It's The End Of The World As We Know It

Dec. 25, 2016 10:54 AM ETBA, BBBY, CWS, LMT, LULU, M132 Comments
George Acs profile picture
George Acs
3.38K Followers

Summary

  • Populism will soon have to give way to reality as a new Administration takes office.
  • The FOMC has made itself less relevant and more prone to political attack as interest rates face upward pressures.
  • The elusive 20,000 level for the DJIA may simply be a stopping point if the upcoming earnings season provides positive guidance and rhetoric is matched by actions.

...And I feel fine.

Whoever thought that we would live to see the day that the president-elect would be running a parallel foreign policy?

Whoever thought we would live to see the day that Republicans were cozying up to the Russian government while the Democrats were sounding the siren?

Then again, did anyone really believe that Great Britain would split from the European Union?

Maybe it really is the end of the world as we know it.

The one good thing is that as best as we can project, life in a post-apocalyptic world will probably be characterized by lower tax rates.

That can only add to the feeling fine sensation and I certainly look forward to the little considered benefits of an apocalypse.

While the world may not be ending, 2016 is coming to an end and after a very palpable post-election rally, it's not very clear where we go next.

I certainly don't know where I go next.

In less than a month populism meets reality and the direction may become more clear. At the moment, the only thing that really is clear is that populism is a world wide phenomenon, which means that lots of world-wide enemies are being identified to account for all of the ills any particular society may be experiencing.

Based upon the rise of populism around the world, you might be justified in believing that there are plenty of ills, but maybe not enough enemies to blame, so we may have to share.

I don't know too much about Poland, but I imagine that if the public relations campaign is run properly, you could easily get their populace to place the blame for all of their ills on Mexicans, too.

Closer to home, we will soon probably learn of plans to build a

This article was written by

George Acs profile picture
3.38K Followers
I am a simple individual investor who believes that the playing field is level, but may require active management of one's holdings. I've devised a series of steps that constitute a highly defined covered option strategy that most anyone can follow and that I've described in Option to Profit (2011). Having retired from a career in Pediatric Dentistry, approximately 10 years ahead of schedule, after spending the previous 10 years working just 2 1/2 days each week, I now spend my time trading.For almost 5 years I alerted others of trading opportunities in large cap positions through the Option to Profit subscription service, a premium subscription service that provided actionable Trading Alerts via text messaging or e-mail at my old site www.optiontoprofit.com. As of January 2, 2017, the site  and the name "Option to Profit" are no longer mine. as I've again joined the dark side and taken the easy money. But I've returned to my blogging roots on January 2, 2017 by resurrecting the old TheAcsMan.com ad supported web site, open to all.That, too, ended and the new, subscriber based LEAPtoProfit.com which launched July 2018 and is geared to the less active trader who is either shifting into a "buy and hold" strategy, as am I in this next to final stage of my investing career or seeks to milk an existing "buy and hold" portfolio.Current;y. the LEAPtoProfit p[ortfolio is fully invested and the paywall has been removed until December 2019 when I expect an infusion of cash from position assignments.Ultimately, I hope to make my stock portfolio improve the quality of my life. Whatever stage of life you are in, you can make your stocks improve that quality by putting them to work for you and perhaps LEAPtoProfit can be part of that process.

Disclosure: I am/we are long BBBY, M. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I may buy/add shares or sell puts in BBBY,LULU,M and UA

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