is a misalignment with what we are doing. Everything in our mind, body, and soul shifts when we go into alignment with what we are supposed to do.
We aren’t trying to make it work. We know it will work. We aren’t resisting, we’re flowing. Most of the time, we KNOW if we are in alignment or not. We can feel it. We can hear it with how we speak. And if we are not in alignment, it eats our energy up. So my friend, as we go into the end of the year, are you in alignment with what you should be doing?
If not, the only way to get there is to make THE DECISION to move on.
That alone will close one door and open up a brand new one.
Remember to be aligned!
December 19, 2019
Like her or love her … maybe … hate her, possibly! Sunny Lenarduzzi has some very interesting thoughts around earning money online. “Want To Dominate on Social Media in 2020. Watch This!”
I don’t know about you, but I love a good cup of coffee to start the day. Sometimes, I even splurge and have one in the afternoon! And yes, it can actually be healthy if you do it right!
Here is a fun little article about putting chocolate in your coffee… Speaking of chocolate… Want to know my little “secret” for not snacking at night? I actually drink this rich, velvety CHOCOLATE every night and it almost instantly takes away my cravings for sweets. Plus it’s SUPER healthy, so there’s no guilt at all.
In fact, it contains some of the most powerful superfoods known to man that not only increase your “feel good” hormones, but can lower blood pressure, control your appetite, feed good gut bacteria, and lots more! Enjoy 🙂
December 19, 2018
Show me your friends, and I’ll show you your future
As the saying goes, “Show me your friends, and I’ll show you your future.”
Right now, take a moment to think about the people you spend the most time with. Who are they? Do they push you outside your comfort zone, lift you up and lead you toward growth? Or, do they pull you down, hold you back, deflate you and allow you to get away with making excuses? Seriously, stop and think about it.
Because if you want to go to the next level in any domain of life — in business, wellness, happiness, faith, parenting or what have you — you have to surround yourself with people who are doing better than you in that specific area.
If you struggle with your faith and you surround yourself with people who have great faith, yours will improve. If you want to level up your business game, start hanging around people who are making significantly more money than you, and over time, you will heat up.
If you want to get in better shape, spend more time with people who are more fit than you. If you struggle with your relationships, make it a point to immerse yourself among people with great marriages; yours will improve. I think you get the point!
Change That Up!