The stock market had a great year toward the tail end of 2023 and closed higher. From the S&P500 chart below we had a rough start to the year. We started around 3800 and climbed to 4200, only to dip back to 3800. I remember all the panic that traders and investors were expressing. The Federal Reserve continued to raise interest rates to tame inflation and Main Street was grumbling about the high prices of all basic goods. Read more...

Ok, this is an interesting hack with affiliate income from a side hustler who claims making $45,000 a month doing it. On the surface it’s amazing, considering I just read about diskspaces.com and how the owner is making $5,000/mo with a simple Amazon affiliate website about hard disks. [How an Ugly Single-Page Website Makes $5,000 a Month with Affiliate Marketing(https://medium.com/@petervoica/how-an-ugly-single-page-website-makes-5-000-a-month-with-affiliate-marketing-c4974a8d1d69)]. No need to create a fancy and modern website with hundreds of pages to make money online. Read more...

This Bloomberg post reiterates what my readers already know; investing in index funds works. Better yet, dollar cost averaging in diversified low-cost funds works fantastic too. “It’s clear that having a diversified portfolio is probably the best way to navigate the investment climate and the best way to do that is owning the S&P 500 — full stop,” said Art Hogan, chief market strategist at B. Riley Wealth. “If you were to start this year by saying ‘everyone says there’s a recession coming so I’m going to invest defensively,’ you got punched in the nose. Read more...

Boeing (BA) had a great day yesterday! The stock’s been rallying from its interim low in October on a lot of good news coming out in its favor. For starters, Lufthansa has decided to buy new planes from Boeing over Airbus. That hasn’t happened since 1995! That’s nearly 3 decades ago! In fact, it appears that this has been a banner year for airplane orders and both Boeing and Airbus are benefiting! Read more...

Unless you’ve been living under a rock, the market melt-up has been quite a site to behold. This Santa Rally, Version 2023 has been good for everyone’s investments - unless you’re short. So many stocks and indices have been making new highs and many people wonder if Jerome Powell will pull off a soft landing after all. He might pull it off, or he might not. I don’t know. There are so many moving parts to the market that you would be naive to believe everything you read or hear from talking heads (or publications like this one). Read more...

I’ve written a lot about the AI chip wars over on my other blog about how there’s an AI chip war happening. Intel, Nvidia, Apple, and now Microsoft are building new semiconductor chips to handle larger workloads to support AI models. President Biden’s administration released the CHIPS and Science Act in August 2022 was a way to bring more semiconductor manufacturing back onto US shores, not just for jobs but to protect our competitive advantage. Read more...

A Python script that evaluates seasonal investing

The other day I was cleaning up my bookshelf and I came across my copy of “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko (affiliate link). It’s a classic book that explores the habits and lifestyles of millionaires in America and was written after extensive research on the habits and characteristics of millionaires. The authors shared valuable insights on how to build wealth and achieve financial freedom by interviewing “quiet” millionaires who might live next door to you. Read more...

I was screening for potential candidates for my upcoming 2024 Buy List and came across Motorola (MSI), an old stalwart, bumping around its all-time high. It’s doing fundamentally and technically well and that brings me joy. It’s doing so well that I did add it to my buy list. However, there might be some risks involved with MSI. Looking at the chart above (and below), MSI has been consolidating at near its all-time high. Read more...

A few of the news sources I follow for investing and trading started spitting out the Q4 earnings results for Anavex Life Science (AVXL). It’s a biotech company that reported a $10.1 million loss. It would appear that a lot of traders were long, hoping for a breakout. It failed and sold off and it sounds like a lot of people lost their shirts yesterday. I have no idea what Anavex does or researches, I don’t need to. Read more...