Dow hits record, surpassing January High
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| Chicken Little will never leave his wingman again |
9/12/18
Financial Knowledge Quiz
Here is a quiz of your financial knowledge. The task is to recall the peak price (not including dividends) and date of some of the most important financial assets and indices.
Answer before looking below.
9/3/18
August 2018, Chicken Little Portfolio Performance
At 25,965, the Dow is approaching its all-time high of 26,616. It will be historic if the Dow hits a new all-time high, and equally historic if the Dow fails to hit new high.
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| The US stock market is about to make history |
8/3/18
July 2018, Chicken Little Portfolio Performance
In July 2018, the Chicken Little Portfolio lost 0.65% while the Dow soared 4.80%. The U.S. stock market remains stuck in a range - The Dow has not exceeded the January high of 26,616 nor gone below the February low of 23,533.
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| Bear market ahead? |
7/2/18
June 2018, Chicken Little Portfolio Performance
In June 2018, the Chicken Little Portfolio earned 0.73% while the Dow lost 0.44%. The global market situation remains the same -- investors have made zero money this year, but the collapse has not yet arrived.
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| The Bear is Hungry -- Food coming soon |
6/19/18
How to Win a Bar Fight with the Stock Market
There are a surprising number of websites that will teach you how to win a bar fight. This post translates that 'wisdom' into dealing with the your investments in the stock market with links to previous Chicken Little posts about the stock market.
6/6/18
May 2018, Chicken Little Portfolio Performance
"It's not the money I will miss, it is the things"
-- Private Judy Benjamin
The 'Wealth Effect' is the money people spend when they become wealthier, often because of rising stock & housing prices. Will people continue to spend if assets do not rally in 2018?
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| 2018 may not have a positive wealth effect |
5/1/18
April 2018, Chicken Little Portfolio Performance
The coming great financial storm may be upon us. In the past, I have focused on the probability and characteristics of the coming Financial Depression (e.g., "there will be a massive, historic drop in price for all risk assets"). In this post, I focus on the process of the decline, and the barrier you will face in saving yourself and your family.
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| The Great Financial Storm Looms |
4/18/18
Men Can be Evil: Economists are often confused
Men fill the world’s prisons, commit most murders, and have started all major wars. In another example of scientists rediscovering ancient truths, a new study of mine documents the costs men impose on (an experimental) society. In the study, status-seeking men are willing to impose enormous costs on others to move up in the hierarchy.
4/17/18
Initial Bear Market Raid Complete
Chicken Little began a modest bear market raid by shorting US stocks in February. That short position is now closed. The Chicken Little Portfolio made 0.25% on this raid. (6.25% short positions and a ~4% decline in US stocks = 0.25%). While this is a tiny gain, making money on the first short position is great, and works to train the mind to look for more opportunities. The Dow Jones Industrials sits at 24,786 - roughly halfway between the January 26, 2018 high and the lows of February. Chicken Little anticipates more declines.
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| Bear Market raid creates taste from more honey |
4/3/18
March 2018, Chicken Little Portfolio Performance
The US stock market has declined 10% since January 26, 2018. Chicken Little predicts further declines.
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| A Long Way Down |
3/22/18
Break the Buy the Dip Habit
'Buying the dip' - investing new money after stock market declines - has been profitable for almost a decade. However, Chicken Little believes that buying the current dip will be disastrous (see, Chicken Little sees death). Keeping our money safe, however, requires overcoming our own brains.
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| Don't Buy this Dip |