No More Excuses: Build Winning Habits Before the Year Ends!

Friends! It’s Friday, and what a week it’s been!

The markets were buzzing as a flurry of Fed speakers stepped into the spotlight, stoking volatility after that massive FOMC dump.

The S&P 500 - our global tier-one asset - didn’t disappoint.

As we headed into the New York lunch hour, it turned into a one-way train to the upside, filling that market imbalance with surprising speed.

It’s almost funny how quickly the narrative flipped from bearish to bullish, isn’t it? Within just a couple of hours, sentiment went from doom-and-gloom to full-throttle optimism.

Here were some quick news prints from the morning:

  • U. Michigan Sentiment (Final): Actual 74 (Forecast 74.2, Previous 74.0)

  • Fed's Hammack: Dissented because data supported holding policy steady.

  • Fed's Williams: Expects 2% growth next year and a steady unemployment rate.

  • Fed's Goolsbee: On track for 2% inflation; recent firming was just a bump.

With all this headline noise behind us, let’s shift gears. In the next section, we’ll dive into some personal habits that can help you navigate these choppy waters.

7 Must-Do Year-End Habits of Elite Entrepreneurs & Traders

  • Conduct a Performance Audit:
    Pinpoint what worked, what failed, and where to level up for a sharper 2024 game plan.

  • Uncover Your Mental Blocks:
    Identify the fears and beliefs that held you back - and crush them before the new year begins.

  • Optimize Systems & Routines:
    Streamline workflows, tech, and daily habits to jump into January more focused and agile.

  • Refresh Your Risk Management Playbook:
    Adjust stop-loss levels, diversify revenue streams, and pivot strategies to thrive in any market storm.

  • Reignite Your Vision & Goals:
    Realign with your “why” to ensure you’re chasing goals that truly matter - and not just numbers.

  • Seek Out Expert Perspectives:
    Get fresh insights from mentors, peers, and thought leaders to spark breakthroughs and outsmart the competition.

  • Embrace Constant Improvement:
    Don’t wait for perfect conditions. Commit to ongoing learning, testing, and growing - starting now.

SPX Impulse (+2.51%)🗽📈

  • Equity Markets

    • US Benchmark Indexes Close Higher: Dow +1.2%, S&P 500 +1.1%, Nasdaq +1.0%

    • All Sectors Gain, Real Estate Leads

    Weekly Performance

    • Dow -2.3%, S&P 500 -2.0%, Nasdaq -1.8%

    Economic Indicators

    • Consumer Spending Accelerates in November

    • Fed’s Preferred Inflation Gauge Steady at 2.8% Annually

    Interest Rates

    • US 10-Year Yield Falls 4bps to 4.53%

    • Two-Year Yield Steady at 4.32%

    Company Highlights

    • Carnival Posts Better-than-Expected Q4 Earnings (+6.4%)

    • Humana Appoints New CIO (+4.8%)

    • Tesla Down 3.5% After Tire Pressure Monitoring System Recall

    Other Markets

    • WTI Crude Oil Edges Up 0.2% to $69.50 per Barrel

0DTE Levels are key zones of significant options volume that can drive increased volatility as expiration nears, recalculated daily based on gamma expiration, trading volume, and market volatility.

Interested in learning how I manage key levels in the market? Join the community!

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Top 7 Verified Reasons to Bring Cash for International Travel

I traveled for 14 days in Europe visiting Poland, France, Portugal, and Spain. These are the top verified reasons to bring cash while traveling internationally:

  1. Restaurant Tips: We paid by card for most meals. However, in the countries we visited, the card terminal never (99%) gave us the option to leave a tip. The only way to tip is with cash.

  2. Attractions / Experiences: Castle and museum exhibitions with onsite ticket offices only took cash payments.

  3. Street Vendors / Café: There are plenty of delicious snacks offered by street vendors all around the world. The cost can be cheap, but the vendors usually only accept cash.

  4. Shopping: Many vintage shops in Portugal had a cash-only sign, while in Poland, the shop manager was willing to negotiate the price of some keepsakes when paying in cash.

  5. Public Restrooms: In many places in Europe, public restrooms charge a small fee, typically payable only in cash.

  6. Taxi Ride: Taxi and buses may only accept cash. Make sure you have enough cash for fares, especially where rideshare apps aren't available.

  7. Prepare for Emergencies: Card terminals can fail, and credit cards can get fraud-blocked. Having cash ensures you can handle emergencies and make essential purchases without stress or worry.

Buy currency online with CXI for the quickest and most convenient way to get currency for your international travels. CXI was trusted with more than 1 million exchanges last year. Order currency in 3 easy steps to have it delivered to your home.

Until next time,
Steve B
Founder, The Daily Impulse

Important Disclaimer:

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