Long-time readers know I have an adversarial relationship with boredom. I can’t stand it. There’s a reason I wrote twenty published book by the time I was twenty years old. I get antsy. I’ve got to be creating.
Thus, last night, I was going out of my mind. There was nothing left to clean. Nothing left to organize. Hell, I’ve already done all my personal and corporate taxes months before they are due. So I decided to prowl our bookshelves for something to read. What else was I supposed to do? Watch an idiotic TV show? Come on.
I found something interesting that I had originally bought years ago for one of my beloved children. It is basically a 300 page comic book (oh, sorry, graphic novel) about Economics called, appropriately, Economix. It’s absolutely superb, and this ‘comic book’ imparts more information than over 99% of the American public understands.
I’d like to share one snippet with you in particular, which for some odd reason I find germane to ours times. The tinting is my own:
Of course, we’ve all outgrown that kind of nonsense.
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Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes.
I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.
These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.