Now some people say, "don't try to time your investments." But, if you thought your stock was going to go down, you would not have bought it in the first place, you would have waited to buy it lower. You bought it because you thought the time was right.

"When working with people, assume good intentions. When listening to people, interpret their words in a generous way. You will occasionally get burned and mistreated by always assuming the best in others, but it is a far better way to live than the opposite."

Big institutions are unwinding on every rip so far.

The market is on sale, very oversold, and could produce a strong technical bounce at any time.

                                              RTY at the 100-week-MA

"Sometimes you win, sometimes you learn."

 “Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.”

Buying the dip won't work if the Fed is doing the opposite of before. You should do reverse, selling the rip.

The only Real news is what the market is doing.

Semis are still holding up. Oilers continue to move on higher and that is where the alpha is at the moment. Aerospace and Defense stocks are acting well. Growth names remain under distribution and the IPO's are getting hammered.

Gold -

 

commercials hold an extreme short position

"Historically – across all commodities – extreme short positions by Commercials is a head-wind against a sustained advance."  Yet, the last two “super” bull trends in Gold began with extreme short positioning by Commercials.

"Regime change."

Starting now in 2022, US equity markets will begin a transition from a “monetary market” into a “fiscal market.” This is due to the pending end of historic accommodative monetary policy by world central banks. These changes will  present significant opportunities - for skilled - but they will also present significant risks - to unprepared.

Business.

The most important asset any business has is its people, train them well and they will serve you well. They have potential to drive your business to incredible achievements. As a group they are your Mental Capital.

In trading business, everyone wants their trading to be optimal. They look to optimize their strategies in all possible ways. The one thing they fail to work on is optimizing their-self, the person doing the trading.

RTY -

Unless Fed suddenly stops QE taper, which was the fuel, more pain is to come.

Aerospace & Defense

 

Growing older is meant to be lived growing better.

Happy New Year