Thursday, April 10th, 2025

Don't “PANIC”!!! Instead, Use These Two (2) Trading Tactics

If you've checked your brokerage account lately and thought, "Well, there goes my vacation, my kitchen remodel, and maybe my will to live" you're not alone.

Now, before you do something “DRASTIC” (like sell your whole portfolio to buy GOLD BARS and CANNED BEANS, take a deep breath.

HIStory is on your side…

Stocks FALL, yes, BUT they also RECOVER…

“QUALITY” holdings tend to bounce back “STRONGER” than ever, assuming you don't bail at the bottom.

BUT, staying “CALM” doesn't mean staying “PASSIVE”…

There are “INTELLIGENT”, STRATEGIC” steps YOU, ME, WE the ATWWI FAMILY can take RIGHT NOW!!!

In this “WIZ” DAILY JOURNAL article, I will break down two (2) of them.

Because YOU, ME, WE the ATWWI FAMILY deserve better than to be “COLLATERAL DAMAGE” in an “EGO WAR” among billionaires engaging in international “POLITRICKS”!!!

The markets have been “PLUNGING” in wild trading, and this time we can thank the current U.S. administration’s notion of "ECONOMIC STRATEGY," i.e., placing STEEP TARIFFS on ANYTHING that moves and PRETENDING that “ISOLATIONISM” in a GLOBAL ECONOMY won't BACKFIRE.

Hard to believe that just six (6) weeks ago, the U.S. stock market was strutting around at ALL-TIME HIGHS like it owned the place. Now, we're on the cusp of a “BEAR” market.

Trump's grand "LIBERATION DAY" tariff proclamation on April 2nd, 2025 triggered the worst market “MELTDOWN” since the COVID-induced INFLATION “CRISIS”.

The Trump ”TARIFF CRASH” isn't abstract hedge fund stuff. This is your HARD EARNED SAVINGS being tossed around like confetti at a clown funeral.

When the CBOE VOLATILITY INDEX (VIX), the so-called "FEAR GUAGE”, is ABOVE 20 (twenty), it generally indicates the market expects HIGHER-THAN-NORMAL VOLATILITY OVER THE NEXT 30 DAYS. The VIX currently hovers ABOVE 56 (fifty six), a sign that investors are EXTREMELY “STRESSED”!!!

On Monday, April 7th, 2025, U.S. markets recorded their busiest trading day in at least 18 years, with approximately 29 billion shares changing hands. The Dow Jones Industrial Average experienced a “DRAMATIC” INTRADAY SWING of 2,595 points.

Stocks ended the trading day mostly in the RED, after a short-lived rally lost steam.

On Tuesday, April 8th, 2025, another rebound attempt fizzled and the three main U.S. stock market indices ended the trading session in NEGATIVE territory.

Rumors of TARIFF negotiations proved “UNFOUNDED” and Trump remained defiant, dooming Mr. Market to another “MANIC-DEPRESSIVE” session.

Unless Trump's TARIFFS are RESCINDED or SCALED BACK, the market will remain under DOWNWARD PRESSURE... Buckle up!!!

The roller coaster won't end anytime soon. Consider the following “SURVIVAL” to “THRIVING” tactics:

1.         OPTION UTILIZATION

Part of my overall trading/investment strategy is to “BUY” stocks at CHEAP prices during “FEAR”-BASE general market “SELLOFFS”.

OPTIONS can facilitate this strategy…

For BUYING” STOCKS CHEAP during panicky market “SELLOFFS”, consider SELLING “PUTS”.

For example, let's say you would love to BUY a STOCK if it FELL in price to $30. Rather than place a LIMIT ORDER to BUY 200 SHARES at $30, you could SELL two “PUT” OPTIONS with a STRIKE PRICE of $30 for, hypothetically, $2 per SHARE.

If the STOCK closes BELOW $30 at EXPIRATION, the “PUT” OPTION would be EXERCISED by the “PUT” BUYER and you would be required to BUY 200 SHARES of STOCK at the $30 STRIKE PRICE.

The benefit of buying your stock through OPTION EXERCISE rather than a LIMIT BUY ORDER is that you get “P.A.I.D.” an additional $2 per SHARE in INCOME, making your NET PURCHASE PRICE only $28.

The great thing about this OPTION SELLING strategy is that you can rest easy without worrying about OPTIONS EXPIRING “WORTHLESS”.

You are not “SPECULATING” on STOCK MOVEMENT within a “LIMITED” time period. Regardless of how the underlying STOCK PRICE moves, SELLING OPTIONS REDUCES THE COST AND DOWNSIDE “RISK” OF YOUR STOCK OWNERSHIP.

The only “RISK”, if you can call it that, is you will generate LESS PROFIT than straight STOCK ownership if the STOCK PRICE “SKYROCKETS” UPWARD.

BUT, missing out on a “SPECULATIVE” UPSIDE GAIN is much less “PAINFUL” than LOSING MONEY...especially under today's crazy conditions, with the Dow Jones Industrial Average posting “WILD” 1,000-point SWINGS.

2.         STOP LOSS/TRAILING STOP UTILIZATION

Here are important tools that keep LOSSES in check: STOP LOSS/TRIALING STOP orders.

One of the most widely used devices for LIMITING the level of LOSS from a dropping/falling STOCK is to place a STOP LOSS order with your broker.

Using this order, you will PRE-SET THE VALUE BASED ON THE MAXIMUM LOSS YOU ARE WILLING TO TOLERATE.

If the “LAST PRICE” falls BELOW the PRE-SET VALUE, the STOP LOSS “AUTOMATICALLY” becomes a “MARKET ORDER” and gets triggered.

As soon as the PRICE FALLS BELOW THE “STOP LEVEL” the position is CLOSED at the CURRENT “MARKET PRICE, which prevents any additional losses.

A TRAILING STOP order and a regular STOP LOSS order appear similar as they equally provide protection of your capital should a stock's price begin to move against you, but that is where their similarities end…

The TRAILING STOP order provides an “ADVANTAGE” over a conventional STOP LOSS because it's more FLEXIBLE.

It allows you to continue PROTECTING your CAPITAL if the price DROPS, but when the price INCREASES, the “TRAILING” feature becomes ACTIVE, enabling an eventual PROTECTION OF PROFIT while still REDUCING THE ”RISK” TO CAPITAL.

NOTE: OVER TIME, THE TRAILING STOP WILL “SELF -ADJUST”, SHIFTING FROM MINIMIZING LOSSES TO PROTECTING PROFITS AS THE PRICE REACHES NEW HIGHS. will self-adjust, shifting from minimizing losses to protecting profits as the price reaches new highs.

During the market's “DIZZYING” UPS and DOWNS, remember your GOALS.

REMEMBER: “PANIC” is neither a useful “EMOTION” nor an investment “STRATEGY”!!!

PEACE & BLESSINGS

Kenneth Reaves, Ph.D.

Monday, April 7^th, 2025

Per CNBC:

How much do stocks have to drop before trading is halted? The details on market 'circuit breakers'

When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail and avoid market crashes we've seen in the past on Wall Street.

Such moves usually take place during times of extreme market volatility, such as March 2020 — when the Covid-19 pandemic sent global markets tumbling. This time, surging global trade tensions sparked by surprisingly high universal tariffs implemented by President Donald Trump are putting massive pressure on equities, with the sell-off continuing on Monday7th, 2025, April .

Circuit breakers

During the regular hours of 9:30 a.m. ET to 4 p.m. ET, trading in equities may be paused market-wide if declines in the S&P 500 trigger a "circuit breaker." These occur when the benchmark index falls by a certain amount intraday, leading exchanges to briefly stop all trading. All major stock exchanges abide by these trading halts.

There are three circuit breaker levels:

• Level 1: The S&P 500 falls 7% intraday. If this occurs before 3:25 p.m. ET, trading is halted for 15 minutes. If it happens after that time, trading continues unless a level 3 breaker is tripped up.
• Level 2: The S&P 500 drops 13% intraday. If this occurs before 3:25 p.m. ET, trading stops for 15 minutes. If it happens after that time, trading continues unless a level 3 breaker is triggered.
• Level 3: The S&P 500 plunges 20% intraday. At this point, the exchange suspends trading for the remainder of the day.

The benchmark closed Friday's session at 5,074.08. Here are the thresholds the S&P 500 needs to reach during Monday's session the different circuit breakers to be triggered:

• Level 1: 4,718.89
• Level 2: 4,414.45
• Level 3: 4,059.26

'Limit down' futures

In non-U.S. trading hours — between 6 p.m. ET and 9:30 a.m. ET the following day — if S&P futures are down 7%, then trading is halted until traders willing to buy the contract at the "limit down" level emerge.

Russell 2000 futures, which track the small-cap benchmark, briefly reached that threshold overnight, falling 7% before bouncing.

Wall Street is coming off a horrid session. On Friday, the S&P 500 dropped nearly 6%, its worst day since March 16, 2020 — when it sank 11.98%. The Dow Jones Industrial Average plunged 5.5%, its biggest one-day decline since June 11, 2020. The Nasdaq Composite tumbled 5.8% on Friday and ended the day in a bear market, down more than 20% from its record high set in December.

The selling continued Monday, with the S&P 500 losing 4.5% and entering bear market territory, down more than 20% from a record high set in February.

Correction: The Dow Jones Industrial Average plunged 5.5%, its biggest one-day decline since June 11, 2020.

Wednesday, April 2^nd, 2025

Things that are expected to get more “EXPENSIVE” due to Trump's TARIFFS on Wednesday, April 2^nd, 2025

President Donald Trump has dubbed Wednesday, April 2^nd, 2025, as "Liberation Day" a time when he aims to announce a series of tariffs designed to liberate the United States from dependence on foreign goods

What's at “RISK” here are HOUSEHOLD FINANCES, the STATUS OF THE U.S. AS A LEADING GLOBAL FINANCIAL FORCE and, the very MAKEUP OF THE WORLDWIDE ECONOMY.

In his proclamation of 25% AUTO TARIFFS last week, Trump accused other nations of “EXPLOITING” America's TRADE DEFICITS.

"This is the beginning of Liberation Day in America," Trump declared. "We're going to charge countries for doing business in our country and taking our jobs, taking our wealth, taking a lot of things that they've been taking over the years. They've taken so much out of our country, friend and foe. And, frankly, friend has been oftentimes much worse than foe."

Economists argue that tariffs would ultimately result in consumers facing HIGHER prices for VEHICLES, GROCERIES, HOUSING and a range of other products, possibly leading to REDUCED CORPORATE PROFITS and SLOWER ECONOMIC GROWTH.

Yet, Trump is convinced that more businesses will start opening factories domestically to sidestep the tariffs, despite the fact that such an industrial pivot could take upwards of three (3) years.

What could get more EXPENSIVE under Trump's tariffs???

CARS

It's been claimed that estimated that TARIFFS on PARTS just from CANADA and MEXICO could lead to costs RISING by roughly $4,000-$10,000, depending on the VEHICLE.

FUEL

Sixty-one percent (61%) of OIL IMPORTED into the US between January and November 2024 came from CANADA.

CAR INSURANCE

A study found that INCREASE PRICES for CAR PARTS could lead to HIGHER AUTO INSURANCE PREMIUMS.

Some ALCOHOLS

MODELO and CORONA - from MEXICO- may get MORE EXPENSIVE under new TARIFFS.

MAPLE SYRUP

You may have to find something else to put on your pancakes. MAPLE SYRUP, from CANADA, is likely to get more EXPENSIVE, according to economists.

HOUSING

A popular LUMBER from CANADA makes up a third (1/3) of that used in the US. These TARIFFS may result in the cost of HOMES INCREASING or FEWER NEW HOMES being developed.

AVOCADOS

Ninety percent (90%) of the AVOCADOS consumed in the US come from MEXICO.

SHOES

A NATIONAL RETAIL FEDERATION report found that shoppers in the US could pay MORE for FOOTWEAR as a result of TARIFFS, because most SHOES bought in the US come from CHINA.

SMART PHONES

Many of the CHIPS found in SMARTPHONES come from TAIWAN, meaning prices could INCREASE by 37 percent (37%).

PEACE & BLESSINGS,

Kenneth Reaves, Ph.D.

Monday, March 10^th, 2025

The Boring “SECRET” to Financial Success That Everyone Ignores But Should Not

Let’s cut to the chase. The single most important financial move that traders/investors can make—the one that’s obvious, easy, and yet criminally neglected—is this: “PAY YOURSELF FIRST”!!!

Oh, I know. That’s not nearly as thrilling as “Buy this obscure tech stock before it 10Xs!!!” or “Here’s how to retire at 35 using only your spare change and sheer force of will!!!”

But if you actually care about GROWING “WEALTH” or just hearing about it… then please continue reading this “WIZ” DAILY JOURNAL article.

“PAYING YOURSELF FIRST” means…BEFORE you pay your mortgage/rent, your car note, student loans or, your bar tab, you siphon off a portion of your income and put it into investments.

PUT YOUR MONEY TO WORK AND MAKE IT GENERATE REVENUE/INCOME THAT WILL GET YOU “P.A.I.D.” FIRST!!!

NO EXCEPTIONS…

NO “I’ll catch up next month”…

NO “But I really need that third streaming subscription because, you know, documentaries.”

And yet, most people do the exact OPPOSITE.

They pay their bills, spend on whatever “NONSENSE” feels “URGENT” at the time (e.g., $7 lattes and yet another pair of athleisure pants), and then, if there’s anything left, they MIGHT toss a few dollars into savings.

Except there never is anything left because “LIFE”—especially the “CAPITALIST”, “CONSUMER-DRIVEN” version of it, is designed to extract every last penny from your grasp.

The beauty of “PAYING YOURSELF FIRST” is that it’s the easiest, laziest way to get rich over time. It requires precisely one (1) decision: AUTOMATE IT…

Here’s how to AUTOMATE the process utilizing three (3) “IDIOT” proof steps:

1. Set Up Automatic Transfers – Have a fixed percentage of your paycheck (ideally 15%-20%, but even 5% is better than the BIG FAT ZERO most people invest), automatically deposited into an investment account before you ever see it. If your employer offers direct deposit, allocate a portion of your paycheck so that a chunk goes straight into investments. If your employer does NOT provide this capability, set up an auto-transfer from your checking account the day your paycheck hits.
2. Pretend That Money Doesn’t Exist – Seriously. The money in your investment account(s) is NOT for buying groceries, concert tickets, or a “treat yourself” weekend in Vegas. It’s locked away for your “FUTURE SELF”, who will thank you profusely when you are sitting on a comfortable pile of “CASH” instead of subsisting on instant RAMEN NOODLES at age 65.
3. Invest Money “INTELLIGENTLY” – If you are just letting that money sit in a “SAVINGS” account earning 0.00001% interest, you are doing it wrong. Put it into a DIVERSIFIED PORTFOLIO—INDEX FUNDS, EXCHANGE TRADED FUNDS (ETFs), MASTER LIMITED PARTNERSHIPS (MLPs), REAL ESTATE INVESTMENT TRUSTS (REITs), BUSINESS DEVELOPMENT COMPANIES (BBCs), DIVIDEND PAYING STOCKS, BONDS, TREASURIES, PRECIOUS METALS or, whatever suits your “RISK” TOLERANCE level.

The problem with “PAYING YOURSELF FIRST” is that it’s too “SIMPLE”!!!

It’s not “FLASHY”…

There are no viral TikTok “INFLUENCERS” shouting about it in their “RENTED” Lamborghinis…

It doesn’t involve “MEME” stocks or some convoluted tax “LOOPHOLE” only known to billionaires.

It also requires DELAYED GRATIFICATION, which is “KRYPTONITE” to the average person.

We live in a world where people finance $1,500 smartphones over 36 months while struggling to put $100 into an Individual Retirement Account (IRA).

Most people crave “INSTANT REWARDS”—why bother INVESTING for a comfortable retirement when you could be enjoying bottomless mimosas at brunch???

But What About DEBT… Should You Pay That First???

Look, if you have high-interest debt (think: credit cards charging you 25% INTEREST like they are the MAFIA), then YES, attack that aggressively.

BUT, don’t use DEBT as an EXCUSE to avoid INVESTING altogether.

Even if you have DEBT, you should still be INVESTING something…

WHY???

Because if you don’t develop the habit now, you NEVER will.

When you finally do get out of DEBT, you will just find new ways to SPEND everything you earn/generate instead of actually building “WEALTH”.

The best part about PAYING YOURSELF FIRST, is that once you set it up, you will forget the money ever existed. You won’t miss it because you never got a chance to SPENDs it… AND one day, years from now, sooner rather than later, you will log into your investment account and see a six/seven figure balance staring back at you.

So go ahead—keep chasing “POORLY” researched stock tips from your barber, scrolling through get “RICH QUICK” schemes, and telling yourself you will start INVESTING “next year.”

OR…just automate your INVESTING today and begin to “THRIVE” while everyone else is still trying to figure out why they are always “BROKE” and struggle to merely “SURVIVE”, it’s your decision to make…

PEACE & BLESSINGS
Kenneth Reaves, Ph.D.

Wednesday, February 19^th, 2025

The ATWWI “BLACK SWAN” Survival Kit: Stay Ahead of the Curve

WELCOME to the “NEW ORDER”… “CHAOS!!! and with “CHAOS” comes the mother of all market threats: a “BLACK SWAN”…

A “BLACK SWAN” is not just a cool name for a sinister ballet performance. It’s a MARKET-CRUSHING, ECONOMY-WRECKING event that no one saw coming, except in “HINDSIGHT”, when every armchair analyst suddenly becomes “NOSTRADAMUS”.

Below, I provide five (5) specific ways that YOU, ME, WE the ATWWI FAMILY can protect our hard-earned “WEALTH” from the prospect of a “BLACK SWAN”.

When disaster strikes…

Think 2007… Think COVID-19. The real kick in the teeth???

By definition, a “BLACK SWAN” is UNPREDICTABLE. If you KNEW it was coming, it would NOT be one.

The following chart depicts select “BLACK SWANS” over the past HALF CENTURY. The numbers aren’t pretty:

Two (2) men, more than any others, embody the current age of uncertainty: DONALD TRUMP and ELON MUSK. They are, to borrow from MICHAEL LEWIS, “CHAOS AGENTS”.

LOVE them or HATE them, they are human “MOLOTOV COCKTAILS” thrown into the mix of whatever “ESTABLISHMENT” still exists.

MUSK is a walking “MARKET MOVER”. His whims can turn Tesla (TSLA) stock into a “ROCKET” or a “CRATER” and his Twitter/X feed alone has more economic impact than a FEDERAL RESERVE meeting.

His ventures into ARTIFICIAL INTELLIGENCE (AI), space, and SOCIAL MEDIA are “FASCINATING” but “ERRATIC”, which means markets could be in for some “WILD” swings whenever he has a new idea (or, let’s be real, a “MOOD” swing).

A certain class of “DELUSIONAL” investors believe that “TRUMPIAN” POLITRICKS will keep the “ANIMAL SPIRITS” running high and the “BULL” market stampeding forward. These are the same people who thought REAL ESTATE never “CRASHES” and that this time “MEME” stocks would DEFY GRAVITY...

SORRY, but markets do not run on “VIBES” alone.

I’m old enough to remember hearing celebrity “ANALYSTS” on CNBC aggressively proclaiming in 2007 that the U.S. SUBPRIME HOUSING MARKET was just “FINE” and in 2008 that BEAR STEARNS was on “FIRM” ground…

YEAH, SURE, RIGHT!!!

The problem today???

The sheer level of “UNCERTAINTY!!!

Between an increasingly “UNSTABLE” GLOBAL ORDER, ECONOMIC FRAGILITY, RISING DEBT LEVELS and, a potential FED policy “MISFIRE”, the cracks in the foundation are forming… AND when the music stops, the stampede will be OUT, not in.

Five (5) Ways to “BULLETPROOF” Your Portfolio from a “BLACK SWAN”

Now that we have established that American “POLITRICKS” is a financial minefield, how can YOU, ME, WE the ATWWI FAMILY protect ourselves from the EXPLOSION???

Here are five (5) ways to do so:

1. DIVERSIFY Like Your Life Depends on It

If your portfolio looks like a zealots “SHRINE” to BIG TECH, it’s time to branch out, before reality slams the brakes on your gains. Putting all your eggs in one (1) STOCK, SECTOR or even COUNTRY is like playing financial “RUSSIAN ROULETTE”.

True DIVERSIFICATION means spreading your investments across SECTORS, ASSET CLASSES and GEOGRAPHIES.

Include EQUITIES, BONDS, COMMODITIES, REAL ESTATE INVESTMENT TRUSTS (REITs), and even PRIVATE EQUITY.

It’s about BALANCE, so when one ASSET stumbles, another can carry the weight.

Case in point: EUROPEAN stocks have been quietly OUTPACING their U.S. counterparts so far this year (2025). While Wall Street is wrestling with RATE “UNCERTAINTY” and TECH VOLATILITY, EUROPEAN markets are benefiting from STRONG EARNINGS and ATTRACTIVE VALUATIONS.

The message???

Don’t let HOME COUNTRY “BIAS” limit your gains.

A well DIVERSIFIED portfolio doesn’t just “SURVIVE” DOWNTURNS; it THRIVES in the long run. Play it SMART, HEDGE YOUR “BETS” and let COMPOUNDING do the “HEAVY LIFTING”.

2. Keep Your POWDER “DRY; Hold Ample CASH RESERVES

CASH is the ammunition you need to “SEIZE” OPPORTUNITIES when markets are in TURMOIL.

When a “BLACK SWAN” event strikes, LIQUIDITY is “KING”. The investors who hold CASH RESERVES aren’t “PANICKING”; they’re “PATIENTLY waiting… READY TO BUY HIGH QUALITY ASSETS AT STEEP DISCOUNTS from those who are OVERLEVERAGED and DESPERATE TO SELL.

The last thing you want is to be on the wrong side of that equation—forced to unload your STOCKS, REAL ESTATE or, other INVESTMENTS at “FIRE SALE” prices just to stay afloat, all while sipping a Starbucks latte that suddenly feels like a luxury you can’t afford.

3. Embrace HEDGING Strategies

OPTIONS, GOLD and, INVERSE EXCHANGE TRADED FUNDS (ETFs) exist for a reason. INTELLIGENT investors don’t just ride the “WAVES”—they prepare for “TSUNAMIS”!!!

GOLD has long been the ultimate “SAFE-HAVEN” asset, offering investors protection against ECONOMIC UNCERTAINTY, INFLATION and, GEOPOLITICAL TURMOIL. As market VOLATILITY intensifies and central banks navigate an increasingly complex MACROECONOMIC landscape, the price of the “MIDAS METAL” has been on a relentless UPWARD trajectory in recent months.

With persistent INFLATIONARY PRESSURES, RISING GLOBAL DEBT LEVELS and ONGOING GEOPOLITICAL “STRIFE” fueling demand, GOLD’s rally appears far from over.

HIStorical trends suggest that in times of FINANCIAL STRESS, GOLD not only HOLDS its VALUE but often SURGES to new heights, making NOW a compelling moment for YOU, ME, WE the ATWWI FAMILY to consider increasing our exposure.

4. Beware the LEVERAGE “TRAP”

If you are OVERLEVERAGED when the market “IMPLODES”, CONGRATULATIONS—you have just enrolled in a crash course on financial “DEVASTATION”, and the tuition is BRUTAL. When MARGIN CALLS start rolling in, they don’t knock “POLITELY”…

THEY KICK THE DOOR DOWN AND DEMAND PAYMENT!!!

FORCED LIQUIDATIONS, SPIRALING LOSSES and, EVAPORATING PORTFOLIOS become the “GRIM” reality. The house ALWAYS “WINS” because the market doesn’t care about your “BULLISH” conviction or “WELL-REASONED” thesis. It only cares about COLD, HARD “RISK” MANAGEMENT.

If you are playing with borrowed money when the tide goes out, you won’t just lose your position…

YOU WILL BE “LUCKY” IF YOU STUMBLE AWAY WITH ANYTHING AT ALL!!!

5. Turn Off the “NOISE”

Financial media thrives on “HYSTERIA”. The key is to stay informed without letting every headline dictate your investment strategy. If you find yourself making trades based on social media trends, it’s time for a “DIGITAL DETOX”.

American politics (aka: POLITRICKS) has become an unhinged “FREAK” show with no script and an unpredictable ending. Social media, and even the mainstream news, are awash with DISINFORMATION (aka: LIES).

Investors who think the good times will roll indefinitely are setting themselves up for DISASTER.

The “SMART” money???

It’s QUIETLY preparing for the “UNEXPECTED”. Because in a world where “NORMS” are shattered, the biggest “RISK” isn’t being too “CAUTIOUS”; it’s assuming the “CHAOS” won’t reach YOUR portfolio.

Get “P.A.I.D.” regardless of the “CHAOS”!!!

PEACE & BLESSINGS

Kenneth Reaves, Ph.D.