Hello everyone,
I expect you are all doing brilliantly.
I want you all to pack your bags and a swimsuit and head off for Hawaii in mid-February 2023.
John will be having a luncheon in Hawaii on February 17 next year. Wouldn’t it be nice to spend a few days or even a week there just relaxing or exploring the island? For all Australian readers, it might be a great chance to escape the wet weather system that could hover for several more months.
I am going to try and get there. Lying by the pool or on the beach sounds good to me. I might try and practice my surfing skills too. Don’t we all need a break after the last few years?
It’s a great opportunity to chat with John about the financial markets and world affairs and have a holiday as well. That’s a win-win outcome. Can’t beat that.
Go to madhedgefundtrader.com and order your tickets under the tab Luncheons. Tickets are $289.00.
See you there.
Onto the markets. Has the market raced by you and left you in the dust? It looks like a recovery could be underway. Amidst very negative market sentiment, the S&P is well positioned to recover some of the ground lost in the last few months. This doesn’t mean the bear market is completely over. We could rally up to 3800 or even 4000 before succumbing to a climatic sell-off toward 3200 in the weeks/months ahead.
The roller coaster is still with us….
The U.S.$ could be in for a big reversal too. The English pound, the Euro, Aussie $ and the NZ$ could all rally soon.
Bitcoin and the crypto market in general have shown no vitality and spirit. There are just no buyers. Most countries now want to tax gains in this sector. Many have sold and walked. Some are holding. If you are patient, there could be an eventual payoff. There are many ways to play the crypto market, not just buying and holding.
Take care and have a wonderful day.
Cheers,
Jacque
The best and most beautiful things in the world cannot be seen or even touched – they must be felt with the heart.
-- Helen Keller
