Pre Market Gaps SEP 5, 2024

Good Morning. Yes the futures are red again this morning but not all hope is lost. Do you have a morning routine? What is it? Typically I like to work out mid / late afternoon. A few months ago I made some changes and started waking up one hour earlier than normal, go outside, put on the upper body harness, hit the alarm on my phone, then pull the weight sled around for the next 18 minutes through the wet grass, over the hills and humps. It’s those 18 minutes that gets my day started and blood pumping, call it first workout of the day.

Those morning workouts are brutal at first light. But they have been helping me build some extra strength as I approach my 60’s…

We’re 2 years deep into this bull market. 2 very solid ( mostly ) strong years. Right now all stocks are not moving in tandem together, they are not… We’re at a point now that we need to not slow down, but to “buckle up” and gain some extra strength for what’s to come. Yesterday the 10 year yield curve went positive, that’s not a good sign as it usually does just prior to the start of recessions when we receive negative jobs reports like is expected tomorrow. Let’s not get ahead of ourselves and “Jump the Shark”

Speaking of “Sharks” one stock that we have been highlighting here at investingwithfaith.com is SN or “Shark Ninja” another new addition that did incredible yesterday is BMA.

The reason I’m mentioning these again is to remind everyone the importance of portfolio rebalancing. I’m not saying or suggesting to run out and change everything today, what I am sharing is that “Trade Management never goes out of Style” While many stocks are sinking some of our top picks are rising. Your money was earned through your hard work, so let your money work for you. Time to grind….

Invest wisely, live charitably and be well

Brother Bill

Side note: Our new name goes into affect after the market close tomorrow