The Morning Call--Keep your positions small

 

The Morning Call

 

1/12/21

 

The Market

         

    Technical

 

            Will higher yields impact the stock market?

            https://www.zerohedge.com/the-market-ear/cwcqrflb5u

 

            Monday in the charts.

            https://www.zerohedge.com/markets/bitcoin-bloodbaths-big-tech-battered-buck-bounce-continues

 

    Fundamental

 

       Headlines

 

              The Economy

 

                        US

 

Month to date retail chain store sales declined markedly from the prior week.

 

The December small business optimism index came in at 95.9 versus   November’s reading of 101.4.

 

                        International

 

                        Other

 

                          Update on seven high frequency economic indicators.

                          https://www.calculatedriskblog.com/2021/01/seven-high-frequency-indicators-for_11.html

 

            Fiscal Policy

 

              The case against $2,000 checks.

              https://newrepublic.com/article/160837/case-2000-checks

 

            Coronavirus

 

              ‘Second dose’ postmortem.

              https://marginalrevolution.com/marginalrevolution/2021/01/second-doses-post-mortem.html

 

              Nursing home had zero Covid deaths until it started vaccinating its residents.

              https://www.zerohedge.com/covid-19/nursing-home-had-zero-covid-deaths-then-it-vaccinates-residents-and-deaths-begin

 

            Bottom line.  In defense of taking profits.

              https://blog.evergreengavekal.com/in-defense-of-taking-profits/

 

              Keep your positions small.

              https://theirrelevantinvestor.com/2021/01/10/the-stock-market-is-causing-the-bubbles/

 

              What a ‘blue wave’ likely means for the economy/market.

              http://blog.yardeni.com/2021/01/blue-wave-makes-splash-in-dc-will-joe.html

 

              New bullish themes are emerging.

              https://allstarcharts.com/bullish2021/

 

              Beware of boredom.

              https://www.safalniveshak.com/investing-bull-market-boredom/

 

              Yes Virginia, there is a stock market bubble.

              https://www.zerohedge.com/markets/yes-virginia-there-stock-market-bubble

 

              Record investor euphoria.

              https://www.zerohedge.com/markets/investor-euphoria-record-high-tailwinds-stocks-could-soon-dissipate

 

    News on Stocks in Our Portfolios

 

Procter & Gamble (NYSE:PG) declares $0.7907/share quarterly dividend, in line with previous.

            Exxon goes to overweight at Goldman/Morgan Stanley.

            https://www.zerohedge.com/commodities/energy-stocks-jump-after-goldman-hikes-oil-price-target-65-ms-overweights-exxon

 

What I am reading today

 

            Government needs a great reset (must read).

            https://unclenap.com/government-needs-a-great-reset/

 

            The network effect.

            https://www.pragcap.com/is-all-of-finance-just-a-big-network-effect/

 

            Quote of the day.

            Quotation of the Day... - Cafe Hayek

 

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