What say you?

The real test of intelligence is if you get what you want out of your life.

9.11.2024 Boston

At Harvard, 23 years after the carnage.  Never forget.

Boston versus Nashville

Left Boston Logan this morning for Nashville, the early flight.

It was a great trip, more on that later.    Have taxes to pay to Uncle Sam today, (the 15th), the good Lord forbid I am a day late so they can give the $$ to criminal aliens or more MIC expenditures for Ukraine.

Two things struck me this morning that are different about Nashville versus Boston.

One, tats on about most folks in Nashville and two, far more obesity (fat people who think good health isn't their responsibility so they get as fat as they can) in TN.

Has anyone ever seen a tat so cool on a human that you want to walk up to them and admire the body art like you would a Michaelangelo, Vermeer, Raphael, or Picasso?   Didn't think so.

Miss anything or just unburdened by what has been?

 

Tyreek Hill

My Dad was in Law Enforcement.   He worked on many Indian Reservations across the Great Plains.   There weren't many cars that could travel 80 m.p.h. yet alone 100 plus M.P.H. on those reservation roads!

Common sense would dictate if driving over 100 miles an hour in a 55 m.p.h. zone you might get a speeding ticket and a run-in with the Law.

Tyreek Hill allegedly punched his pregnant girlfriend in the stomach and choked her, broke the arm of his 3-year-old son, and has 10+ kids with 6 baby mamas, but you’re surprised he would have a run-in with police for combative behavior?

PALANTIR

There are many reasons to buy stocks, to sell stocks, to own stocks, to not own stocks.   I buy stocks in a strategy that has served me well for about 30 years.   It is basically a strategy known in the investment management business as an "O'Neil/CANSLIM" strategy.  Like most things in life, I have adapted this strategy to fit the only guy that matters to my portfolio management, Dean Parisian.

Long ago, when Palantir was around $5, I saw this crazy guy on CNBC with wild hair talking about his company like it was shrouded in secrecy and for the world to know about.  I normally don't take flyers on $5 dollar stocks, because stocks are normally cheap for a reason.    But I did get my feet wet and bought some PLTR.   I guess Karp sounded honest and didn't care about anything but telling his story to the CNBC audience.

Over the years I bought more shares, sold shares, bot more, sold more,  and over time sold call options against the position and at one time had around 50,000 shares. (Here are call options I sold in 2021, (https://docs.google.com/document/d/e/2PACX-1vQuTaQcKY3crhIWXnDZdTwvngqGcOZJyIxYV7eZv5Cd67g6UPI0VhNq7qorUK9PiI2FIl7N9hqfWH4_/pub)     I have cut back dramatically on my position sizing (being retired) and am more active away from my screens doing life as it should be lived but I do love the screens.  Yes, I admit it, I still love the trading screens.  It's always fun to find a new name that is screaming to be bought!

Today, like many others, I got lucky.   Palantir shares were added to the S & P 500 index. The stock was up, as Trump says, hugely.

Good for me and good for Alex Karp.   It's been a fun ride.

I think the stock hits $50 before it hits $5 but what do I know?

This action has been deliriously wild as of late.

I feel/smell/anticipate a drawdown fairly soon.   Be ready.

Springfield, Ohio and Democrats

What a sad state of affairs.

Will those found eating ducks and geese from the local park be in violation for not having a migratory waterfowl stamp?  Canadian Geese are migratory waterfowl, and have a season and bag limit, which when violated is a FEDERAL crime with penalties of thousands of dollars and prison. 

Where are the Federal game wardens?

Remember this, first, it was the ducks and geese. Next, it will be their daughters and wives. But hey! Diversity is our strength!  You can't fix stupid, anywhere.  Springfield, Crow Agency, Mandaree, White Earth, Browning, you name it.  Look at this.

2020 election results in Springfield, Ohio

Donald Trump 55% of the votes.

Joe Biden 43% of the votes

43 out of 100 are getting what they voted for...

$1,000 says Kamala Harris gets that 43% again.

Here is a remedy from my desk...........

Send the Haitians to the neighborhoods of the members of the Senate Banking Committee.  The problem will quickly solve itself.

But, again, when you let the Third World move into your neighborhoods you get Third World problems.

RINOs have nothing to do with this; this is being entirely sanctioned and executed by this Democrat administration, (Biden/Harris), and abetted by Democrat politicians at the state and city levels via their sanctuary city declaration, and refusals to turn over these invader parasites to ICE when apprehended.   Use your brain.   27 countries have emptied their jails and sent gang members, addicts, and criminals to the USA.  Harris welcomed them all by leaving the border WIDE OPEN.

All part of the plan. A test run of wrecking suburban and middle-class America.  On purpose!

Here is another good belly laugh. 

I'm from the government and I'm here to help!

Elon Musk can't get to work fast enough.

Believe this truth...............

If you don't have an active X account, you have no idea what's going on in the real world.

September 1, 2024

September is here.   A lovely time of the year for weather in North America.

Not so much for the markets.  September can be brutal, akin to a truth being told at the DNC!

August was a good month.  A bit hot, weather-wise and I didn't catch as many smallmouth, sauger, and walleye as I had hoped on the Yellowstone River.  In the market, some names worked well and others got a boost for lift-off hopefully sooner rather than later.

I give all the credit to the years and years of mistakes I have made and the speed at which errors are corrected.

Most of all, thank you to MarketSurge, the late William O'Neil, my accountant, the TOS platform at Schwab (Think or Swim for those of you in Mandaree, Pine Ridge, and Pickstown) to all the great advice I have been privy to from Victor Niederhoffers website, (www.dailyspeculations.com) my old clients at Chippewa Partners/Native American Advisors, Inc., my family, my friends, and the millions of charts I have looked at over the years.  I said millions, not just hundreds of thousands.   I couldn't operate without MarketSurge.  Period.

Do the work.  Just work. Most people, especially stock brokers will not do the work to make themselves serious money in the stock market.  Most brokers don't know how to do the job to make serious money for themselves or their clients.     

If they did, they would be paid as investment managers and work for investment management firms. 

Let's hope this economy doesn't crash and burn.  A soft landing is possible but the Biden/Harris economy is not the answer for America.  Electing these Democratic liberal imbeciles will have consequences.