8/7 Kingmaker AAPL & CPI
A week of Perils Lay Ahead
IV. Analysis and Commentary
So far it looks like my thoughts from Thursday on the market are proving to be correct, but with upcoming CPI, there are some risks we need to consider, as well as take a look at what AAPL’s latest ER means for the rest of the market.
Glad to be back in the saddle today, as most of the tribe knows, I take Friday’s off from trading as practice in self-discipline. I think we are in for a very interesting week ahead.
I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.
VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)
STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)
If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.
I think too often I worry. I’ve worked on it for a very long time, but it seems to be my natural state to often fall back on worrying about things that ultimately don’t matter.
I cannot remember what I worried about last week, but I know that it bothered me. Stoics teach us that our thoughts have power. If we allow ourselves to dwell on negative thoughts, we will become more unhappy and less effective. However, if we can learn to control our thoughts, we can become more resilient and happier.
But there is a dichotomy of control, and Seneca aptly stated that there are only 2 things in this world. Things within our control, and things not within our control. Things that are within our control include our thoughts, our actions, and our choices. Things that are not within our control include other people's thoughts, actions, and choices, as well as external events such as the weather, traffic, and other people's behavior.
So if such a powerful thing is within our control, what do we do to get better control of it, so that we are happier? One way is to simply become more aware of our thoughts. When we become aware of a negative thought, we can choose to challenge it or replace it with a more positive thought. We can also use mindfulness techniques to help us focus on the present moment and let go of negative thoughts.
Ultimately, when we can control our thoughts, we are less likely to be affected by negative emotions such as anger, anxiety, and sadness. We are also more likely to make better decisions and take positive actions.
Let me also temper with acknowledging controlling your thoughts is not easy, but it is possible. With practice, you can learn to become more aware of your thoughts and to choose how to respond to them.