I can’t think of many who won’t party like it’s 1999 this year. 2020 will go down for many in history as the year we want to forget. And because most of us are at home this New Year’s, odds are you’ll drink twice as much. So to give you some value beyond stocks- we’re …
Archives for December 2020
The 2020 season for stocks has come to an end. It’s highlight reel time. Looking back, it was a stellar year for stocks…maybe our best yet.
Commonplace actions yield conventional results… Exceptional results often require a different perspective, like gazing through the looking-glass.
Investing has changed forever. Between high-frequency trading, the explosion of ETFs, and the rise of the retail traders, stocks are moving much quicker.
Stocks have reached orbital velocity. That’s when markets blast into overbought conditions and drift there for a bit…typically weeks. It may feel like you’re sitting still right now, but you’re moving really fast. The earth that you’re sitting on is rotating at roughly 1,000 miles per hour.
Markets are well into overbought territory. The red zone tends to last for weeks…we call it the investing bonus level. It’s when 401ks and long-term brokerage accounts can rack up points.
Growing up, my dad was a huge Clint Eastwood fan. We had a shelf full of his movies. A favorite was the Outlaw Josie Wales. I’d watch Josie ride up to a deserted town; the tumbleweeds rolling past the saloon. He took stock of the situation. He’d have his ear to the ground.