Capitalism is the ‘Greatest Show’ on Earth

Capitalism is the ‘Greatest Show’ on Earth

Capitalism is the ‘Greatest Show’ on Earth

$DIA,  $SPY,  $QQQ,  $VXX ,  $GLD

Gone are the days where the circus coming to town was a big deal, remember then it was a huge event anticipated by all, that until television came along, and ‘Huge’ events happened all the time, and we could see them live on the little screen.

But, overall the circus had a great run but its time has passed in the West.

The circus is a a great lesson in capitalism, and capitalism is innovative. The circus lasted for over 150 yrs in America.

And today, the latest entertaining gadgets are out of date in just a few years or months. Innovation means new products, which displace older ones, and those that do not adapt do not survive.

As investors, paying attention to trends matter.

It’s easy to guess that some industries will fare better than others. But trends never move in an exact, straight line. It’s harder to tell when there will be a permanent loss.

Investing in an age of rapid innovation presents great challenges and great opportunities.

Fast changes creates fear.

As news headlines have reported escalating events in Syria and the Korean Peninsula, fear of World War III has risen, sending Gold to its highest levels in months. Geopolitical events tend to flare up and quickly die in the markets. But they are a part of the equation and require our attention.

Innovators are always looking for businesses that can attract investor and consumer interest everywhere they go. These are the modern “circuses” that continually adapt to the consumer wants.

Companies like Google (NASDAQ:GOOGL), which recently re-branded itself Alphabet. Apple (NASDAQ:AAPL) has become dominate in the consumer tech space.

Microsoft (NASDAQ:MSFT) build up a video game division in the space of a few years that competes with Sony’s (NYSE:SNE) PlayStation and Nintendo’s video game consoles.

These companies too will come up against an innovative competitor or other impediments that will impact their ability to provide returns to investors. That’s why they’re hard at work on coming up with new offerings.

Capitalism is clearly the Greatest Show on Earth.

Sure, there are perils and pitfalls, high highs and low lows. Keeping a cool head during the highs and lows prevents big setbacks, and  accelerates the wealth building process.

People make their investments as exciting or as boring as they like.

Boring may bring in come steady income, but it’s the exciting prospects that can and often does bring on the best returns.

Money is a stupid commodity, it does nothing on its own, it is in The Bible

Risk is part of the Wall Street game, no risk, no rewards.

Do not be afraid to pay up for growth. Stay safe by buying safe-have assets like Gold (NYSEArca:GLD, OTCMKT:EXCFF).

The world is changing. staying safe means a huge risk, the risk of paper money devaluations, the risk of missing out on profiting from those big changes.

Do not miss out on Capitalism, the Greatest Show on Earth.

Thursday, the US major stock market indexes finished at: DJIA +6.24 at 20981.33, NAS Comp +23.71 at 6048.92, S&P 500 +1.32 at 2388.77

Volume: Trade on the NYSE was heavy again Wednesday, with 1.23-B/shares exchanged.

  • NAS Comp +12.4% YTD
  • S&P 500 +6.7% YTD
  • DJIA +6.2% YTD
  • Russell 2000 +4.4% YTD
HeffX-LTN Analysis for DIA: Overall Short Intermediate Long
Neutral (0.20) Neutral (0.23) Bullish (0.27) Neutral (0.10)
HeffX-LTN Analysis for SPY: Overall Short Intermediate Long
Neutral (0.17) Neutral (-0.04) Bullish (0.31) Bullish (0.25)
HeffX-LTN Analysis for QQQ: Overall Short Intermediate Long
Bullish (0.31) Neutral (0.21) Bullish (0.46) Bullish (0.25)
HeffX-LTN Analysis for VXX: Overall Short Intermediate Long
Bearish (-0.26) Neutral (-0.10) Bearish (-0.35) Bearish (-0.33)

 

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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