Hook Points

Last Time the Market Was This Expensive, Investors Waited 14 Years to Break Even

In 1999, the S&P 500 peaked. Then it took 14 years to gradually recover by 2013.

Today? Goldman Sachs sounds crazy forecasting 3% returns for 2024 to 2034.

But we’re currently seeing the highest price for the S&P 500 compared to earnings since the dot-com boom.

So, maybe that’s why they’re not alone; Vanguard projects about 5%.

In fact, now just about everything seems priced near all time highs. Equities, gold, crypto, etc.

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It’s post war and contemporary art.

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My subscribers can skip the waitlist.

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_{*Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.}

A NOTE FROM RYAN!

From time to time, you will notice ads in the newsletter. As the subscribership to Hook Points has grown considerably, the costs to produce it and host it have now become significant. We have no plans to stop producing the letter as so many of you have told us that you find it useful! I’m happy about that!! In order to help offset the costs, we are working with a company that will help us find advertisers that pay well for ad placement. We get paid per click! You do not need to sign up for anything! Please help us offset the costs of Hook Points by clicking on the links. Please do not feel obligated to do so but the help would be welcomed!!

Fishing Reports

CJ Strike: Great reports this past week from CJ for crappie, perch and trout. Bass fishing has been decent - but not predictable. Trolling has been especially effective for trout fishing. Great reports from guys using Kokabow dodgers and bugs. Flicker Shads and Shad Raps are ALWAYS good options and you never know what you are going to catch with them!! Reports are that the trout are in the top 15’ of the water column, crappie and perch are in 25-35’. I fished here on Saturday and can confirm that those depths are accurate. We did not target any crappie but caught several perch in 30’ and a few trout that we livescoped in that top part of the water column. We caught perch on blade baits, Northland Tackle Minnows and Z Man baits - most using Cipher Tungsten heads - that hook is the deal! We just don’t miss fish with them. For the bass, we were able to get a few good ones to eat 4” Z Man Scented Jerk Shadz, Damiki Vault blade baits and Rapala Crush City Mooch Minnows. The bass we found were in 25-35’ - sluggish and WHITE!! But we did talk a few over 3 pounds into eating!

Boise River: Slower reports this week…when the water starts to get as cold as it is, these fish mellow out a bit. They also move deeper for most of the day and look for areas that they don’t have to work so hard - so not a ton of current. Warmer parts of the day, especially on sunny days, you might find a few fish hunting a bit more in shallower areas close to their winter haunts. Fish deeper, slower and be patient. You might throw 2-3 different baits in the same spot before a fish decides to eat. I’d also recommend downsizing and do what you gotta do to keep baits near the bottom. Don’t discount the simple soft bead under a float or a small crappie jig. Northland Tackle makes some excellent small baits perfect for this time of the year on the Boise.

Brownlee: Current water level is 2064, 5’ down from last week. That’s a pretty decent change in fish land…and reports reflected the change as it sounds like the bite got a little tough last week. For bass, look for fish in 35’ and I’m staying with minnow baits on Cipher Heads (Jerk Shadz, Keitechs, Z Too’s, Mooch Minnows…) and Damiki Vault Blade baits with some gold in them. Lots of questions last week about how to fish blades…keep an eye on our Instagram and Facebook this week as Cody Murray shot a video for us on that exact topic. Don’t discount the drop shot - fish it slower and drag it back to the boat without much action. My reports for crappie are from the bass guys seeing schools. There are fish as shallow as 20-25’ and as deep as 50-60’! I have to believe, if you were to target the shallower schools, you could get into these fish with 2.8 Keitechs, 3” Easy Shiners and Northland Tackle Minnows.

Snake River: Sounds like fishing has slowed down for most on the river - but still fish to be caught. Find deeper areas with little current and lets drag a tube and a Keitech and I might spend some time working a weighted jerkbait as well. Put a lead suspendot in front of and behind the front hooks and see what happens! You’ll be fishing around floating grass at some point and that jerkbait is going to foul up - just work with it and keep going!

Wilson Springs: No Report.

Lake Lowell: No Report.

Cascade Reservoir: We’re on ice and its COLD! Sounds like the North end is the best area for snowmobiling. Sounds like roughly 4” everywhere else. Jeff with Freedom Outdoors reporting that fishing is excellent for both shallow and deep fish. He is recommending Slab Raps, maggots and wax worms. Stop by the shops up north to get yourself prepared appropriately! Baits, worms, rod/reels and snacks! Go have some fun!

Horsethief Reservoir: We are on ice. Haven’t heard much about the quality of the fishing however. If anyone has been, love to hear from ya!!

Owyhee Reservoir: No report.

Owyhee River: No report.

Duck valley: CAN BUY PERMITS ONLINE!!!

No Report.

Lucky Peak Reservoir: From Alan with Kokabow Fishing Tackle - Applies to Lucky Peak, Arrowrock and Anderson…

“All 3 are fishing really well right now. We limited on Kokes on Arrowrock Wednesday. A friend of mine limited on Kokes at Lucky Peak and another friend picked up 25 on Saturday at Anderson. All the fish were caught near the surface. The water level at Arrowrock is scheduled to drop starting this week. Water level in Lucky Peak will increase. This usually plays tricks with the fish!! Get em while you can!!” In other words, go now!!

Arrowrock Reservoir: See LP Report

Anderson Ranch Reservoir: See LP Report

Local Ponds: No Reports from any ponds this week.

Kokanee Anglers…Save the Date!!, Tariff Pricing, Idaho Sportsman Show, Link Rod Update - If you want a Med Spinning…Hurry 🙃 

• Our annual SPRING KOKANEE KICKOFF WILL BE HELD ON FEBRUARY 21st!! More details will follow soon!

• IF YOU WANT TO SAVE A FEW BUCKS…take advantage right now. We are seeing significant price increases with most vendors - especially in the rod and reel department. We purchased quite a bit of product BEFORE the price increases hit and have not marked this product up to the new MSRP’s. If you are thinking about new rods and reels for spring, might want to grab them now. We have started ordering and receiving product at the new pricing so these lower prices won’t be around for long.

• WE WILL BE AT THE IDAHO SPORTSMAN SHOW AGAIN THIS YEAR! As always, we have jig tying for the kids, crazy deals and some LIMITED EDITION “STUFF”…you will see 😉 

• COUPLE LINK ROD UPDATES! If you want our top seller - the Medium Spinning Rod, we only have a few left! More are on order but this is not a fast process! We are expecting to see the Heavy Casting Rods this week! Pre-Order pricing is available until they arrive. Order online www.idahorodandreel.com 

• BEGINNING BASS FISHING CLASS COMING SOON!!

• Check out the new 2026 IRR Beanies! A best seller every winter at $12.99 - see the images below!

• Great Bass Tracker boat in the Marina!

• One of the things that makes us a little different is our commitment to manufacturing high quality products that improve the quality of fishing for our community. Link rods, Tungsten Finesse Jigs, Clothing, the new Forge Rods and more…WAIT TIL YOU SEE WHAT WE HAVE COMING IN 2026!! The shop theme for 2026 will be all about PB’s!! Gonna be fun… 

• ^{Is there something you’d like to see in the shop? Email me at [email protected]…one random suggestion just might end up winning you a prize.}

Worth Watching

Great video on some local fishing!!

Technically Speaking...

Filleting Perch! Get that knife ready…

Local and National Fishing News…and other “Stuff”

Good to know

Steelhead/Salmon UPDATE!

Have not seen anything from Fish and Game for a while on this…

Local Fish Stocking Reports

Steelhead Dam Counts

Sucker for a good Chatterbait tip…

Very cool fly fishing video!

I’m intrigued…

Great video on perch fishing Cascade

If one is good, two is better!! Another ice fishing on Cascade

Jerkbait fishing tips

Spiral Casting!

The desired color changes throughout the day??

New in the Shop

New Dodgers from Kokabow!

P-Line Hydrofloat for Bobber Fishing Steelhead!!

The MARINA - Boats available at J and H Sales and Marine

Fish and Ski!! Ranger Reata…

Great way to get out on the water and not break the bank!

CHECK OUT THIS BASS BOAT!! Under $10K!!! VERY CLEAN CARPET! 200HP Merc

Check out this LOWE!

STEELHEADERS!! Check Out This River Boat!!

Love this Bass Cat!

What a Jet!!! Has everything on it!

Catch Spotlight

Submit your own entry to be featured in Hook Points to: [email protected], Subject: Catch Spotlight

Tanner and Colton had to work for it on Henry’s but they made it pay off!

Ryan Sparks from our fish to CJ Strike this weekend! If Sparks is around…your chances of catching giants goes WAAAYYYYY down!! Dude always finds the big ones!

Dan and his buddy found a couple good ones at Brownlee!

Mr. Bill Fittje with a Florida bass…you look cold Bill…at least your top half does anyway 😆 

Great catch Woody!!

Every now and then even I catch one! Throw a little metal at em…