Study: Millennial Men Have Weaker Handshakes Than Their Dads

Via Fatherly

You want your kid to grow up to have strong hands for a lot of reasons beyond catching Nerf balls like Odell Beckham, Jr. Research shows grip strength is a predictor of mortalitygeneral health, and your carpet not being the victim of sippy cup spills. Sadly, a new study published in the Journal of Hand Therapy (how is this a scholarly publication and not a punchline?) suggests Junior’s hands may never catch up to yours. And grandpa? Your paws can’t touch his.

Men Today Weaker Than Dads

Flickr / KAZ Vorpal

Researchers measured at the grip strength and pinch strength of 237 students ages 20 to 34 and compared it to data from the same age bracket in 1985. They found that the average man today was only able to apply 98 pounds of force when gripping an object in their right hand, compared to 117 pounds in 1985. These results echo past studies that show kids are not as fit as they were 30 years ago. It could also be due to the reduction of manual labor jobs over time. Another possible variable is that the sample was not necessarily representative of men as a whole, and full-time college students these days are just soft. (Though they should have plenty of time to practice “grip strength.”)

The good news for dudes with daughters is that grip strength among women in the study increased over time. While they were only able to apply about 79 pounds of force in 1985, today they match men at 98 pounds. That means girls have closed about a 31 pound gender grip gap … and yours might be ready for the Thumb Wrestling Federation before you think.

[H/T] The Washington Post

SOME CURRENT COMMENTS ON MAKING MONEY IN THE STOCK MARKET

For the first time in a long time (since 12/2010 for gold: March 2011 for the general stock market) we have a simultaneous “Buy It ALL” situation on our hands. (Actually I call it “The Big Hedge”)

Remember, usually, the general stock market and the precious metals move in opposite directions. The DOW goes up and XAU goes down and vice versa.

Precious metals and the general stock market march to different drummers most of the time and while it is very true that should the general stock market take a nose dive, it will also drag down precious metals stocks, miners and metal alike – although that set of circumstances doesn’t last long. If the general markets continue to show weakness, very shortly, general market positions will start to be liquidated and funds moved into “safe haven” areas such as gold, silver, miners, foreign currency, etc..

 XAUWeeklyChart.jpg?t=1330045086

As you can see from the VTI chart (VIPER – represents the entire general market), the general market gave a sale back in August of 2010 and had a good run through March of 2011 where it entered a corrective phase, eventually falling back to a low of 60 in September/October of 2011. Since October, 2011, it has been on a tear and one never “fights the tape” or argues with Mr. Market when he’s on a rip!  Just quietly take a long position and add to it as things keep going up.

 

XAU (precious metals index proxy) has been doing just fine from October, 2008 to December, 2010 when it entered a correction. Note that this correction was not a big downer for the index but a correction that has worked it way out by moving sideways with ever lower highs and ever lower lows.  This is a perfectly valid technical correction and tends to show great underlying strength with very few sellers.

You will please note that XAU has now  penetrated the UP trend running back to 10/08 and promptly climbed right back to its’ current position above the trend line in quite a bullish show of strength.

 

XAU gave a short term BUY in late December and has generated a steeper uptrend in addition to piercing the long term uptrend going back to 2008. It has just given a further “strength” signal in both of the last two days.

So we are in a most interesting situation where both the VTI and the XAU (plus all of the other precious metals, miners, most commodities) are also on a BUY.

So what does one do in this rather odd situation?

You hedge, that’s what.. “Hedge” in this case means buy the broad PM ETFs or mutuals (GDX, PHYS, PRPFX and so on) while at the same time taking a position in those stocks considered general market (VTI, QQQ, some stronger specialized ETFs like XLE, XLK).

Just for your information, the list below is part of my current open positions. I run charts daily on each one and several positions are based on other market forces than just “hedge” possibilities.

VTI
QQQ
FCX
GDX
PRPFX
PHYS
PSLV
TBF
UDN
USO

TBF is a short against long term US Treasuries and will be expanded when 20 year Treasuries climb above 3.22%

UDN is a VERY SPECULATIVE bet against the dollar. This one has made me a pile of money trading in and out between UDN and UUP but is subject to instant sale if the default of Greece/et al causes a run out of the Euro.  A run out of the Euro can’t help but be mostly in the direction of the Dollar and when that happens, the dollar will strengthen significantly until things calm down and buyers realize the Dollar is in worse shape than the Euro.  Then it will be rush to the door from more and more currencies until there’s no other door except those labeled “Gold” and “Silver” or other assets such as farmland (which – if you didn’t know, has risen 30% in Nebraska over the past year!)

USO is self explanatory and with what’s going on in the ME, everyone should have a position in Oil.. It has nowhere to go but up and benefits from every rumor, car bomb, and hijacked tanker.

We don’t get many chances to be long PMs and long hedges in the general market that are also in full BUY modes but when we get the chance, it would be dumb to ignore the chance.

Just remember, these are (with the exceptions of my core PM positions) short term positions and subject to dumping on any signs of extended weakness of the general market.

There are a LOT of market bears out there right now who expect a general market crash and are preaching even more gloom and doom than usual. Please remember that bull action “climbs a wall of worry” with everyone preaching a fall and yet the markets just keep moving up. When everyone turns bullish, then take some of your profits and watch out!