As you can see, the design is inspired by tropical islands, with huts, a pool … and to top that … a volcano guaranteed not to erupt.
Since it's a yacht, it comes packed with VIP rooms, arcades, gym, lounges, spas and even a helipad. What a great place to do business?
The back of the yacht has a retractable beach deck and dock. Why go to the trouble of getting out to sea if you can't wake-board, jet-ski, or swim; right?
If you want to know how much it would cost to fuel-it-up or operate, it's probably not in your price range.
That was quite a move in the markets last week. Was it 'real', or wishful thinking?
Kind of like the jobs number? Does it show an improving economy (with some seasonal hiring), or was the jobs number smoke, mirrors, tomfoolery and skulduggery?
Back to the market, a quick look at a daily chart of the S&P 500 Index shows that the recent rally stalled the resistance. Price is still below the 200 day moving average, and it closed below the recent downtrend line. An impressive rally, to be sure … However, it was the lack of volume on the big push higher that caught my attention.
When a market makes a 7% move (especially without a volume spike), traders are going to notice.
So, while some pros looked to take profits into the push higher – it looks like something finally caught the eye of retail traders.
While not statistacally significant, these examples seemed worth sharing.
While I was getting a haircut this week, I listened as my barber debated the merits of buying Netflix with the barber standing next to him. Likewise, a trainer at the gym wanted to talk about several stock ideas he's considering buying. Meanwhile, several people called to talk about whether to buy American Airlines while it was priced less than a happy meal toy.
We can talk about "smart-money" versus "dumb-money"; but until this, I hadn't seen recent interest in the markets from normal investors.
Perhaps something is stirring the 'animals spirits'.
Without selling pressure, it doesn't take much to push markets higher. So, are you expecting a Santa Claus Rally or a Dumb-Money Mugging?
However, while last week was tough on the Markets, a quick glance shows that selling was relatively contained.
Without committed sellers, it won't take much to prop things up again. However, without the liquidity of organic buying, the Markets remain vulnerable to fear, uncertainty and doubt.
As you know, the news out of the Euro-zone has not been good. There are bank problems, an inability to agree on solutions, yields rising, and sentiment crumbling. As a result, traders worry that we'll miss this year's Santa Claus Rally. Nonetheless, conventional wisdom says not to short a dull market.
At a time when interest rates are historically low, we are seeing strong out-flows of cash from funds and almost no new money entering to buy stocks. At this point, it seems as though people are more interested in 'not losing' rather than worrying about how much they can make on their money.
This is when careful trading trumps hopeful seasonality. Consequently, expect traders to be on the look-out for short-term opportunities and diversification into other markets.
However, while last week was tough on the Markets, a quick glance shows that selling was relatively contained.
Without committed sellers, it won't take much to prop things up again. However, without the liquidity of organic buying, the Markets remain vulnerable to fear, uncertainty and doubt.
As you know, the news out of the Euro-zone has not been good. There are bank problems, an inability to agree on solutions, yields rising, and sentiment crumbling. As a result, traders worry that we'll miss this year's Santa Claus Rally. Nonetheless, conventional wisdom says not to short a dull market.
At a time when interest rates are historically low, we are seeing strong out-flows of cash from funds and almost no new money entering to buy stocks. At this point, it seems as though people are more interested in 'not losing' rather than worrying about how much they can make on their money.
This is when careful trading trumps hopeful seasonality. Consequently, expect traders to be on the look-out for short-term opportunities and diversification into other markets.
This Thanksgiving weekend, a friend called to say he was reaching out to the people he was thankful for – and just wanted to let me know how he felt.
My mind immediately began thinking about what else the call could have been about? I remembered that I intended to send him a book. I thought about the last time we talked. And then it hit me, he was actually exercising his ability to be thankful.
Wow, what a concept.
Were you actually grateful and thankful this weekend?
It is a choice. It is a habit. For me, it is something I aspire to exercise more regularly … What about you?
Looking back over the past few weeks, I recognize that I have been pushing hard – with a focus on finishing the year strong. Maybe it's time to recognize how much progress was made and intentionally focus on making people feel appreciated and capable instead?
Scar tissue, resentment, frustration, and fear are unnecessary and counterproductive. It's time to figure-out what feels good and do more of it.
With that in mind, here is a picture of me with my awesome wife and oldest son at the Cowboys game. We had a great Thanksgiving. Hopefully, you did too.
This public service message has been presented by the part of me that knows better. Hopefully, the part of you that knows better will notice it.
This Thanksgiving weekend, a friend called to say he was reaching out to the people he was thankful for – and just wanted to let me know how he felt.
My mind immediately began thinking about what else the call could have been about? I remembered that I intended to send him a book. I thought about the last time we talked. And then it hit me, he was actually exercising his ability to be thankful.
Wow, what a concept.
Were you actually grateful and thankful this weekend?
It is a choice. It is a habit. For me, it is something I aspire to exercise more regularly … What about you?
Looking back over the past few weeks, I recognize that I have been pushing hard – with a focus on finishing the year strong. Maybe it's time to recognize how much progress was made and intentionally focus on making people feel appreciated and capable instead?
Scar tissue, resentment, frustration, and fear are unnecessary and counterproductive. It's time to figure-out what feels good and do more of it.
With that in mind, here is a picture of me with my awesome wife and oldest son at the Cowboys game. We had a great Thanksgiving. Hopefully, you did too.
This public service message has been presented by the part of me that knows better. Hopefully, the part of you that knows better will notice it.
