Transparency TrustInitial jobless claims in the U.S. topped estimates at nearly 1.5 million. The S&P 500 dropped today and headed toward a weekly loss as daily COVID-19 infections increased rapidly in some states, stoking worries about a slowdown in the economy’s reopening. Also record numbers were reported worldwide. The broad stock-market gauge fell 2% in afternoon […]
“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” – Dwayne Johnson I’ve mentioned it before and here we go again. Have you ever thought to yourself how some people attain everything and some nothing? Heard of the word consistency before? That’s the key. Being able to […]
Well that was a week of worrisome headlines (from World War 3 to global COVID-19 reawakening’s), awe-inspiring US macro-economic beats (which lose all context in relation to the collapse) as earnings outlooks remain just “off the lows”, and a stock market that refuses to go down despite bonds, the dollar, and commodities all signaling anything […]
So we had an interesting Monday as the Federal Reserve (a.k.a crooked bankers) continued to ease market fears with extended buying of corporate bonds. The DJIA opened down 500 points only to finish up 150 points by the end of the day for it’s largest 1 day reversal since March. Combine that with improving retail […]
“You must unlearn what you have been programmed to believe since birth. That software no longer serves you if you want to live in a world where all things are possible.” -Jacqueline E. Purcell The question says it all. Now let me attempt to answer this loaded potato in the best way I can. Simply […]
Updated: Jun 19 It looks to me like the bears have returned from a brief 2 month hibernation. And in full force I might add. Fed Chairman Jerome Powell’s two days of Congressional testimony is a highlight in the week ahead, and markets will watch him with a wary eye after the Fed’s sober assessment of […]
Other than randomly getting banned from Stocktwits it was another action packed week in the markets. Nadaq recorded all time highs, broke 10,000 points, but came down a bit. Still sitting very pretty through this COVID-19 scare. The Fed finally told the truth yesterday about what they expect the stock market to look like going […]
So we’re ready for riches huh? Well hold your horses there for one minute. Before we can get the riches we must remember one thing. Your mind is the real gold mind. If you cultivate it correctly, it will produce before you riches beyond your wildest imaginations. Now how do you correctly cultivate our mind. […]
Large protests continue this weekend across the globe, this time they remained largely peaceful as well. OPEC meetings yesterday went as planned. Demand for oil spikes as major economies re open for business. Nasdaq reached an all-time high on Friday but failed to hold on to a record close. Here is what we are looking […]
What a week it was! Riots continued as well as peaceful protests, China vs. US seems to not be a problem, and COVID-19 seems to be becoming an after thought. I once read that the market can stay irrational longer than you can stay solvent. It’s never been more true than now. A surprise in […]