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Pardon The Price Action

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It's Just 30 Stocks. Let's Go Through Each of Them.

December 23, 2024

Don't Fight Papa Dow. That's how I learned it.

And it's not just about the Dow Jones Industrial Average itself. It's the 30 stocks that make up the index that we're even more interested in.

If you get the direction of these 30 stocks right, you'll get the market right.

Don't believe me? Go overlay a chart of the S&P500 and the Dow Jones Industrial Average. They're the same.

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Republicans Hate It

December 22, 2024

I just got back from a week in Disney with a 4yr old and twin 2yr olds. Wow what a workout! 

The experience further reiterated why I'm long $DIS and why I'm going to buy more.

They got some racket going down there in Florida. $12 hot dogs? $15 popcorn? And lines around the corner with people waiting to buy them?

That's some hustle they got. Good for them.

The way I see it, if you can't beat 'em, join 'em right? You can get frustrated by the money suck if you want, or you can be a shareholder and profit right along with them. I chose the latter when I got back from this Disney trip a year ago.

But let me tell you this, the $12 hot dogs and $300 princess dresses are NOT why I'm long the stock. 

It's that the republicans hate it. They don't like how "woke" the company has gotten. 

And since we know that humans have a hard time separating a company and a stock, there is money to be made here by exploiting those who let their politics and "morals" influence their decision making in public markets.