Greetings,
This week of Christmas and the following week of New Year's Day are typically very uneventful in the stock market. Investors and traders are not in the mindset of working. Most are preparing for their family gatherings,travelling home, and gift shopping. This is certainly my favorite playtime of the year. I definitely enjoy Christmas and family, as well as college football and hunting South Texas style. Please let me indulge and share my feelings of smelling the roses when you're in the moment. My discovery of enjoying life's great pleasures has enabled me to become a better businessman and a happier person. When I reflect back at the most happiest times in my life it's always been with family and friends laughing and spending time together around the dinner table or watching a great college football game. Now that I have two young boys some of my best moments in life are sitting in a deer blind all alone talking about everything to do with nothing, with no intentions of ever really harvesting a deer. Now is the moment, my time to soak it in, enjoy my family and friends. I'm a recovering workaholic and encourage all those like me to call a time out.
From a traders' perspective think of the holidays as a time to recharge the batteries which will help you make better decisions in the future and give you a better outlook on your past performance and future. To the details of last week, I sold MOT at $17.40 for a 42 cent gain. Not bad for a $17.00 stock in just over a week. I've been looking for a major bump up in INTC so I could exit the stock position before year's end for my personal tax position. It looks like I miss timed it because it was over $24.00 dollars per share approaching $25.00. I would be very happy with that now. We'll see how the stock moves this week, I still plan to hold CSCO and WMT through the new year. I'll be recharging my battery this long holiday weekend.
Happy Holidays and Merry Christmas,
Anthony
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