There were several stocks on my radar, and given the enticing nature of the market I sat on my hands and brooded. The market simply looks too great. My book was up a modest 32 basis points. Given my positioning, I can quite honestly say it could be worse.
One character trait I have found common and I simply despise is people who criticize the success of others. This type of sloth is what congests the highways, bogs down higher education, plagues the political arena, and otherwise leads to my reclusive nature. I sit by the fire in my cold study, quietly positioning to flash past my competition like a ghost.
Speculation is the greatest expression of creativity. However, I prefer to pair my ideas with data. And I would like to share a recent gem The PPT served up for me. My creative mind wanted exposure to the travel industry. My chart brain wanted to buy TRIP. The PPT, and its trove of data said forget about TRIP immediately and buy OWW instead. This idea amalgamated on Friday the 13th. Then this happened:
This type of performance spread pays for years of belonging to The PPT. I will never enter the battle field without it. I have 15% cash and it drives me bananas. I have RVLT, TSLA, F, and GOGO dragging my book down. I am at my high of the year performance return. Should I really complain?
Stay hungry.
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it’s like a divided highway. One road leads to success and winship, the other to a shady part of town where your windows will be smashed in and you will be mugged.
it is exactly like that