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Cognitive dissonance. All my friends have it. I don’t. I still like stocks.

Cognitive dissonance is when you face several awfuls. They freeze you into doing nothing. Trump is awful. China is suffering. The market is too high, about to crash.

You’re right. But you’ve missed out on minor things. Like a great stockmarket boom, especially among technology stocks.

Here’s Nasdaq — tech stocks heavy — over the last 12 months. Nice!

Stocks don’t respond to macro events — like those awfuls above.

Stocks respond to earnings, enthusiasms and alternatives. Tech earnings are good. Everyone is enthusiastic about them. And the alternatives — bonds and treasurys aren’t chopped liver. They s*ck.

Today is opening weak, say the futures — despite the great employment numbers released at 8:30 AM.

Great. Good time to nibble at your favorites.

I updated my list of Stocks We Like and Own. The list is in the right hand column. There are even a few high dividend yielders. And a few nice industrials. See if you can find them. Click here.

Downsizing and disposing

It’s the latest craze as all our my friends realize their kids don’t want their stuff or their houses.

Add that to  SALT tax changes and apartments and houses are dropping in price.

Good time to be a buyer.

Here’s a wonderful apartment on New York’s east side, with a great view in a great building.

Click here.

You need

+ A Flu shot

+ A Shingles shot

+ To wash your hands

+ To stop touching your face with your hands.

+ A mask. Masks do work. But I can’t recommend one. Amazon is useless. For more, click here.

Don’t click on any email attachments

Even from your friends, family or business acquaintances — anyone.

Delete the attachment and call whoever send it, “Is the attachment legit? If so, please re-send it.”

Great conclusion on headphones

Everyone is buying headphones and earbuds to hear music and podcasts on their iPhones. or Samsungs.

I have a collection of them. The best sound is the Bose 700. But it’s pricey and gets hot.

The Apple AirPods are great — if you can get them to stay in your ears. I can’t.

The biggest bargain are the corded ear buds that come with your phone. If they fall out, you won’t lose them on the subway tracks — as zillions in New York do every day.

Nike has a new CEO, new shoes and new growth

I love this one designed for short races. It’s called the Nike Air Zoom Victory.

This is Nike stock over the last two years:

Buy some Nike for your kids.

I’m a lucky son of a gun. I’ll be seeing these two shortly.

Left is Sophie. Zoe is on the right.

 

Isn’t technology wonderful?

The Rabbi — dedicated to Lucas

The rabbi announced that he was planning to leave for a larger congregation that would pay him more.

There is a hush in the congregation. No one wants him to leave.

Fred Shapiro, who owns car dealerships in Venice and Sarasota, stands up, “If the rabbi stays, I will give him with a new Cadillac every year and his wife a Honda mini-van to transport their children!”

The congregation sighs in appreciation and applauds.

Saul Cohen, a successful businessman and lawyer, stands and says,

“If the rabbi will stay on here, I’ll personally double his salary and establish a foundation to guarantee a free college education for his children.

More sighs. Loud applause.

Estelle Rubin, age 88, stands and announces with a smile, “If the rabbi stays, I will give him sex!”

There is total silence.

The rabbi, blushing, asks her: “Mrs. Rubin, you’re a wonderful and holy lady. Whatever possessed you to say that?”

Estelle’s 90-year old husband, Abe is holding his forehead and shaking his head from side to side, while his wife replies:

“Well, I just asked my husband how we could help, and he said, “F*ck the Rabbi.”

Next tasks

And with that piece of tastelessness, I go off to dealing with my taxes, and to play tennis later.

Have a great weekend — Harry Newton