1. Levered ETF Growth
2. SMCI Super Micro -45% Correction Going into NVDA Number Last Night
StockCharts
3. Draftkings -50% From Highs
StockCharts
4. Global Bank Stock Index Breaks Out to Highs Going Back to 2008 Crisis
Topdown Charts Bank Stocks –Lastly, it’s also worth pointing out the strength we’ve seen in global bank stocks. Breadth across countries is running at a very strong pace, and after retesting its previous big breakout in April, the global bank stock index has now broken out to new all-time highs.
It’s been a long time coming for banks to finally recover to pre-GFC levels, and as I’ve noted with a few other big breakouts we’ve been seeing this year — it follows a long period of ranging and consolidation (and repair/restructure) so it’s a highly significant development.
Very interesting itself as far as the stocks go, but also interesting as another arguably quite positive macro sign and signal here.
5. Construction Spending on Data Centers +400% Since 2021
Wolf Street
6. Rate Cut Uncertainty Sends Homebuilders Back Below 200-Day
StockCharts
7. Japan Letting Zombie Companies Die—Bankruptcies Up 13%
Bloomberg By Kanoko Matsuyama
Bloomberg
8. AI is Not Causing Job Cuts Yet
9. The Deadliest Roads in America-Washington Post
Archive
10. A Tip on Motivation-Eric Barker
Motivation
What’s key to creating good habits and achieving your goals?
Eating chocolate. I’m serious as a heart attack.
When I spoke to Charles Duhigg, author of the bestseller The Power of Habit, he told me that if you add a little celebratory reward after engaging in a good habit you want to build, it’s a powerful reinforcer.
Did you go running this morning and want to make sure you go again tomorrow? He suggests treating yourself to a little bit of chocolate after today’s run. Here’s Charles:
The research shows that every habit has three components. There’s the cue, which is a trigger for an automatic behavior to start. Then, a routine, which is the behavior itself. Finally, a reward. The reward is really important because that’s how your brain essentially learns to latch onto a particular pattern and make it automatic. Chocolate, after running, is an obvious example of a reward that many people enjoy. It doesn’t have to be chocolate. What matters is that if you want to make a behavior into a habit, you need to give yourself something you enjoy as soon as that behavior is done.
Sound too simple to be effective? Wrong. Little celebrations for small accomplishments make a huge difference in motivation for even the toughest tasks.
Read more: New Neuroscience Reveals 4 Rituals That Will Make You Happy
As bestselling author Dan Pink explains, the research on motivation is clear: “small wins” are a big deal. Taking a moment to be happy about the little good things that happen is far more motivating than thinking you need to win that Nobel Prize or Academy Award before you’re allowed to feel satisfied.
And this works with the toughest challenges. How tough?
Appreciating the small fleeting victories is what former Navy SEAL Platoon Commander James Waters says is key to getting through seemingly impossible challenges like Navy SEAL “Hell Week”:
When you’re at BUD/S, it’s the small victories that matter. Let’s say you made it through a two and a half hour long PT session. You throw that log down, get together with your class, and go run a mile to dinner. That’s a small victory. It feels good. You sit down, have a nice meal, and feel like everything’s great. Then as soon as dinner is done, the instructors see you and say, “Go get wet and sandy.” They torture you again and you’re back down into the muck. BUD/S is a constant cycle of peaks and valleys. Even your brightest moments are constantly transformed into bad ones. When you finish Hell Week you feel like you’re on top of the world until you realize you still have nearly a year of training left to go. But you’ve got to be able to accept these peaks and valleys, these small victories and recognize that, yes, so many things are bad but they do have a start and an end.
(To learn the secrets of how to motivate yourself and others, from expert Dan Pink, click here.)
Are you doing any party planning yet? Let’s round up the info and learn how small celebrations can lead to you looking at your entire life in a more positive light…
https://time.com/4315078/life-improvement-celebrate