Ed's Posts
Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
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The S&P500 had an up week (see chart below) closing only -1.03% below the all time high close of 3386.15 on 2/19/20! The market is on fire and we can only hope better times are coming as the market is usually forward looking. Enjoy the ride, but don't get complacent and be sure to have the proper asset allocation to match your risk tolerance, as we all know the market can take a dive at any time.  “Not what we have, but what we enjoy, constitutes our abundance.” - Epicurus
"Good judgement comes from experience; Experience comes from bad judgement" ~ Barry Lepatner
“Don’t compare your life to others. There’s no comparison between the sun and the moon. They shine when it’s their time.” – Anonymous
“The human mind, once stretched by a new idea, never returns to its original dimensions.” - Oliver Wendell Holmes, Jr.
“There Is Peace In A Life Of Constant Gratitude. Have Gratitude for the Smallest Blessings, for the crust of bread and the cool drink of water.” - Jonathan Lockwood Huie
The S&P500 had a slight sideways up week, but was unable to close at a new swing high from 7/22/20 of 3276.02 (see chart below). It has to close at new swing highs in order to have a chance of putting in a new all time high which was set on 2/19/20 of 3386.15, where we are currently -4.99% below. Only time will tell if we reach a new high, so stay tuned and enjoy the ride!  "I can accept failure, everyone fails at something. But I can't accept not trying." - Michael Jordan
“If you spend your whole life waiting for the storm, you'll never enjoy the sunshine.” - Morris West
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August 2020
Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!
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