The Day Ahead: Taking the 'Smile Test'
Today is a relatively quiet patch in terms of market-moving news, meaning the overseas election outcomes will be regurgitated, first-quarter earnings will be off in the rear view mirror and investing masters will be pulling all sorts of catchy statistics from their weaponry in order to justify bull or bear positions.
So I'd suggest using today to decouple from the daily grind of the market, characterized by obsessive news and tape-following, and think on a deeper level on where the market is, where it could go -- or where it isn't yet, but believes itself to be. Studies have shown that smiling and laughter, if done more often than not, will lead to a longer and overall joyous life. With that in mind, perhaps you should say to yourself, "Self, can I pass the smile test when reviewing a subset of key near- and long-term factors to investing?"...737 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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