It is perplexing to see the price performance of many stocks right now. Some do make sense such as NFLX, AMZN, SHOP, TDOC, ZM which are all benefiting from increased use and demand. But the vast majority of others don’t make sense nor are their prices reflecting reality.
One of the greatest strengths of the human race is our ability to adapt to our environment. Not the kind of adapting where we grow fur, webbing, or a new limb, but rather, adapt mentally.
As I embarked on my path to becoming a trader I would come across phrases and euphemisms that didn’t really make sense to me. Quite similar to how Luke Skywalker felt and looked when Yoda was talking to him.
I can only put more effort into myself, and that effort comes in the form of self control, discipline, and the ability to wait. Waiting for the right entry, then waiting for the position to grow, and waiting for the right exit.
This week alone, I have heard the Trade War between the US and China was both close and far from being completed. Or was that just the Phase One portion? Wait, Phase One? When did that become a thing? I have been interviewed by two different media outlets a few weeks apart and each of … Read more
FAANG was the acronym created from the powerhouse stocks that lead the way for many years as they grew to huge significance in the market. It was a catchy term that helped seat them in our brains and, with a fierce term like that, probably helped them grow on aura alone. One thing we reliably … Read more
I would venture to guess that most of you know and remember TiVo. For those of you who aren’t familiar with it, TiVo came out in 1999 and allowed us to record live TV so we could watch it later with the added bonus of being able to fast forward through commercials. The fast forwarding … Read more
It’s Fed day again! The time when markets come to a standstill as they hold their breath, waiting anxiously for nuanced words in the report, and of course, what the interest rate will be. I have covered this event before in a Simpler Blog named “Don’t Fight the Fed” so I won’t repeat all that … Read more
“Fail fast” was a phrase taught to me during a business coaching presentation while I was in my financial advising career in my mid 20’s. It is a phrase that has stuck with me ever since because of its power and seemingly contradictory meaning. Nobody likes to fail at something, right? Yet here was a … Read more
Today’s blog is going to be more of an anecdotal one. As a stock market professional who spends all day seeing, listening, and consuming market related and political information, I thought I would share with you a general summary of the unusual territory we are finding ourselves in. There are some growing divergences in a … Read more