The SoftBank “Secret”

By now, most investors know that in late February of this year through mid-March the stock markets kind of crashed. It was a matter of 31 days from February 20th to March 23rd….not that I had to look that up or anything.

It was swift and ugly. And then, the stock markets both suddenly and slowly recovered, hitting it big in April and then gradually reaching new all-time records by September. Hmmmm… how does that work? Is it “free markets”? More buyers than sellers? Individuals throwing money at stocks?

SoftBank reported $4 billion of options trades representing $50 billion of underlying value in the same handful of technology stocks in the US.

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Jobs In Demand

From an edition of TGIF 2 Minutes in early March 2020….

As we continue to watch both from the sidelines and the interior of the Coronavirus tragedy, there exist lessons learned and lessons yet to be learned. Mistakes made past and present. In looking at history and researching the aftermath of past global tragedies there is evidence of subsequent innovations along with lucky breaks that surpass the imagination.

Photo by ELEVATE on Pexels.comLogistics may be an under-rated career – perhaps never as valuable as today. And certainly, fairly recession-proof.
Photo by ELEVATE on Pexels.com

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All Cash?

“Do I go to all cash?”

“Do I go to all cash at least until after the election?”

More than a few people have asked me this question over the past several months. Even more people have probably asked themselves this question. The answer, if historical data of the S&P 500 index is a guide, is a firm NO.

This chart illustrates the impact of missing just the 25 best days in the market, the 15 best, 5 best and 1 best day.

The chart above illustrates the impact of missing just the 25 best days in the market, the 15 best, 5 best and 1 best day. The days are NOT CONSECUTIVE, they are random best days. If missed, the majority of stock market gains are missed.

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