⚡ Will You Watch or React?

Hello, my friends!

With the much-anticipated FOMC meeting now behind us, markets stayed eerily calm - but today's chapter is rewriting the story with fresh incoming twists.

Chair Powell held firm on the current stance, offering no hints of imminent rate cuts.

The real action this week came from earnings season. Tesla & Meta delivered strong results that fueled some bullish momentum and reminded us how individual company performance can often drive more meaningful price moves than broad macro events.

I hope many of you wisely chose to step back and simply observe rather than chase the headlines this week - because, as I’ve learned through my own experience of closing the book early to avoid those major traps - as you can see on my X below.

🧠 Psychology gets mentioned, but usually only in passing. Yet we know from behavioral research (Kahneman's work) that emotions and impulses lie at the root of most trading setbacks - often accounting for the majority of why good strategies fail in practice.

🛑 That's why I keep coming back to impulse control as my foundation. It's not just a nice-to-have; it's often the difference between consistent progress and repeated frustration.

🌱 As we head into the rest of the week, let's keep our market prep grounded and align everything with your personal risk parameters.

Later this afternoon could be eventful if you're tuned in after hours or holding longer-term positions in certain names.

We have Apple and Visa earnings reports scheduled post-market, both with relevance to consumer spending and debt trends.

Plus, there's word of a presidential announcement - for those watching from the sidelines or positioned without short-term stress, it might just be a chance to sit back and observe how the market digests it all.

Imagine this. You open your phone to an alert. It says, “you spent $236,000,000 more this month than you did last month.”

If you were the top bidder at Sotheby’s fall auctions, it could be reality.

Sounds crazy, right? But when the ultra-wealthy spend staggering amounts on blue-chip art, it’s not just for decoration.

The scarcity of these treasured artworks has helped drive their prices, in exceptional cases, to thin-air heights, without moving in lockstep with other asset classes.

The contemporary and post war segments have even outpaced the S&P 500 overall since 1995.*

Now, over 70,000 people have invested $1.2 billion+ across 500 iconic artworks featuring Banksy, Basquiat, Picasso, and more.

How? You don’t need Medici money to invest in multimillion dollar artworks with Masterworks.

Thousands of members have gotten annualized net returns like 14.6%, 17.6%, and 17.8% from 26 sales to date.

Explore offerings

_{*Based on Masterworks data. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd}

What’s your trading story? Reply is open.

Talk soon,
Steve B
Founder, The Daily Impulse

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This newsletter is for educational purposes only and does not offer financial or investment advice. It should not be taken as a recommendation to trade assets or make any financial decisions. I am not a registered investment advisor, broker, or licensed financial professional. Please be cautious and ensure you conduct thorough research or consult with a financial professional before making any investment choices. Trading and investing involve significant risks, including the potential for substantial financial loss.

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