Weekly Roundup

What Will the New Normal Look Like?

I have never seen so much uncertainty in my life.  There’s uncertainty about:  Health: How bad will this virus get worldwide? I’ve addressed this in my posts, and in my Instagram Lives…

I have never seen so much uncertainty in my life.  There’s uncertainty about:  Health: How bad will this virus get worldwide? I’ve addressed this in my posts, and in my Instagram Lives every day at 2 p.m., by looking at all the data and talking to the experts.  My own view is that the pandemic […]

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Some Positive News for the Markets and This Virus

I’ve worked in the news industry. The news industry (not all, but a lot) is filled with angry, bitter people who want you to be as angry and bitter and miserable as…

I’ve worked in the news industry. The news industry (not all, but a lot) is filled with angry, bitter people who want you to be as angry and bitter and miserable as them.  They type their headlines: “BLAH BLAH DEATHS BLAH BLAH BLAH MISERY!!!!” And they joke around how shitty their bosses are and how […]

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My Top 13 Rules for Profitable Trading in Any Market

[Editor’s note: The below article was written by my colleague, Bob Byrne. Some of you may already be familiar with his work. For more information, see his bio at the bottom of…

[Editor’s note: The below article was written by my colleague, Bob Byrne. Some of you may already be familiar with his work. For more information, see his bio at the bottom of the article.] During my first week trading, all I could do was stare at my desk. Phone numbers covered every inch of my […]

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Could Pandemic Peak in 2–3 Weeks?

For the past month on my podcast and on my Instagram Lives and on Twitter, I’ve been begging people to be rational.  I said:  “This virus has a lifespan of about three…

For the past month on my podcast and on my Instagram Lives and on Twitter, I’ve been begging people to be rational.  I said:  “This virus has a lifespan of about three months. Which would imply a peak in the U.S. of around April 15, give or take (and might be different per city).” “Less […]

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What I Would Do Right Now to Save the World

The market was up huge yesterday. I don’t like it.  I want the market to go up. I’m absolutely sure that there is greater than a 95% chance that the markets will…

The market was up huge yesterday. I don’t like it.  I want the market to go up. I’m absolutely sure that there is greater than a 95% chance that the markets will be SIGNIFICANTLY higher in the near future.  In other words, on the one hand, the market is a strong buy.  But as I […]

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Six Rules for Investing in a Crisis Market

The rules Rule #1: Never try to call the bottom It’s OK if you buy something and then it goes down more. Just don’t use what’s called “leverage” (i.e., borrow. In this…

The rules Rule #1: Never try to call the bottom It’s OK if you buy something and then it goes down more. Just don’t use what’s called “leverage” (i.e., borrow. In this case, you can go broke). Rule #2: While some say, “Buy when there is blood in the streets,” I don’t like to do […]

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Life Advice from People Over 100

They survived the Great Depression, WWII, Vietnam, 9/11, the financial crisis, social media(!), and six pandemics. And probably a divorce or two. I always want to be the dumbest person in the…

They survived the Great Depression, WWII, Vietnam, 9/11, the financial crisis, social media(!), and six pandemics. And probably a divorce or two. I always want to be the dumbest person in the room. Now we’re all in virtual rooms so it’s trickier. But the people in the attached graphic have been there, done that, and […]

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Finally, We Have a Good Market Day

Finally!  A reasonable day in the markets. This is the first good sign I’ve seen in the financial markets since this crisis began.  But, one might ask, what about those days that…

Finally!  A reasonable day in the markets. This is the first good sign I’ve seen in the financial markets since this crisis began.  But, one might ask, what about those days that went up 10%?! Those were GREAT days, right?  NO! Volatility is volatility. Volatility is the enemy of your bank account. Most people are […]

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