Mark just sent me this quick note to pass along to all Daily readers… After a 50-year hiatus, I recently began playing the French horn again. I practice for about 15 minutes three times per week and find it a uniquely rewarding time of my week. My son recently sent me this TED Talk […]
If you’re a regular Daily reader, you already have your risk-management protocol in place. You keep appropriate position sizes, you employ trailing stop losses, and you maintain a diversified asset allocation. With your risk under control, you may already hunger for new opportunities to profit from oil market volatility. After all, you’ve often seen us […]
“I don’t know how practical it is to try to kick shale out of the market…” So confides an anonymous oil minister from OPEC (the Organization of Petroleum Exporting Countries). Reuters reports the global oil cartel voted against cutting oil production worldwide on Friday. The group extended its current ceiling of 30 million barrels of […]
An old trader’s adage goes, “Markets climb up a wall of worry and sail down a river of hope.” It’s another take on the idea of sentiment. When the majority of investors are fearful and sidelined, smart investors are in the markets as they grind higher. But once “the herd” loses its fear, everyone piles […]
“I never say the words ‘I can’t’… I just simply say ‘I will try.’” That’s a quote from 77-year-old power lifter and grandmother, Willie Murphy. The two-minute clip below showcases her story. She dead lifts over twice her body weight. She bicep-curls over half her body weight. And she “dusts” the other women she runs […]
Almost 14 years… The Rydex family of mutual funds contains a bullish S&P 500 fund (the Nova Fund) and a bearish S&P 500 fund (the Ursa Fund). Yahoo Finance reports the Nova Fund now holds more than double the assets of the Ursa fund. That means that more than double the amount of investment funds […]
This is one of the rare ways being in debt helps the borrower Many readers may not realize it… but Mark doesn’t pocket one cent from his role at Palm Beach. His profits are all directed toward his Nicaraguan charity, FunLimón. Its mission is to assist in economic development and provide select social services to […]