Stay Focused

There’s always a lot of noise in the markets. Back in the late 90’s, the sole driver of stocks was the internet. You weren’t grabbing beta unless you played a dot com. It was literally insane. Companies would change there name from Joe’s Water Coolers to JoesWaterCoolers.com and the fucking stock would go goat crazy to the upside. I remember another interested fad, which was to play the stocks that Joe Kernan from CNBC would mention in a piece 10 minutes before the close. It was easy to game, since he usually mentioned stocks that changed their names to .com. My friends and I would be on the bloomberg all afternoon, trying to narrow down the list. When we nailed one, we would sometimes make 100% in less than 10 minutes.

Like I said, it was insane.

Nowadays, the moves are less intense, but still meaningful. There isn’t that energy in the market, fueled by runaway growth. Instead, there are pockets of strength, small fads, and then the real avenues for long term growth.

You have to remember what I am about to tell you, for it is the only thing that matters.

In today’s market, 3-d stocks are bullshit. The only avenues for sustainable growth are in energy, social media and healthcare. That’s it.

There isn’t any hardware makers worth talking about or restaurant chains on the come up. This economy is stagnant and the consumer is fixated on super high end stuff. The shopping mall wares are simply too cheap for the wealthy to pay attention to any longer. Find a good oil company in the permian basin, a social media stock that is improving life for degenerate humans, and a company who is on the verge of curing a disease, and you will have a prosperous time in this market.