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Wall Street Strategies has been providing independent stock market research since 1991 to individual, retail and institutional clients through a balanced approach to investing and trading. Charles Payne, our founder and chief analyst, is routinely sought after for his stock market, political,... More
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  • Ho-ho-ho Ho Ho! By Charles Payne 0 comments
    Mar 11, 2013 9:45 AM

    Question of the Day

    I find a lot of things to be odd.

    The woodpecker with powerful beck and claws settles for insects and nuts.

    Also, why do so many Toyota Corolla owners have those bumper guards? Why are their bumpers so precious?

    Others find the stock market rally to be odd even though I think 90% of the rally is based on earnings growth- outside the United States.

    What seems really odd to you?

    Click here to post your answer and let Charles know what you think.

    There's a nature preserve behind my house, which gives me the feeling of living in the country, especially in the summer, yet I'm minutes from New York City. The nice thing about this is watching nature up close. There is a single-minded determination in nature that seems to fade farther in mankind as we become wealthier and smarter. But nature is all about survival. The irony is we have become so advanced that basic survival skills are fading as our children learn from memes that pique curiosity but only add to cerebral debate.

    Saturday morning I found myself tossing and turning almost in beat to the feint drumming of a woodpecker. I want to believe this is the same woodpecker that emerges at the start of each spring drumming to attract a mate and mark his territory. My homeboy on the stick doing his thing to make sure he lives another day. For a long time I also thought the woodpecker was actually eating all that bark only recently have I learned they're drilling holes looking for grub and sap. It seems odd in way this bird has the most powerful of tools for a diet of insects.

    Woodpeckers have two backward toes instead of one to give them leverage and feathers that become extraordinarily stiff for balance and leverage.

    Other birds afforded this kind of weapons look for animal prey but the woodpecker, call him crazy, and are cool with banging his head against trees to lick up bugs. Mankind of course has the ability to become a woodpecker or eagle with respect to skills and determination among the species. But as each day goes by there is less need to develop such skills. Now there is a huge debate about raising the minimum wage 24% as part of the fairness initiative.

    Forget about hunting and pecking for food and shelter in our eco-system as birds of prey become the prey, while those birds that never leave the nest get the rewards.

    It's a backward system that goes against the laws of nature and even the would-be laws of fairness. It's what has caused this recovery to drag and confusion to linger. It's slowed the wheels of commerce driven by ambition and profit-motivation.
    If insects and saps were delivered to woodpeckers without effort, at some point they would lose one of their toes, the stickiness of their tongues, and the thick skills that allow for hammering against trees.

    The same will happen in America if we continue the War on Success and Redistribution of Accountability that punishes those that do everything right, including the sacrifices needed to climb the ladder of success.

    Today's Session

    It's a quiet morning, but then again Mondays have been mysteriously vulnerable this year mostly lower each week. All the big economic news is out, but there will be extra vigilance on data out this week to corroborate the jobs report. We are not going to force the issue this morning. Note, we are more than 20% in cash, so make sure you are in line-call your rep. If you don't have a rep, send me an email and I'll have someone speak with you today.

    https://www.wstreet.com/user/register.asp?source=3

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