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Hello all, the shenanigans are in full swing this morning.
I woke up to "flat" futures, which was pretty impressive considering how ugly TXN was after the close yesterday. The reason we don't hold over earnings, is because we never really know what we're going to get. Well, TXN was down 11 bucks a share shortly after their release of poor earnings and really weak guidance.
For those of you that are Insider members, or that read our free newsletters, you know the ordeal I have been going through with my wife. She's got stage 3 breast cancer and had a double mastectomy three weeks ago. It's crazy the amount of tests, scans, doctors and what have you, we've been to.
So in today's letter, I write about how I really understand how hard it is to "trade" the market, when you can't be involved almost full time. I've always been a trader, and I spend my days in a chair in front of the computer. But for those of you who have jobs and lives, I always knew it was tough.... but now I know just how tough.
So today I realize that I need to really focus on our longer term letter, and I explain why. Give it a read, I believe it's good info.
A tough Lesson
I want to take you back in time for a minute. The day is January 13, 2019. Here’s what I wrote that evening: