1. Crypto Trading Boom
From Dave Lutz at Jones Trading
2. DBA Agriculture ETF
DBA-Agriculture ETF Spike Short-Term
Reality Long-Term still below half of pre 2008 highs….Not even back to 2018 levels yet
3. Momentum ETFs Correcting….Look for Sector Rotation on Re-Balances.
MTUM -6% from highs…
4. ISM Manufacturing Customer Inventories 25 Year Chart….Off the Grid.
Just in time inventory not Covid comeback ready
Source: Jefferies Trading Desk
Percy Allison
Jefferies LLC
5. U.S. Highway Miles Traveled: 2012-Present (yearly trough in February)
Summer driving season coming off 10 year lows with lockdown ending
6. Tech IPO Proceeds in Europe Closing in on 1999 Bubble.
Tech and internet firms have racked up proceeds of $9.2bn on Europe’s exchanges this year, most for this period since 2000, data compiled by BBG show. And w/more offerings under way, as much as $3bn could be added to the tally in the coming weeks.
Holger Zschaepitz, @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1390372555710771207/photo/1
7. Worst Stocks Post Earnings Yesterday ….-8% or More
Bespoke Investment Group
https://twitter.com/bespokeinvest
8. The Street Takes No Prisoners…Shorts Lining Up Against ARKK Largest Holdings.
List of ARKK Holdings Over 5% of Company Shares.
Keubiko, https://twitter.com/Keubiko
9. More NYT subscriptions coming from non-news products in the Biden era
Sara Fischer, author of Media Trends
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
The New York Times on Wednesday said it added 301,000 new digital-only subscribers last quarter, its slowest quarter for digital subscriber growth in over a year.
Yes, but: New subscriber growth was weighted much more heavily this quarter towards non-news products than in any other previous quarter in the company’s history. A record 44% of The Times’ new digital subscribers came from non-core news products, like cooking, games and audio, last quarter.
- Typically, the percentage of new subscribers from non-news products hovers around 25-35%.
By the numbers: Of The Times’ 301,000 net new digital subscribers added last quarter, 134,000 came from its cooking, games and audio products.
- Another 167,000 new subscribers were added to its core news products.
- In total, The Times now has nearly 8 million paid subscribers, which is far ahead of even its closest news competitors — The Washington Post and The Wall Street Journal.
The big picture: Times executives for years have emphasized that The New York Times isn’t just a newspaper, but a lifestyle services company.
- In the post-Trump news cycle, that focus on lifestyle services has already begun to serve The Times well, offering it a financial cushion when the news cycle is slow.
Bottom line: The Times had a stated goal of reaching 10 million paid subscribers by 2025. Despite a news cycle slowdown, it’s well on its way to meeting that goal ahead of schedule.
Flashback: Trump era pushes New York Times to new heights in 2020
10. The four dimensions of ability-based emotional intelligence
Scott Dust, Ph.D. Psychology Today
1. Perceiving emotions — The ability to identify emotions in self and others. This dimension is fundamental to the remaining dimensions, as it entails the self-awareness and other awareness of emotions that can then inform self-regulatory capacities.
2. Facilitating thought — The ability to understand how emotions can be used to communicate information and, in turn, use that understanding in ways that are context-appropriate. This dimension addresses the idea that it is not enough to be aware of emotions; we must also understand what they mean and how they manifest in unique situations.
3. Understanding emotions — The ability to comprehend how emotions combine and transition and to understand the meaning of such combinations and transitions. This dimension acknowledges that emotions are multi-faceted and fleeting and that some individuals are more adept at understanding these complexities.
4. Managing emotions — The ability to regulate how one’s emotions surface during interactions with others. This dimension is important in that it directly situates the awareness and self-regulatory processes specific to emotions within social settings.
The four emotional intelligence skills
1. Self-awareness — You recognize your emotions and how they are connected to your thoughts and behaviors.
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2. Social awareness — You recognize the emotions of others. This manifests as being more empathetic, such that you recognize the needs of others. It can also manifest as being attuned to the socio-cultural dynamics of situations.
3. Self-management — You are able to manage your emotions in ways that are healthy and situation-appropriate. You are able to separate stimulus from response such that you can choose to respond to stimuli in ways that are most appropriate.
4. Relationship management — You are able to develop and maintain relationships with others. You understand emotions well enough to make good decisions when communicating, influencing, and managing conflict.
Takeaway #2: Ability-based EQ and EQ skills are different constructs.
Emotional intelligence skill development
The theory behind EQ skill development is that individuals can proactively think about and act upon the behaviors that allow them to enhance their ability-based EQ. The exercises below are regularly recommended among proponents of skills-based EQ. Note that there is little evidence directly connecting EQ skill development to ability-based EQ. Nonetheless, each of the exercises below is associated with heightened self-awareness and self-regulatory capacities, outcomes that are associated with ability-based EQ.
· Journal — Conduct a daily reflection on your own emotions and your perceptions of others’ emotions. Then consider what you could have done differently to optimize your interactions with others based on those understandings.
· Meditate — Activities such as mindfulness mediation have proven to help individuals become more aware of their emotions. Additionally, such activities are thought to help individuals create more “space” between a stimulus and their response, which increases the likelihood of having an appropriate response.
· 360-degree assessment — Solicit feedback from peers, supervisors, and subordinates on your strengths and opportunities for improvement. This will help ensure you fully understand whether you are successfully navigating socio-cultural norms.
· Create opportunities for external feedback — Consider enrolling in a leadership certificate program or signing up for leadership/executive coaching. High-quality instructors, facilitators, and coaches can apply evidence-based approaches to deepen your self-reflective capacities. Additionally, obtaining third-party assistance can help cut through the biases and political concerns of undergoing such development within an organizational setting.
Takeaway #3: Participating in EQ skills development is likely to increase some of the correlates of ability-based EQ.
Concluding thoughts on emotional intelligence
Perhaps one of the most important steps of social science is constructing definition. Things get messy when conceptualization is loose, and dimensionality is unclear. My hope is that this article helps clarify some of the most common questions about EQ and, in doing so, helps future researchers and practitioners make sound decisions for advancing their initiatives.
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