Fed Fear Mongering Takes Down The Markets Again This Week – $BBBY $CYN $INM $TSLA Rise!

The markets overall experienced yet another broadly-based sell-off this week pressured by last week’s Fed’s Minutes & individual FOMC voters sounding off hawkishly, and then this week’s Fed Chair Jerome Powell confirmation that the central bank is committed to raising rates “expeditiously” to bring down inflation & is now pointing toward an interest rate hike of 50 basis points in May as inflation is running at a pace that is the fastest that he has seen in more than 40 years. He believes this must be done to restore “stability” and is unwilling to state that it has reached a ‘peak’. This type of loose communication between meetings, this time at an IMF panel hosted by CNBC, is growing fear amongst investors. Fear begets fear and  ‘selling begets selling’ and the markets are most certainly following suit at the moment.

In concert with this negative rhetoric, the yield curve rose again as the 2-yr treasuries moved up 20 basis points to close at 2.72%, while the 10-yr treasuries rose to close at 2.91% up 20 basis points. The 30-year fixed rates are now over 5% as market participants price in higher fed interest rates.

Oil Prices also remained well above a sustainable level closing at $101.61/bbl, but at least moved down 5.1% for the week. Oil dropped after the International Monetary Fund (IMF) stated that the global economic recovery will “slow significantly” in 2022 primarily caused by the Russian-Ukraine war and the resulting disruption of commodities. In addition, the IMF believes that global GDP will rise 3.6% in 2022, well below their 4.4% projection that was produced not long ago in January 2022. They also added that in 2023 growth will come in at 3.6% notching down from their 3.8% projection. 

The markets also swallowed a mixed bag of reports from number of noted companies including a disappointing report from Netflix (NLFX) where they reported that they lost 200k paid subscribers in Q1 & believes it will lose another 2M subscribers in Q2, which set a negative tone in the markets. 

As a result, the major indices closed lower and it was exhausting week for most. The S&P 500 closed at 4,271.78 (-2.8%) for the week and is now down 10.4% YTD. 9 of the 11 sectors ended in the red & were led by the communication services sector’s 7.7% fall & energy’s 4.6% decline. The 2 positive sectors were the real estate moving up 1.2% & the consumer staples ticking up .4%. The Dow 30 moved lower closing at 33,811.40 (-1.9%) and is now down 7% YTD, & the growth oriented Nasdaq experienced yet another decidedly negative week as it closed at 12,839.29 (-3.8%) and is now down 17.9% YTD.  The small caps also got hit again this week as the Russell 2000 closed at 1,940.66 (-3.2%) and is now down 13.6% YTD. The MicroCaps ended down as well over the last 5-days as the iShares Micro-Cap ETF (IWC) closed at $120.42, -4.53% and is down 13.82% YTD.

The biotech stocks ended the week significantly lower on the larger side with the Nasdaq Biotechnology ETF (IBB) closing at $123.04, -5.98% over the last 5-days, -19.38% YTD. The NYSE ARCA Biotech Index (^BTK) also closed sharply lower at 4,891.71, -6.43% over the last 5-days. On the smaller side of the biotech markets, represented to a degree by the SPDR S&P Biotech ETF (XBI), closed at $79.84 & down 9.03% over the last 5-days and is now down 28.69% YTD after stabbing a new 52-week low of $79.67 on Friday. When will the winter freeze thaw for this sector? The 52-week range is is now $79.67-$141.50). 

The macroeconomic schedule served up a number of reports again this week. On Monday, the NAHB Housing Market Index report for April came in down 2 points to 77. On Tuesday, the Housing starts report confirmed a rise of .3% M/M in March to a seasonally adjusted annual rate of 1.793M. Housing permits came in higher up .4% M/M to a seasonally adjusted annual rate of 1.873M. On Wednesday, the existing home sales report confirmed a 2.7% M/M drop in March to a seasonally adjusted annual rate of 5.77M, while total sales in March dropped a sizable 4.5% Y/Y. In concert, the weekly MBA Mortgage Applications Index report showed a 5% drop. On Thursday, the Initial jobless claims report for the week ending April 16 confirmed a drop by 2k to 184k, while the continuing jobless claims report for the week ending April 9 clocked in lower by 58k to 1.417M. The Philadelphia Fed Index report for April showed a nearly 10 point drop to 17.6. The Conference Board’s Leading Economic Index (LEI) report showed a rise by .3% M/M in March. On Friday, the preliminary IHS Markit Manufacturing and Services PMIs for April where the manufacturing reading showed a nearly 1 point rise to 59.7 M/M & the services reading showed a unary 4 point to 54.7 M/M.

EV, TECH, CONSUMER, FINANCIALS

Apple (AAPL) closed at $161.79, -2.12% over the last 5-days. On April 14, Apple announced that its suppliers more than doubled their use of clean power over the last year, with over 10 gigawatts operational today out of nearly 16 gigawatts in total commitments in the coming years. In 2021, these renewable projects avoided 13.9 million metric tons of carbon emissions. The projects online today will support greenhouse gas reductions equivalent to removing 3 million cars from the road for one year.

EV giant Tesla (TSLA) closed at $1005.05, +2.05% over the last 5-days and is splitting its stock once again.

On April 20, Tesla reported that Q1 sales had jumped 81% even in the face of supply-chain disruptions, while Elon Musk promised a robotaxi for 2024.

Shares of Cyngn (CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, skyrocketed to close at $2.69, +133.91% over the last 5-days. On April 21, Cyngn announced the official launch of DriveMod Kit, a turnkey autonomous vehicle (“AV”) solution for which Cyngn filed a patent in February 2022. DriveMod Kit’s inaugural manufacturing run started coming off the assembly line in the first half of April 2022. Containing all the advanced sensors and hardware components needed for AV technology integration, DriveMod Kit is designed to streamline retrofitting of existing industrial vehicles or simplify integration onto newly manufactured vehicles. We believe that by eliminating traditional barriers to autonomous vehicle adoption, such as high costs and complex installations, DriveMod Kit will facilitate rapid adoption of autonomous vehicles across a wide range of industrial and commercial domains. “We are excited to have launched production of DriveMod Kit for Columbia’s Stockchaser. With 883,000 new material-handling vehicles sold each year in the U.S., DriveMod Kit creates a sizable opportunity for Cyngn to lead the rapid adoption of turnkey AV solutions for both retrofit and new vehicles. Installation can be done quickly and does not require special training. Anyone who works on these vehicles can retrofit an existing Columbia Stockchaser into a fully autonomous vehicle with very little effort. DriveMod Kit is a complete AV integration solution, a game-changer that eliminates traditional barriers to autonomous vehicle adoption,” said Lior Tal, Cyngn’s CEO.

Shares of JPMorgan (JPM) closed at $126.81, +.55% over the last 5-days. On April 7, Chase announced that it will pilot public fast electric vehicle charging stations across 50 of its U.S. branches beginning this summer. This adds to the firm’s efforts to promote environmental sustainability in its retail locations as it also aims to expand on-site solar power to approximately 400 additional branches by the end of 2022. To bring the charging stations to branches, the bank partnered with EVgo, a pioneer and innovator in transportation electrification. The company builds, owns and operates the nation’s largest network of public DC fast chargers, powered by 100% renewable energy.

JPMorgan will host a conference call to review first-quarter 2022 financial results on Wednesday, April 13, 2022 at 8:30 a.m. (EDT). The results are scheduled to be released at approximately 7:00 a.m. (EDT). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.

On March 24, Chase, the largest co-brand card issuer in the U.S., and IHG® Hotels & Resorts announced the launch of the new IHG® Rewards Premier Business Mastercard®, with Mastercard as the exclusive payments network, designed to help small business owners turn everyday expenses into meaningful travel rewards. In tandem with this news, Chase and IHG also activated new and enhanced benefits across the IHG® Rewards Traveler and Premier Consumer Mastercard® products.

On March 1, JPMorgan Chase announced five organizations will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for underserved households, particularly in Black, Hispanic and Latino communities.

Amazon.com, Inc. (NASDAQ: AMZN) $2,887, -4.85% over the last 5-days.

On April 20, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company announced it has committed more than $30 million to early stage startups led by Black, Latino, LGBTQIA+, and women founders as part of its new AWS Impact Accelerator. Over the three-year commitment, AWS will provide funding and guidance for a series of programs that will help these organizations build successful companies. Each qualifying startup receives up to $225,000 in cash and credits, extensive training, mentoring and technical guidance, as well as introductions to Amazon leaders and teams, networking opportunities with potential investors, and ongoing advisory support. Eligible startups can now apply to the first of these programs, the AWS Impact Accelerator for Black Founders.

Shares of Microsoft Corp. (MSFT) closed at $274.03, -2.07% over the last 5-days.

On April 21, The Kraft Heinz Company and Microsoft Corp. announced they are joining forces to develop solutions designed to accelerate the consumer goods giant’s transformation and enable a more resilient supply chain. The initiative is one of Kraft Heinz’s largest technology investments to date and a key driver of the company’s ambitious AGILE@SCALE approach. With Microsoft Azure as its preferred cloud platform, Kraft Heinz will migrate the majority of its global datacenter assets to Azure and its enterprise resource planning (ERP) software to SAP on Azure. Through this transformation, Kraft Heinz expects to reimagine its day-to-day operations, create a more collaborative supply chain, and enhance consumer experiences by using real-time predictive analytics to improve inventory transparency and anticipate consumer and channel demand. At the same time, the efficiencies created through the adoption of digital tools from Microsoft are expected to allow the food and beverage leader to continually reinvest into its business.

NVIDIA (NVDA) closed $195.15, -8.2% over the past 5-days. On March 22, NVIDIA announced the launch of new NVIDIA Omniverse™ features that make it easier for developers to share assets, sort asset libraries, collaborate and deploy AI to animate characters’ facial expressions in a new game development pipeline. With the NVIDIA Omniverse real-time design collaboration and simulation platform, game developers can use AI- and NVIDIA RTX™-enabled tools, or easily build custom ones, to streamline, accelerate and enhance their development workflows. New features for game developers include updates to Omniverse Audio2Face™, Omniverse Nucleus Cloud and Omniverse DeepSearch, as well as the introduction of Unreal Engine 5 Omniverse Connector.

Cathie Wood’s ARK Innovation ETF (ARKK) closed at $52.46, -11.07% over the last 5-days.

The Technology Select Sector SPDR Fund (XLK) closed at $143.08, -2.43% over the last 5-days.

Disney (DIS) closed at $1118.27, -9.35% over the last 5-days. Reportedly, the Florida Senate passed a bill to eliminate Disney special status and now Florida governor Ron DeSantis signs bill stripping Disney of special tax status after Disney spoke out against Florida law that limits school instruction about gender identity and sexual orientation or the “D’ont Say Gay” bill.  

Disney will discuss fiscal second quarter 2022 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, May 11, 2022. Results will be released after the close of regular trading on May 11, 2022. To listen to the webcast, please visit www.disney.com/investors.

Shares of McDonald’s (MCD) closed at $250.17, -.14% over the last 5-days .

GOLD & SILVER

Gold prices closed at $1,933, -$18/oz. & silver prices closed at $24.22, -$.71/oz. for the week. Hecla Mining (HL) closed at $6.06, -15.24% over the last 5-days & First Majestic (AG) closed at $11.70, -17.84% over the last 5-days as BMO Capital cut its price target to $12.

MEMES REPORT

AMC Entertainment (AMC) closed at $16.52, -8.32% over the last 5-days. On April 12, AMC announced it finalized a deal with Bow Tie Cinemas to purchase and operate seven locations in Connecticut, upstate New York and Annapolis, Maryland.

GameStop (GME) closed at $138.22, -8.32% over the last 5-days. GME plans to split its stock. GME announced that its fourth quarter and full year fiscal 2021 results after the market closed on Thursday, March 17, 2022. Here are a few highlights: Generated net sales of $2.254 billion for the quarter, compared to $2.122 billion in the fourth quarter of 2020 and $2.194 billion in the fourth quarter of 2019, Established new and expanded brand relationships, including with PC gaming companies such as Alienware, Corsair and Lenovo, that contributed to sales growth in the quarter, Grew PowerUp Rewards Pro members by 32% on a year-over-year basis, taking total membership to approximately 5.8 million, & Entered into a partnership with Immutable X that is intended to support the development of GameStop’s NFT marketplace and provide the Company with up to $150 million in IMX tokens upon achievement of certain milestones.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares closed at $17.46, +.75% over the past 5-days. On April 13, BBBY reported financial results for the fourth quarter of Fiscal 2021 ended February 26, 2022 highlighting Q4 Net Sales of $2,051M; Comparable Sales of (12)% Impacted by Ongoing Supply Chain and Inventory Availability Challenges; Q4 GAAP Gross Margin of 28.3%; Adjusted Gross Margin of 28.8% including 360bps of Higher than Expected, Escalating Supply Chain Costs. Excluding Supply Chain Cost Increases, Q4 Adjusted Gross Margin of 32.4%, & Second Year of Transformation to Continue in Fiscal 2022.

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) closed at $1.11, -5.93% over the last 5-days.  On April 1, Seanergy  announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the “Annual Report on Form 20-F”) has been filed with U.S. Securities and Exchange Commission. The Annual Report on Form 20-F may also be accessed through the Company’s website, www.seanergymaritime.com, at the “Investor Relations” section under “Financial Reports”.

On March 16, Seanergy announced that it has successfully completed marine biofuel trials in cooperation with one of its major charterers, NYK Line, on one of the Company’s Capesize Vessels. The biofuel is a 0.50% VLSFO blended with a waste-based and ISCC certified FAME component at a 90% – 10% ratio. Advanced real time monitoring instruments and AI have been used to assess the results of the trials.

CRYPTO & BITCOIN

Bitcoin (BTC) closed at $39,620.16, -2.95% over the last 5-days.  

ENERGY

The Energy Select Sector SPDR Fund or ETF (XLE) closed at $76.20, -4.57% over the last 5-days. Chevron (CVX) closed at $160.95, -6.20% over the last 5-days. 

NEXT WEEK

Back to 5 volatile trading sessions next week and probably more Fed negative inflation fighting rhetoric. Woo Hoo!

VP WATCHLIST UPDATES

Please review our complete VP Watchlist that includes Apple (AAPL), Disney (DIS), Tesla (TSLA) & a select group of emerging names.  The pages will allow you to learn more and keep up with these companies daily.

For now, see the summaries or five of the emerging companies from the VP Watchlist below:

 

Dietrich A. Stephan, Ph.D, CEO, & Founder of NeuBase Therapeutics (NASDAQ: NBSE)

• • On February 3rd, our sister organization, Tribe Public hosted a Webinar Presentation and Q&A Event titled “Drugging The Genome.” The event was co-hosted by Dietrich A. Stephan, Ph.D, CEO, & Founder of NeuBase Therapeutics (NASDAQ: NBSE). The event video may now be viewed at the Tribe Public YouTube Channel at this link. 

•  

• • On Jan. 10, NeuBase announced  the appointment of Todd P. Branning as Chief Financial Officer (CFO). Mr. Branning has more than 25 years of experience leading corporate finance and accounting, tax, financial planning and analysis, and investor relations for several publicly traded pharmaceutical companies. Prior to joining NeuBase, Mr. Branning was CFO of Phathom Pharmaceuticals, Inc., a publicly traded late clinical-stage biopharmaceutical company. Before that, he was Senior Vice President, CFO of Amneal Pharmaceuticals, Inc., a publicly traded pharmaceutical company, where he helped to build, leverage, and optimize infrastructure following the completion of a transformational merger. Prior to joining Amneal, he was Senior Vice President, CFO of the global generic medicines division at Teva Pharmaceutical Industries Ltd., a multinational generic pharmaceuticals company, where he led the finance function and served on the leadership team responsible for managing the day-to-day operations of Teva’s largest multi-billion-dollar commercial unit. Mr. Branning has also held financial leadership roles at Allergan plc, PricewaterhouseCoopers LLP, PPG Industries, Inc., and Merck & Co., Inc. Mr. Branning received his BBA from the University of Miami and MBA from Carnegie Mellon University. Mr. Branning is also a Certified Public Accountant and has completed a CFO certification program at The Wharton School at the University of Pennsylvania.

•  

Thanks again for your attention this week. Please continue to share your thoughts, questions, & ideas as we move forward. 

In the meantime, please enjoy the balance of the weekly newsletter’s videos, quotes, updates and let’s find ways to crush it again this year!

Investing & Inspiration

1. “We know what we are, but know not what we may be.” – William Shakespeare

2. “Our life always expresses the result of our dominant thoughts.” – Soren Kierkegaard

3. Attitude determines the altitude of life.” – Edwin Louis Cole

4. “Don’t go through life, grow through life.” – Eric Butterworth
5. “Life is too short for long-term grudges.” – Elon Musk
6. “There cannot be a crisis next week. My schedule is already full.” – Henry Kissinger
7. “Success consists of getting up just one more time than you fall.” – Oliver Goldsmith
8. “The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.” – Konstantin Tsiolkovsky
9. “Ours is a world of nuclear giants and ethical infants. We know more about war that we know about peace, more about killing that we know about living.” – Omar N. Bradley
10. “Beauty surrounds us, but usually we need to be walking in a garden to know it.” – Rumi
11. “But man is not made for defeat. A man can be destroyed but not defeated.” – Ernest Hemingway
12. “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
13. “Let there be work, bread, water and salt for all.” – Nelson Mandela
14. “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.” – John Maynard Keynes
15. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
16. I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. – Albert Einstein
17. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
18. “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – W. Edwards Deming
19. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte
20. “Be sure you put your feet in the right place, then stand firm.” – Abraham Lincoln
21. Without investment there will not be growth, and without growth there will not be employment.” – Muhtar Kent
22. “You have to do your own growing no matter how tall your grandfather was.” – Abraham Lincoln
23. “Victory has a thousand fathers, but defeat is an orphan.” – John F. Kennedy
24. “Delete the negative; accentuate the positive!” – Donna Karan
25. “It’s crazy how fast time flies and how things progress.” – Nathan Chen
26. The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.” – Albert Einstein
27. “Life isn’t about finding yourself. Life is about creating yourself.” – George Bernard Shaw
28. “Everything has beauty, but not everyone sees it.” – Confucius
29. “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” – John C. Maxwell
30. “Walking with a friend in the dark is better than walking alone in the light.” – Helen Keller
31. “A man who dares to waste one hour of time has not discovered the value of life.” – Charles Darwin
32. “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.” – Michelangelo
33. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl

34. “I like to encourage people to realize that any action is a good action if it’s proactive and there is positive intent behind it.” – Michael J. Fox

35. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn

36. “But investment in space stimulates society, it stimulates it economically, it stimulates it intellectually, and it gives us all passion.” – Bill Nye

37. “Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.” – Andrew Ross Sorkin
38. “Life is a tragedy when seen in close-up, but a comedy in long-shot.” – Charlie Chaplin
39. No matter what you’re going through, there’s a light at the end of the tunnel and it may seem hard to get to it but you can do it and just keep working towards it and you’ll find the positive side of things.” – Demi Lovato
40. “Infrastructure investment in science is an investment in jobs, in health, in economic growth and environmental solutions.” – Oren Etzioni
41. “Educating our children and giving them the skills they need to compete in a global economy is a smart investment in our country’s future.” – Sheldon Whitehouse
42. “Know thy self, know thy enemy. A thousand battles, a thousand victories.” – Sun Tzu
43. If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
44. “Beware of missing chances; otherwise it may be altogether too late some day.” – Franz Liszt
45. “The sofa is a really important investment for anybody, and I don’t mean financially. You need to find a really great sofa that can transition with you, and you can build from there.” – Jeremiah Brent
46. “There is no investment you can make which will pay you so well as the effort to scatter sunshine and good cheer through your establishment.” – Orison Swett Marden
47. “Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” – Marie Curie
48. There is little that can withstand a man who can conquer himself.” – Louis XIV
49. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son
50. “A camel makes an elephant feel like a jet plane.” – Jackie Kennedy
51. “The advance of technology is based on making it fit in so that you don’t really even notice it, so it’s part of everyday life.” – Bill Gates
52. “Success depends upon previous preparation, and without such preparation there is sure to be failure.” – Confucius
53. “Coming together is a beginning; keeping together is progress; working together is success.” – Edward Everett Hale
54. “Never do anything against conscience even if the state demands it.”– Albert Einstein
55. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey
56. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
57. “In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?” – Li Lu
58. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
59. “The best preparation for tomorrow is doing your best today.” – H. Jackson Brown, Jr.
60. “Friendship marks a life even more deeply than love. Love risks degenerating into obsession, friendship is never anything but sharing.” – Elie Wiesel
61. “Investing in women’s lives is an investment in sustainable development, in human rights, in future generations – and consequently in our own long-term national interests.” – Liya Kebede
62. “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.” – Mike Ditka
63. “No matter how many goals you have achieved, you must set your sights on a higher one.” – Jessica Savitch
64. “Start where you are. Use what you have. Do what you can.”– Arthur Ashe
65. “The secret of getting ahead is getting started.” – Mark Twain
66. “The amount of work and the amount of both physical and emotional investment it takes to get to the top.” – Drew Bledsoe
67. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
68. “If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away.” – Henry David Thoreau
69. “Adopting the right attitude can convert a negative stress into a positive one.” – Hans Selye
70. “Money is something that keeps you alive and healthy and just keeps you focused. It’s the drive. It’s the passion.” – Travis Scott
71. “Common sense is the collection of prejudices acquired by age eighteen.” – Albert Einstein
72. “Live life to the fullest, and focus on the positive.” – Matt Cameron
73. “You cannot escape the responsibility of tomorrow by evading it today.” – Abraham Lincoln
74. “However difficult life may seem, there is always something you can do and succeed at.”– Stephen Hawking
75. “Once you bring life into the world, you must protect it. We must protect it by changing the world.” – Elie Wiesel
76. “Don’t let your ego get too close to your position, so that if your position gets shot down, your ego doesn’t go with it.” – Colin Powell
77. “Good things do not come easy. The road is lined with pitfalls.” – Desi Arnaz
78. Honoring the sacrifices many have made for our country in the name of freedom and democracy is the very foundation of Veterans Day.” – Charles B. Rangel,
79. “The true sign of intelligence is not knowledge but imagination.” – Albert Einstein
80. “Trust yourself, you know more than you think you do.” – Benjamin Spock
81. “This idea of mutual appreciation and partnerships and investment in our people is very important to me and will continue to be important.” – Dennis Muilenburg
82. “The true secret of happiness lies in taking a genuine interest in all the details of daily life.” – William Morris
83. “Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn
84. “Give me the luxuries of life and I will willingly do without the necessities.” – Frank Lloyd Wright
85. “If opportunity doesn’t knock, build a door.” – Milton Berle
86. “Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” – Mark Twain
87. “The smallest deed is better than the greatest intention.” – John Burroughs
88. “It’s the steady, quiet, plodding ones who win in the lifelong race.” – Robert W. Service
89. “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.” – Oscar Wilde
90. “A savvy entrepreneur will not always look for investment money, first.” – Daymond John
91. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son

92. “Look deep into nature, and then you will understand everything better.” -Albert Einstein

93. “The young man knows the rules, but the old man knows the exceptions.” – Oliver Wendell Holmes, Sr.

94. “Don’t go through life, grow through life.”– Eric Butterworth
95. “This life is worth living, we can say, since it is what we make it.” – William James
96. “People who think they know everything are a great annoyance to those of us who do.” –  Isaac Asimov
97. “True life is lived when tiny changes occur.”  – Leo Tolstoy
98. “If you want a guarantee, buy a toaster.” – Clint Eastwood
99. “In order to attain the impossible, one must attempt the absurd.” – Miguel de Cervantes
100. “Aim for the moon. If you miss, you may hit a star.” – W. Clement Stone
101. “If I had to live my life again, I’d make the same mistakes, only sooner.” – Tallulah Bankhead
102. “The deal machinations many companies put themselves through, while certainly a bonanza for investment bankers, can confound the typical investor.” – Whitney Tilson
103. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
104. “Procrastination is the art of keeping up with yesterday.” – Don Marquis

105. “Do not fear mistakes. You will know failure. Continue to reach out.” – Benjamin Franklin

106. “Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming.” – John Wooden
107. “One fails forward toward success.” – Charles Kettering
108. “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.” – Michelangelo
109. “I hear and I forget. I see and I remember. I do and I understand.” – Confucius
110. “I’m a very strong believer in listening and learning from others.” – Ruth Bader Ginsburg
111. “Blessed are those who give without remembering and take without forgetting.” – Elizabeth Bibesco
112. “As you walk down the fairway of life you must smell the roses, for you only get to play one round.” – Ben Hogan
113. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
114. “Economics is all about consumption. People either spend money now or they use financial instruments – like bonds, stocks and savings accounts – so they can spend more later.” – Adam Davidson
115. “Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.” -Samuel Beckett
116. “In the post-industrial economy, ideas and great minds often provide far greater return on investment than any other resources or capital investments.” – Marvin Ammori
117. “Work like you don’t need the money. Love like you’ve never been hurt. Dance like nobody’s watching.” – Satchel Paige
118. “One of the rules I’ve learned is that struggling to try and think your way into making an investment is usually the best way to not have a great outcome.” – Stephen A. Schwarzman
119. “The secret of business is to know something that nobody else knows.” – Aristotle Onassis
120. “It takes a long time to grow an old friend.” – John Leonard
121. “Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.”– Sholom Aleichem
122. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem
123. “Man is only great when he acts from passion.” – Benjamin Disraeli
124. “We need to stop thinking about infrastructure as an economic stimulant and start thinking about it as a strategy. Economic stimulants produce Bridges to Nowhere. Strategic investment in infrastructure produces a foundation for long-term growth.” – Roger McNamee
125. “We must let go of the life we have planned, so as to accept the one that is waiting for us.” – Joseph Campbell
126. “Put your heart, mind, and soul into even your smallest acts. This is the secret of success.” – Swami Sivananda
127. “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” – Jimmy Dean
128. “Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.” – Peter Diamandis
129. “By failing to prepare, you are preparing to fail.” – Benjamin Franklin
130. “We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein
131. “When you’re an investor, you can look at the quantitative and qualitative elements of an investment, but there’s a third aspect: What you feel in your gut.” – Kevin O’Leary
132. “Set your course by the stars, not by the lights of every passing ship.” – Omar N. Bradley
133. “Do not take life too seriously. You will never get out of it alive.” – Elbert Hubbard
134. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey 
135. “Every good painter paints what he is.” – Jackson Pollock
136. “If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner. The price of victory is high but so are the rewards.” – Bear Bryant
137. “Your mindset matters. It affects everything – from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being.” – Peter Diamandis
138. “You cannot have a positive life and a negative mind.” – Joyce Meyer 
139. “Like wildebeest and zebra migration across the Serengeti, investment managers and consultants, too, have a habit of running together and, every now and then, changing direction.” – Sanjaya Baru
140. “If people are anything but enthusiastic about the information or ideas that they’re sharing, they’re either not that invested in what they’re doing – or they’re not communicating that investment effectively.” – Ana Kasparian 
141. “Life consists not in holding good cards but in playing those you hold well.” – Josh Billings 
142. “Friend, there’s no greater investment in life than in being a people builder. Relationships are more important than our accomplishments.” – Joel Osteen
143. “It’s only natural that the heavy users help contribute to the investment to keep the Web healthy. That is the most important concept of net neutrality.” – Lowell McAdam
144. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” – Jean Paul 

145. “Eliminate emotion from your investment program.” -John C. Bogle

146. “Modern medical advances have helped millions of people live longer, healthier lives. We owe these improvements to decades of investment in medical research.” – Ike Skelton
147. “In every investment, before I get involved or invest, I always see what the mindset of the founder, the CEO, is.” – Zaza Pachulia
148. “An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can’t easily recognize that they are the same.” – Daniel Kahneman
149. “The return on investment in global health is tremendous, and the biggest bang for the buck comes from vaccines. Vaccines are among the most successful and cost-effective health investments in history.” – Seth Berkley
150. “Few things in the world are more powerful than a positive push. A smile. A world of optimism and hope. A ‘you can do it’ when things are tough.” – Richard M. DeVos
151. “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph Waldo Emerson
152. “We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort.”  – Jesse Owens
153. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward- American Writer, Born 1921
154. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
155. “The secret of your future is hidden in your daily routine.” – Mike Murdock
156.  “If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.” – Leah LaBelle
157. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
158. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

159. “Human behavior flows from three main sources: desire, emotion, and knowledge.” – Plato

160. “We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.” – Swami Vivekananda
161. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

162. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll

163. “Don’t worry about being a star, worry about doing good work, and all that will come to you.” – Ice Cube

164. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare

165. “Prediction is very difficult, especially if it’s about the future.” – Niels Bohr (Danish Physicist)

166. “It is indeed true that the stock market can forecast the business cycle.” -Paul Samuelson

167. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sacks

168. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
169. “Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.” – Thomas Sowell
170. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
171. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

172. “View health as an investment, not an expense.” – John Quelch

173. “Opportunity does not knock, it presents itself when you beat down the door.” – Kyle Chandler

174. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
175. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
176. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
177. “Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” – Marie Curie
178. “A problem is a chance for you to do your best.”–  Duke Ellington
179. “The best way to predict the future is to create it.” -Peter Drucker
180. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
181. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
182. “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” – William Feather
183. “While I’m sure some millennials are concerned with the ethical issues involved in mining for diamonds, the main reason they steer clear of the gems is because, well, they’re a dumb investment.” – Ana Kasparian
184. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sack
185. “We must shift our thinking away from short-term gain toward long-term investment and sustainability, and always have the next generations in mind with every decision we make.” –  Deb Haaland
186. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
187. “If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner. The price of victory is high but so are the rewards.” – Bear Bryant

188. “Investing in women’s lives is an investment in sustainable development, in human rights, in future generations – and consequently in our own long-term national interests.” -Liya Kebede

189. “Success is not final, failure is not fatal: it is the courage to continue that counts.”– Winston Churchill

190. “Our greatest glory is not in never falling, but in rising every time we fall.” – Confucius

191. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
192. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
193. “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.” – Elon Musk
194. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
195. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
196. “Netflix, Amazon, iTunes – whatever platforms emerge – we are looking at as having the same potential that home video had for the movie business. Which means there are entirely new opportunities to monetize our capital investment in content and do so in ways that work for distributors, for consumers and for creators.” – Bob Iger

197. “When you have no one to answer to, vendetta as investment strategy is as legitimate as anything.” – Carl Icahn

198. “No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.” – Brad Henry
199. “In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?” – Li Lu

200. “Modern medical advances have helped millions of people live longer, healthier lives.

201. We owe these improvements to decades of investment in medical research.”– Ike Skelton

202. “Stock market goes up or down, and you can’t adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.” – John Paulson

203. “Your mindset matters. It affects everything – from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being.” – Peter Diamandis
204. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
205. “Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.” – Andrew Ross Sorkin
206. “I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.” – Peter Lynch
207. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
208. “The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” – George Soros
209. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
210. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
211. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
212. “When purchasing depressed stock in troubled companies, seek out the ones with the superior financial positions and avoid the ones with loads of bank debt.” – Peter Lynch
213. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

214. “Investment is most successful when it is most businesslike.” – Ben Graham

215. “Value stocks are about as exciting as watching grass grow, but have you ever noticed just how much your grass grows in a week?” – Christopher Browne

216. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
217. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
218. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
219. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
220. “There are only three measurements that tell you nearly everything you need to know about your organization’s overall performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” – Jack Welch, former CEO of GE
221. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
222. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
223. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
224. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
225. “A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
226. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
227. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
228. “Know what you own, and know why you own it.” – Peter Lynch
229. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
230. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

231. “Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis

232. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
     -Jeremy Siegel
233. “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu
234. “If we like a business, we’re going to buy as much of it as we can and keep it as long as we can. And when we change our mind, we don’t take half measures.” – Warren Buffett

235. “The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel

236. “Never depend on a single income, make an investment to create a second source.” Warren Buffet

237. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
     ― Warren Buffett
238. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
239. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
240. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
241. “As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.” — John Maynard Keynes
242. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
243. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
244. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
245. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
246. “Men, it has been well said, think in herds. It will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” – Charles Mackay
247. “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
248. “No Price is too low for a bear or too high for a bull.” — Anonymous
249. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
250. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
251. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
252. “It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.” ― Robert Shiller
253. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
254. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
255. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
256. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
257. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
258. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
259. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
260. “Thousands of experts study overbought indicators, head-and-shoulder patterns, put-call ratios, the Fed’s policy on money supply…and they can’t predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emperors when the Huns would attack.” – Peter Lynch
261. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
262. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
263. “Know what you own, and know why you own it.” – Peter Lynch
264. “Liquidity is only there when you don’t need it.” -Old Proverb
265. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
266. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
267. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
268. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
269. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
270. “The rivers don’t drink their own water; Trees don’t eat their own fruits. The sun does not shine for itself, And flowers do not spread their fragrance For themselves. Living for others is a rule of nature” – Pope Francis
271. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
272. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
273. “I believe the returns on investment in the poor are just as exciting as successes achieved in the business arena, and they are even more meaningful!” -Bill Gates
274. “Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.” – Suze Orman
275. “The tax on capital gains directly affects investment decisions, the mobility, and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.” – John F. Kennedy
276. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
277. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
278. “Let this scenario play out on its own, in its own fashion. As you watch it unfold, you will soon be grateful that you choose the peaceful path. Remember — those who live by the sword, die by the sword.”
279. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
280. “I rarely think the market is right. I believe non-dividend stocks aren’t much more than baseball cards. They are worth what you can convince someone to pay for it.” -Mark Cuban
281. “Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.” -Bruce Kovner
282. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
283. “The only true test of whether a stock is “cheap” or “high” is not its current price in relation to some former price, no matter how accustomed we may have become to that former price, but whether the company’s fundamentals are significantly more or less favorable than the current financial-community appraisal of that stock.” -Philip Fisher
284. “I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.” -Richard Dennis
285. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
286. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger