There seems to be more data available than ever as we head into the end of this decade. It’s up to us to decide how we use it, or ignore it in many cases.
I have my process and everyone else has theirs. But one thing that is a common denominator among all of us is this current period of resetting before we begin a new year.
This week I asked Phil if this calendar thing was something we made up as humans or if this is something real that we should embrace. This was his response:
Rebirth is a universal theme. Dates are milestones adding rhythmic structure. Not “required” but common across cultures and eras.”
I’m glad he said that because I enjoy this time of the year. I like thinking about the things we’re thinking about.
We’ll have a lot more charts and trade ideas this week, of course, as we approach our Monthly Conference Call Thursday (email me if you have not registered).
But for now, I have a question. No one ever talks about 1974 being the start of the bull market, which was the low of that period. You tell me it was 1982, once they finally broke out. Which makes perfect sense. But then why do so many people today call 2009 the start of this bull market? Think about the implications of a 2013 or 2016 or even 2018 start…. [Read more…]