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Before we get into the meat and potatoes of this, let me start with a bit of personal biography. I’m a gun guy. I’ve been a gun guy since I was born, simply because my dad was a hunter and fisherman. I was raised around guns all my life. Shotguns, rifles and handguns were simply part of our home. It was as normal to me as a toothbrush.
Here’s an interesting tid-bit: The S&P 500 went 94 days without a +/-1% change and then had 5 in 8 days.
That pretty much sums up what has been going on over the past few days. Since the big plunge and bounce on Monday, we’ve seen the market travel up and down over 1000 points combined. I didn’t take the time to add up the swings today, but suffice it to say, it was wild.
So, It’s 2018 Now
It’s Monday morning. Right this moment, things don’t feel a lot different than yesterday morning and yet the calendar tells me that it is a “new year”. Since I didn’t go out and party on New Years Eve, I’m not terribly tired nor hung over. That’s a blessing. So, what does this thing called 2018 have in store for us?
A lot I imagine.
I have to change gears a bit today, and respond to a couple e-mails I got over the last several months. While I answered them individually, I think it’s time I present the concepts to everyone.. Here’s the back story: