{"id":58574,"date":"2022-07-01T13:56:56","date_gmt":"2022-07-01T17:56:56","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=58574"},"modified":"2022-07-01T13:56:56","modified_gmt":"2022-07-01T17:56:56","slug":"the-good-news-the-bad-news-and-the-uncertainty","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=58574","title":{"rendered":"The good news. The bad news. And the uncertainty."},"content":{"rendered":"

The good news. <\/strong><\/span><\/p>\n

+ She’s back. This is my Robin’s second batch this season.<\/p>\n

\"\"<\/p>\n

+ A dear friend gave me a wonderful birthday present:<\/p>\n

\"\"<\/p>\n

He said “Check the birds. They’re more interesting than the stock market.” He’s right. Last night I saw an owl in our backyard — my first time ever.\u00a0 They’re really great binoculars. Pick up a pair here.<\/strong><\/a><\/p>\n

+ YouTubeTV is wonderful. It’s the best for streaming. It’s totally reliable. Best: It records, so you can watch when you like, backtrack to take notes and watch multiple channels on several devices — Roku, your laptop, your phone. You can watch tennis on one device and CNBC on the other. It’s one-third the price of DirecTV, or Verizon or Spectrum, etc.<\/p>\n

+ You can earn the grand yield of 2.79% on a one-year treasury.\u00a0 Which is a lot better than a slap in the belly with a cold fish. Owning treasuries does two things for my tiny brain: they get the money out of harm’s way. Hence I can’t do anything stupid with the money My personality is deformed — I need to do something. It’s sick. Having money in treasuries is far better than having it in cash, burning a hole in my pocket. Then forcing me to do something stupid.<\/p>\n

+ I’ve avoided doing anything stupid — like listening to the nonsense spouted by “investment analysts” from the banks and published by CNBC — on site and on TV.\u00a0 Every day they keep telling me to buy something — like Netflix, or PayPal or Alibaba — and the next day it falls more!<\/p>\n

+ My antsy personality has served me well this year. I jump to conclusions very quickly, and stay out or sell quickly — often faster than my 15% “inviolate” stop loss rule. For example I didn’t like these four and look what happened in the last year.<\/p>\n

My point is simple: There are a zillion stocks I can lose money on. Why stick with the obviously bad ones, e.g.:<\/p>\n

\"\" \"\" \"\" \"\"<\/p>\n

But, wait, there’s more. It gets worse. Check out this list of the year’s biggest losers. They include Carvana (91%), Vroom (89%) and Avaya Holdings (90%). Click here.<\/strong><\/a><\/p>\n

+ I don’t rely on investments that rely on The Greater Fool Theory, e.g. crypto and bitcoin.<\/p>\n

+ I’m getting my head into shorting. Neither the press nor BubbleVision talk much about shorting. But, much of what’s out there is still way overpriced. Remember my Watch List?<\/p>\n

Here are the highest P\/E stocks on that list. Pretty depressing. Most are down today.<\/p>\n

\"\"<\/p>\n

+ Here’s a heatmap of the first six months. Gruesome and unpredictable.<\/p>\n

\"\"<\/p>\n

The bad news:<\/span><\/strong><\/p>\n

I tested positive for covid this morning. I first tested positive two days after my July 11 birthday party. I look a five-day dose of Paxlovid — just like Fauci. After Paxlovid pills, I tested negative for three days. Then I tested positive, just like Fauci. But I’m not stupid. I’m not taking another dose of Paxlovid, which Fauci is doing. They call what we got “Covid Rebound.”<\/p>\n

And doing the same thing twice and expecting a different result is just plain STUPID.<\/p>\n

Will my covid go away? Will my Covid Rebound become Long Covid?<\/p>\n

They’re long on names. Light on information. Am I contagious? When should I stop isolating? Does being negative mean I’m not contagious?<\/p>\n

Good luck trying to find answers. After days of reading and listening to health care professionals, I can’t find certainty anywhere.<\/p>\n

Maybe certainty is for small minds?<\/p>\n

Right now, I’m playing this one day to the next.<\/p>\n

Here are the only things I can definitely tell you:<\/p>\n

+ You don’t want covid in any form. No matter what your friends say about how mild they had it.<\/p>\n

+ You need to keep away from birthday parties, weddings, churches, airports, etc. Any large group that has travelers from afar. Those places and events bring strains your body can’t handle.<\/p>\n

+ Covid is a respiratory disease. It gets to your breathing, your lungs, etc. You have to give a long time before you go back to playing tennis or running, etc. Drat!<\/p>\n

This is me exactly three years ago. I was thinner and healthier. My covid today makes me very tired. I’m hoping to be negative this weekend. I was actually hoping for this morning.<\/p>\n

\"\"<\/p>\n

Tips<\/strong><\/span><\/p>\n

+ Don’t “upgrade” to Windows 11. It’s not faster. It works differently. You’ll have to learn many things all over again. Some of your favorite software won’t work on it.<\/p>\n

+ Give Verizon a debit card and get $40 off your monthly auto-pay cell phone bill. I just did. It worked. Don’t ask about the “logic.” I’ giving up logic for the summer.<\/p>\n

+ Any equipment you need — from dishwashers to air conditioners — order now. Wait times stretch 12 months and more.<\/p>\n

+ Watch out for fake invoices from the Geek Squad and fake awards of $50 and $500 discount coupons from every retailer you’ve never heard of.<\/p>\n

+ Try not to travel this weekend. If you do, don’t check luggage. They have laundries where you’re going. Trust me on that one.<\/p>\n

China is celebrating its destruction of Hong Kong
\n<\/strong><\/span><\/p>\n

It’s 50 years since China took over from the British. <\/span><\/span><\/p>\n

Items:<\/span>
\n<\/strong><\/span><\/p>\n

+ 140,000 residents left in Q1. That’s 2% of the entire population.
\n+ IPOS have dropped by 92% year over year.
\n+ China has issued new textbooks that says Hong Kong was never a British colony. Autocrats like Xi love re-writing history.
\n+ Kyle Bass was on CNBC this morning. Boy, was he devastating: “As a business hub, they have absolutely destroyed it.”\u00a0 “Look at Xi’s recent speech, he said his ‘life’s mission is rejuvenation of the great Chinese race’ which means the acquisition of Taiwan.”<\/p>\n

For more, read this brilliant piece\u00a0 “How China sees the world. And how we should see China.<\/span>“<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Click here.<\/strong><\/span><\/a><\/p>\n

I shorted AMD and MU. I’m up a little. A few months ago, we were short of chips. Now we have too many. Go figure.<\/p>\n

Time to watch Wimbledon. It’s on ESPN and The Tennis Channel.<\/p>\n

Maybe if I eventually test negative, my family and friends will agree to visit.\u00a0 Right now, they think I have the Bubonic Plaque.<\/p>\n

Maybe I’ll dress up for them?<\/p>\n

\"\"<\/p>\n

Thanks for indulging me.<\/p>\n

See you soon. Harry Newton<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The good news. + She’s back. This is my Robin’s second batch this season. + A dear friend gave me a wonderful birthday present: He said “Check the birds. They’re more interesting than the stock market.” He’s right. Last night I saw an owl in our backyard — my first time ever.\u00a0 They’re really great […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-58574","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58574"}],"version-history":[{"count":16,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58574\/revisions"}],"predecessor-version":[{"id":58604,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58574\/revisions\/58604"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}