Why wait?

Tomorrow is going to be fun

This crisis I’m trying to do something different. Not try to figure things out. Observe and read about the general situation, but not make opinions based on what the government says and definitely not what Twitter blue checker have to say neither. Lets throw in a few billionaires to make it fair.

What I’m trying to do is get a big picture view and combine it with observations from history to frame my vision.

Unfortunately, for someone writing a daily observation it may sound a bit ignorant I admit. But my goal is to profit. And profit consistently. I’m not here to sound smart nor have an opinion. That pool of water is way to deep now and I would be plankton in it.

It just goes with the saying of Bernard Baruch that 1+1=2.

Just keep it simple.

So today the market is up and can have a very big upsurge. Why not? But tomorrow, the ears of world will be on what the FOMC has to say and do about raising interest rates. So today, I would focus on good companies that have sold off and have a chance to rally.

I’m looking at AMGN and UNH

I was a bit influenced by Leon Cooperman’s comments yesterday on Bloomberg about mortgage REITs that yield over 10%

Have a pleasant day,