The markets have spoken: “Houston, we have liftoff.” You may have voted red or blue. To the stock market it didn’t matter: it voted green. The anticipation of the election was exciting or agonizing depending on who you are. I stayed up late to watch which way the scale was tipping. It was neck and… Read more »
6 more days folks… election day is almost here. We’re all squirming with anticipation and I speak for myself and perhaps most of us when I say, I just want it over with. Big Money is likely thinking the same way… looking at our data and history, they are likely waiting in the wings until… Read more »
Stocks started off October with a bang. Now, it’s quiet chop. September saw the S&P 500 fall 9.6% peak to trough with a low set September 23rd. This played out precisely how history has suggested based especially on election years since 1992. Big money sells ahead of uncertain events like presidential elections. Then they tend… Read more »
“You can’t stop the waves, but you can learn to surf.” – Jon Kabat-Zinn Our mantra could be similar: You can’t stop the Big Money waves, but you can learn to surf them. Sometimes waves crash violently while other times they gently roll. How you react to them is the key. Surfing is all about… Read more »
The harvest moon is the final full moon before the season changes. It’s the point where the moon is the closest to the Earth – making it appear big and bright. We had one last week on October 1st. I went outside with the family and pulled up a chair. The glow allowed for great… Read more »
My wife and I began house-hunting recently. I was so happy to see how excited she was when we looked at what I thought was the ideal home last weekend. “It’s the perfect house” she said… “but on a busy street.” Trying to have a conversation in the yard seemed near impossible with the traffic…. Read more »
Let the mudslinging begin! ‘Tis the season for internet memes and social media slanders. I can’t wait! Media companies wrote the election playbook: be loud, be scandalous, and tease tantalizing headlines. Their job is to get eyeballs and clicks to show their paying advertisers their products and services will be seen by many! We like… Read more »
New traders have to learn the ropes. There’s “no such thing as a free lunch.” Weak hands is a financial term defined as new investors who lack conviction in their trades. Basically, they are the traders that see an opportunity on Wednesday but then see a disaster on Thursday. Monster bull markets often bring out… Read more »
Labor Day has come and gone and in the North-East. That means that it’s time to get back to the real world. Summer’s over. September normally means Wall Street traders return to “work-mode”, and we were eager to find out if that would be true during this pandemic year which is anything but normal. So… Read more »
“Wait until they get the animal spirits!” That’s what my father-in-law told me a few years ago. We were in a bull market then, but nothing quite like this. He was right. I’m glad I held and waited. “Animal spirits” is a term that John Maynard Keynes discussed. He likened the saying to the instincts… Read more »