The Long Term Investor

The KILLER day today.

Stocks post back-to-back gains as traders remain optimistic for U.S.-Iran deal

https://www.cnbc.com/2026/04/13/stock-markets-today-live-updates.html

 

Oh yes....my recent auction.......of Western art.

I did not buy anything because we are waiting on two paintings that are going to be complete in the next 6-12 months......on commission. AND....unfortunately at that point.......we have to pay for them.

Both are SIGNIFICANT Western artists that are racking up BIG auction results. When it comes to Western Art versus our American Impressionistic Art....we do tend to buy some of the living artists.

Some people give the artist more direction on what to paint on commission works.

We try to stay out of the process as long as what they are going to paint is SOLIDLY in their classic and sought after style and subject matter. All these sorts of artists will do one or more sketches and often a small study before moving on to the final larger original. They will provide us with those for our approval. The main thing we direct them on is the size of the painting....which of course directly impacts final price.

Annual Spring Auction 2026

Results are In!

97% of Lots Sold!

Total Sales realized over $16.2 million


https://scottsdaleartauction.com/

 

I like it.......obviously.

Nvidia stock is on a 10-day winning streak and up 18% over that stretch

https://www.cnbc.com/2026/04/14/nvidia-stock-nvda-ai-streak.html

 

GREAT job....LORI.

Yes that should be a crazy IPO.....but....even if you cant get in right away....with most IPO's there will.....USUALLY..... be plenty of buying opportunities.....usually lower than the IPO prices.....sometime within the first year or two. Not that anything about this IPO will be......"USUAL".

 

WELL.....it is income tax time so....

Tax Day: Five Charts on Who Pays, How Much

https://www.cato.org/blog/tax-day-five-charts-who-pays-how-much

 

I totally agree and most of the research does also.

Tops and Bottoms

https://awealthofcommonsense.com/2026/04/tops-and-bottoms/

....."The important part of this data is to recognize that picking tops and bottoms doesn’t matter nearly as much as you think.

Your time horizon is more important than your ability to forecast market turning points.".....

 

So true.....and....so important.

What Do You Believe About Investing?

https://behaviouralinvestment.com/2026/04/14/what-are-your-investment-beliefs-2/

....."Investment beliefs are the foundation to any approach and will likely define its success or failure. An underwhelming process supported by some robust beliefs will likely do just fine, whereas flawed beliefs won’t be saved by a good process. The investment beliefs we hold should underpin any decision we make, without them it becomes incredibly difficult to make coherent choices – particularly during spells of market stress.".....

 

I believe that the short term market lows are in fact.....IN.

Four Reasons the Lows Are Likely In

https://www.carsongroup.com/insights/blog/four-reasons-the-lows-are-likely-in/

....."The bottom line is we believe the lows very likely are in and a surprise move higher is probably coming. We are fully aware with the war in Iran this could always change and this is why we continue to preach staying diversified in this uncertain environment. But we still think this is a bull market and with new highs not all that far away, investors may once again be rewarded for sticking with their process and not get sucked into the headlines."....

 

The RALLY continues today....so far.

S&P 500 ticks higher as benchmark approaches all-time high

https://www.cnbc.com/2026/04/14/stock-market-today-live-updates.html

 

ANOTHER nice start for me today.....only TWO stocks in the RED.....COST and AMZN.

RIDING THE WAVE.

 

I like this little article.

Nvidia stock is suddenly on a roll

https://finance.yahoo.com/news/nvidia-stock-is-suddenly-on-a-roll-114721332.html

 

I like this little article....ESPECIALLY.....the positive side of the commentary. I see the positive in this article as MUCH MORE accurate than the pessimistic comments and quotes.

The market is bullish again, but it's 'not a close-eyes-and-buy' market

https://finance.yahoo.com/news/the-...ot-a-close-eyes-and-buy-market-100023017.html

 

I was in San Antonio today so I missed the whole day. Now I cocma home to find a BIG gain today in my stocks. I also beat the SP500 today by 1%.

RIDING THE WAVE.

 

The record breaking market today.

Stock market today: S&P 500 closes above 7,000 for first time, Nasdaq hits record as stocks erase Iran war losses

https://finance.yahoo.com/markets/a...s-stocks-erase-iran-war-losses-231104330.html

 

Nice to see PLTR up nicely recently now that the BS from Mr A-HOLE is fading in the media. It is just SHAMELESS.