That phrase is a well known saying in the finance world. It’s based on stocks’ historical underperformance between May to October. This idea was popularized by the Stock Trader’s Almanac, which found investing in stocks as represented by the Dow Jones Industrial Average from November to April and switching into fixed income the other six…
Particularly if you are a day trader! There will be many mornings where you’ll sit at your trading desk and never pull the trigger to place a trade. This is a difficult skill set to wait and be patient. Many are so caught up in the hustle and bustle of their lives that they can’t…
The markets are a lot like life: Some days are better than others. There’s no magic formula to life, to success, or even to happiness. It’s all a process and more often than not, a difficult one at that! Heck the medical field thrives on folks with anxiety and depression. There’s prescriptions to be written…
One of the biggest challenges I faced as a newer trader was learning when to quit. I’m not talking about quitting trading altogether (obviously). I’m talking about knowing when to close down your trading for the day… So that you can live to trade another day. Trust me, I know — the urge to keep…
It’s going to be something we’ve never seen before. A collapse of the United States Dollar. Yep, there it is. I put it in print. Take my word for it, or don’t. But time tells all my friends! I’ve said it before and I’ll say it again, China is our greatest enemy! They spread a…
Last week I phoned a buddy mid-afternoon to see what the rest of his day looked like. His schedule was clear and so was mine, so off to the driving range we went with a few cigars and a cooler full of beers. We hit a few buckets of balls, most of which were embarrassing…
That’s right. If you work your whole life to do the right thing, pay your bills, manage your debt, build and maintain excellent credit… you’ll be paying more so those who haven’t done what you have can pay less. This kind of sounds like our taxation system. The more risk you take, the more you…
Crude oil futures dipped on Thursday, reaching their lowest level since late March. The move also turned the broader markets lower for the week. Crude oil is now testing an area it gapped away from upon the announcement of an OPEC+ production cut. The primary driver of the decline in oil prices is the widespread…
Yep, I’m talking about Elon Musk. Between Tesla, SpaceX and his live interview on Tucker Carlson Tonight, he’s had a very busy week. Maybe you like the guy, maybe you don’t. My wife can’t stand him. But that doesn’t discount him accomplishing some outlandish things in his life. Elon Musk could possibly be the greatest…
The more Fear, Anxiety, Depression, Anger etc., the Lower in the Building one lives! The more Love, Hope, Faith, Joy, Compassion etc., the Higher in the Building one lives! Your goal should be to live in the Penthouse… The Question I get asked the most is: “How the heck do I move up in the…