Insights

Today’s Thoughts: Interest Rates & Bubbles With the US holiday tomorrow, volumes on markets will be pretty low. My family reminds me that I’ve taken something like 6 days off this year, so I’m going to be off tomorrow and Friday. Maybe I’ll visit the...

Today’s Thoughts: Sentiment Breadth and Sentiment – Nothing in markets is ever terribly straight forward. For every indicator that is pointing towards higher stock prices, there is one pointing for lower prices. Sentimentrader.com has an interesting comment...

Today’s Thoughts: Incentives & Pipelines With US Thanksgiving on Thursday of this week, I expect volumes will be pretty low – especially later in the week. If you have anything substantial to do in the market, I would suggest trying to do it today or...

Today’s Thoughts: Bad Investments Wrote a couple of pieces this morning. Wasn’t happy with how they turned out, so a brief note today. It Happens To Everyone – Not thinking of anything we own with regards to this comment, just something for thought/discussion...

Today’s Thoughts: A future for precious metals Precious Metals – With the rotation in the market to “re-opening” companies, shares of the precious metals companies have been hit. I would view this as an opportunity. I recognize that this is a shift for...

Today’s Thoughts: Mall Traffic & The 1% A Surprising Stat In The Time of Covid – I was looking at the conference call transcript for Tanger Factory Outlet (SKT – no position). Tanger owns those factory outlet malls that are usually beside a highway outside...

Today’s Thoughts: Reality & AI Our top position is up 34% on the month (it’ll be off today because I wrote this). Has the business changed substantially in the last 17 days? No. An excellent reminder that the prices quoted in markets often do not reflect...

Today’s Thoughts: Vaccines & Gambling Moderna announced this morning that its vaccine is 94.5% effective and, if I’m reading this correctly, that it can be stored in a common refrigerator for 30 days (there had been concerns around logistics for these...

Today’s Thoughts: 1,250 Notes Later Turns out I’ve been writing these notes almost every week day for 5 years now. So for those of you who have been getting them since the initial e-mail, that’s probably about 1,250 daily notes. I’m guessing that these...