Stock Market Wealth
Become A Wealth Machine
Imagine having a rally car, like a smaller-category Ford Fiesta, on the starting line. Right next to it, imagine a semi-trailer truck, with more wheels, a much bigger engine and more horsepower. Now, imagine that the little Ford Fiesta gets installed with the same engine as the semi-trailer, so they’re both racing with the same amount of horsepower. If they both press the pedal to the metal at the same moment, the Fiesta will fly out of the gate much more aggressively than the semi-trailer truck will.
Around the globe, millions of media personnel, content creators, news websites, propaganda outlets and social media giants are covering the elections; it’s a ratings bonanza.
Oh man, yesterday proved what happens when there’s uncertainty about a major event, coupled with the CERTAINTY that no Federal Reserve is coming to your aid in the days ahead. This is education for the millennials, who have been trained to expect Daddy Jerome Powell to show up every time they load-up.
What a quarter, what a company! You can’t hit it out of the park with every swing… or can you? One of my hidden treasures of 2020 just released an earnings blowout and it was a show-stopper in a year of IPO and SPAC mania.
Huge revenues, increasing by leaps and bounds: if you’re going to invest in start-up companies for quick gains, you have to look for these things. This should be a non-negotiable part of your screening process – focus on companies with outstanding revenue growth, both now and projected for the future.
Are there any SILVER BULLS left out there? It looks like the rally is over, the EXCITEMENT IS DONE, and that no one outside of the SILVER BUG COMMUNITY has any positive sentiment towards the QUASI-INDUSTRIAL/PRECIOUS metal.
In the UNFORGETTABLE MOVIE Braveheart, Mel Gibson plays William Wallace, a Scotsman who is leading a GRASSROOTS REBELLION against British rule and he implores his countrymen to fight for their sovereignty and freedom. It’s an epic film with MEMORABLE SCENES, in one of which his rebel army HOLDS THE LINE, while the enemy cavalry charges at them.
This was one FOR THE AGES; the first Covid-era debate is behind us. Today, I want to REVEAL MY CONCLUSIONS from it, since it was widely-viewed and closely-followed.
The NASDAQ 100 has GONE DOWN from 12,420 to 10,833 points from September 2nd to September 23rd, a -12.8% CORRECTION! During that same period, the S&P 500 has HEADED SOUTH by -10% from 3,580 points to 3,226. This is AWFULLY SIMILAR to the period of September 2018.
What NO ONE expects is a deep recession; there are a number of CONFLICTING THEORIES as to what the recovery will look like, but nothing about entering a recession. The consensus is that the pandemic is highly-contagious, but not lethal; “with a vaccine coming and FEAR LEVELS subsiding, a recovery has begun,” is the general idea.