By: Ross Silver, CEO

I am not sure how many of you reading this has ever done a rain dance. Rain dances are viewed by many as hocus pocus, nonetheless, there are some like myself who will attempt to summon water from the sky every so often. It was about 100 degrees here in the high desert recently and my children and I were forced indoors due to the dry and unsavory heat. I told my children I would perform a rain dance and if the right ears were listening, rain would fall. They laughed at me and said there is no way I could make it rain. About 30 mins later, Mother Nature decided to cool things off with a swiftly moving thunderstorm that dropped the temperature about 30 degrees. My children looked at me in amazement when the rain

started to fall. Dad was king for a moment and the only reason Dad was king is because Dad checked the weather forecast. As the old saying goes, “The success of a rain dance depends a lot on timing.”

Why do I mention this? If you are going to make “impossible”, possible, it is probably best to ensure the “impossible” has a strong chance of happening based on some cold hard facts or data. Many investors come into stocks thinking the rain aka profits will come for sure. Those investors are the same people who look to the skies and ask for rain thinking someone is listening and will grant them their request. The success of investing depends a lot on timing and facts.

From this keyboard, large cap equities look overvalued but then again when money is available to large cap equities for dirt cheap, it is hard to beat that. At some point the reality of what COVID-19 did and is doing to the economy will be reflected in equites, the million dollar question is when?

On a personal note, it is downright laughable that bars are open, restaurants are open, hotels are open but yet schools are closed. The parents of children can go to a bar, drink with no mask on for hours, board an airplane, stay in a hotel and then ultimately return home to their children and this is somehow deemed safe? As Yoda says, “do or do not, there is no try.”

Some stocks to consider: FRSX, POAI, CEI, TZA, ARPO & PPCB.

Have a great month!