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Payment juggernauts Visa ($V) and Mastercard ($MA) go head to head this week�. Both are compounding businesses with dividends and valuation rapidly growing in tandem. Vote for your favorite in the comments �
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▪Visa and Mastercard are growing businesses, with some lackluster dividends at face value. Their business model shines through its profitability. At 48% and 42% Profit margins Visa and MA profit 48cents and 42cents for every dollar in revenue. This is the dream.
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▪Both sport solid balance sheets, however, $V seems to be a touch more fortified. Both the companies are growing their dividend at roughly 19% CAGR which can grow into a healthy yield on cost over time.
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▪Visa has a more established robust business, but MA is nipping at the heels. Visa operates more in North America whereas Mastercard is more internationally. Which one of these two stocks makes it into your portfolio if you can only choose ONE

The Oakland A’s are leading the charge on bitcoin adoption in sports.

CONSISTENT INVESTING+COMPOUNDING PROFITS=WEALTH CREATION

I attribute most of my success to the above. You’ve heard me say “Always Be Investing” before – that’s what I do. I make sure to always budget out and add new money into the markets on a regular basis. It’s a monthly obligation for me, just like any other expense I have. I’m putting new money into new positions or adding to existing positions at least once a month (NO MATTER WHAT ANYONE THINKS THE MARKETS ARE ABOUT TO DO). You can tell me the markets are 100% going to crash in a week, and that won’t deter me from buying, as long as I like what the company is about long-term.

And then I put the cherry on top by compounding my profits. What exactly does that mean? I make sure to keep my profits invested in the markets. If you think it’s time to sell and take profits on a certain company, that’s perfectly ok! But there’s a difference between selling and taking profits to your bank account and selling to reinvest profits. By reinvesting my profits, I’m increasing my basis, which means I’m now much more invested in the markets. That’s how you start an avalanche affect of making money on money. Get it!

This is ultimately the quickest way to creating wealth and generational wealth!

Rush the process in the beginning and you will soon find yourself making mistakes & start to doubt your abilities!

Focus on building a solid foundation, 1 topic at a time until you feel 100% confident!

A good education is a foundation for a better future.

Stay patient

10 Critical Lessons From the Book "Atomic Habits"

1. Focus on the Process, Not the Product

Goals:

- Set direction
- Restricts happiness
- Momentary change

Systems:

- Long term change
- Keep you motivated
- Best for making progress

Winners and losers have the same goals.
It is the process that separates one from the other.


2. Small Changes Compound

Success is the result of daily habits.

Positive compounding:

- Master a new skill
- Automate old tasks
- Complete 1 extra task

Negative compounding:

- Stress
- Anxiety
- Thoughts

The quality of our life is determined by the quality of our habits.


3. Make 1% Improvements

Mastery requires patience.

How to make small improvements:

- Win tiny battles
- Make small shifts in direction
- Make a choice that is 1% better
- Break larger goals into smaller ones

Make small adjustments, and the results will be massive.


4. Change your Identity, Change your Habit

You believe what you tell yourself.

When you say:

- I am healthy
- I am a leader
- I am successful
- I am an investor
- I am a pre-millionaire

...You change your mindset.

When you change your mindset, you change your life.


5. Progress Requires Unlearning

To improve, constantly edit and upgrade your knowledge.

How to unlearn:

- Travel
- Be open
- Meet new people
- Stop procrastinating
- Get out of your comfort zone

Learn to unlearn.


6. Time Magnifies the Margin Between Success and Failure

Patience is a virtue.
Good habits take time to form.

How to create better habits:

- Make it easy
- Make it obvious
- Make it fulfilling
- Make it attractive

The most powerful outcomes are delayed.


7. Knowledge Compounds

Investing in your knowledge offers the highest return on investment.

How to compound your knowledge:

- Read quality books
- Take quality courses
- Find quality mentors
- Seek quality relationships

Knowledge builds like compound interest.


8. Focus on your Current Trajectory, not the Destination

Your trajectory determines your destination.

How to change your trajectory:

- Change your habits
- Change your mindset
- Change your purpose
- Change your influences

The journey is the destination.


9. Overnight Success Takes Years

It takes the average millionaire 28 years to hit $1 million.

Success takes:

- Effort
- Focus
- Failure
- Passion
- Discipline
- Consistency

Your habits today build your future tomorrow.


10. Design your Environment for Success

You are a product of your environment.

To be successful, create a world where:

- You thrive
- You eat healthier
- You push yourself
- You exercise more
- You minimize distractions

Control your world before it controls you.

Investing in STOCKS is like getting DATING
Investing in REAL ESTATE is like getting MARRIED
Investing in BUSINESS is like getting MARRIED with KIDS

Triple Witching

Triple witching occurs when stock options, stock index options, and futures contracts simultaneously expire on the same day. This occurs four times a year, on the third Friday of March (3/19), June (6/18), September (9/17), and December (12/17). Triple witching can cause increased trading volume and unusual price movement throughout the trading day (especially power hour/“triple witching hour”).

When these large bets (contracts) have been placed in the futures market, traders have to decide if they want to roll their futures contracts over (maintaining a position in a non-expiring contract) or close their position (which means buying or selling). Options contracts are fairly similar; option traders find out whether their options expire in or out of the money (again, buying or selling occurs dependent on the direction of the original trade). These actions in the market can cause increased volatility in which some day traders take advantage of or completely avoid. However, not all triple witching days have this volatility, some are calm and others are full of action. Proceed with caution this coming Friday.

The Market:
S&P and Dow futures about flat as of now with Nasdaq up ~0.4%. SPY breaking out above all-time highs, likely to test $400 soon which should act as first major resistance. Market also getting pretty over-extended here so likely due for a pulldown sometime later this week.


Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.

$VISL: breaking out of cup and handle, looking for a move up to $5 with potential breakout above. Heavy short float and associated with space sector so can run on ARKX hype.

$CHPT: love the entry here for long term position, looking for $25 to hold as support. If $25 breaks has short term downside back to $20 as the next area to add, mid/long term target $40+

$MAC: hasn’t recovered near as much as other recovery plays and has been consolidating for the past couple weeks. Target $20-25 range on longer term swing

$JKS: forming inverse head and shoulders, can breakout over $47 with potential move to $52 as a target

$CLSK: likely has more short term downside with BTC pulling back, but watching for breakout above falling wedge the next time it gets momentum. Can move quick to $35-40 when breakout happens.

$AUTL: starting to test breakout out of falling wedge and with heavy short float can move fast. Targeting $8-10

$BABA: watching key support level at $226 to hold, if so should have a pretty easy run back up to $250

$WWR: breaks out on a move above $7.50 for short-term upside towards $9-10. Getting increased volume and can move fast

$KERN: cannabis sector play that is lagging others in sector. Also has earnings coming up on 3/22 as potential catalyst that it can run-up towards. If trendline resistance breaks looking for breakout and move up to $7


Technical Charts for Swing Plays:


Day Trade Setups for Today:
*Reminder: Day-Trading is very risky and only for those who understand the risks and how to read technical analysis!
$AMC:
Long Above 14.52 Targets: 14.77, 14.99, 15.07, 15.49
Short Below 14 Targets: 13.80, 13.56, 13.46, 13.31
(Big seller at 15 on the INET Books)

$NIO:
Long Above 45.50 Targets: 45.75, 45.98
Short Below 43.80 Targets: 43.29, 43

$AAPL:
Long Above 125.50 Targets: 125.96, 126.38, 127.50, 128
Short Below 124.25 Targets: 124, 123.66, 123.33, 123.01, 122.80

$GME:
Long Above 220 Targets: 227.20, 234.26, 236.38
Short Below 198 Targets: 190, 189.76, 185, 180, 177.79

$PLTR:
Long Above 27.20 Targets: 27.40, 27.75, 27.97
Short Below 26.40 Targets: 26.25, 26.15, 25.70,

$TLRY:
Long Above 31.50 Targets: 31.75, 32, 32.23, 32.50, 32.89
Short Below 30.80 Targets: 30.50, 30.06, 29.66, 29.25

$AAL:
Long Above 25.20 Targets: 25.33, 25.49, 25.65, 26, 26.12
Short Below 24.50 Targets: 24.27, 24.22, 24

$CCIV:
Long Above 30.75 Targets: 31, 31.50, 32.50, 33
Short Below 29.50 Targets: 29.32, 29.18, 29.01, 28.85,
(Large seller at 33 on the ARCA books)

21 Critical Lessons from Steve Jobs

1. Think Boldly

"The people who are crazy enough to think they can change the world are the ones who do" - Steve Jobs.

Dare to think:

- Divergently
- Differently
- Critically
- Boldly

You don't have to think outside of the box.

There is no box.



2. It's Not About Money. It's About the Impact.

When you add value to the world, money follows.

Focus on improving:

- People's lives
- The universe
- The world

"Going to bed at night saying we've done something wonderful... that's what matters to me" - Steve Jobs.



3. Travel the World to Open Your World

Traveling opens your heart and mind to the world.

Why traveling benefits you:

- New people
- New cultures
- New windows
- New thoughts
- New experiences
- New opportunities

When we understand people, we understand the consumer mind.


4. The Devil is in the Details

Steve Jobs once took over 30 minutes debating which shade of gray should be used for the bathroom signs in Apple Stores.

Why details matter:

- Accuracy
- Consistency
- Thoroughness

One error could ruin your credibility.


5. Don't Live Someone Else's Life

Don't listen to the opinions of others, listen to your inner voice.

How to cut distractions:

- Follow your heart
- Follow your passion
- Follow your intuition

"Your time is limited, so don't waste it living someone else's life" - Steve Jobs


6. Simplify

"Simplicity is the ultimate sophistication" - Steve Jobs.

Why simplification works:

- Focus only on the "gems"
- Humans understand clarity
- Achieve most with the least

Simplification eliminates the unnecessary.


7. Stay hungry. Stay foolish.

Never stop learning, because the universe never stops teaching.

Steve Jobs was successful because he:

- Wanted more
- Tried new things
- Pushed his comfort zones
- Never settled for mediocrity

"Life goes on and you learn from it" - Steve Jobs.


8. The Worst Thing could be the Best Thing

See the light in the dark.

How to become a positive thinker:

- Practice gratitude
- Focus on the good things
- Find support from your network
- Spend time with positive people

When you change your perspective, you change your world.


9. Choose your Friends Wisely

You are the average of the 5 people you hang out with.

You'll see that you:

- Lead similar lives
- Have the same goals
- Think the same thoughts

People can either inspire you or drain you.

Choose them wisely.


10. Embrace Failure

Don't fear failure. Fear not trying.

Why failure is important:

- Failure redirects you
- Failure offers answers
- Failure helps you learn
- Failure makes you stronger
- Failure creates new opportunities

Failure is the foundation of success.


11. Obstacles are Opportunities

The greater the obstacle, the greater the opportunity.

Obstacles help you:

- Grow
- Learn
- Thrive
- Survive

Don't limit your challenges. Challenge your limits.


12. Your Time is Limited

Make big choices while you have time.

Focus on:

- Your family
- The big picture
- Leaving a legacy

"All expectations, pride, fear of embarrassment or failure... fall away in the face of death, leaving only what is truly important" - Steve Jobs.


13. College isn't Necessary

Degrees Don't Matter:

- 29% of billionaires didn't go to college
- 62% of millionaires went to state schools

Here's what matters:

- Grit
- Curiosity
- Discipline
- Determination

Experience is the greatest teacher.


14. Find your Purpose

Why the successful stay successful:

- They work to improve
- The unsuccessful work for the paycheck

Don't be a slave to money.

Work for your purpose:

- Work to grow
- Work to build
- Work to learn

Protect your purpose and your purpose will protect you.


15. Your Partner is the Biggest Decision of your Life

86% of millionaires are married and/or have a life partner.

Find a partner who is:

- Loyal
- Frugal
- Supportive
- Like-minded

Find a partner with a winning mindset.


16. Follow your Heart

Wherever you go with your heart, take your head with you.

Your passion gives you:

- Joy
- Value
- Character
- Resilience
- Sense of purpose
- Increased happiness

Chase your passion, not your pension.


17. Admit to Mistakes

You need to make mistakes to learn. Own up to them.

When you admit to mistakes:

- Others admire you
- Others respect you
- Others look up to you

Owning mistakes helps you grow and deepens the respect of your colleagues.


18. Your Actions and Inactions Define Who You Are

You are defined by:

- What you do
- What you don't do

You are NOT defined by:

- What you say
- What you think

Our actions speak louder than our words.


19. Question Everything

Steve Jobs did not accept the status quo.

He questioned:

- Life
- Rules
- Beliefs
- Standards
- Assumptions

The more you question why something is done a certain way, the more you inspire creativity and success.



20. Put a Dent in the Universe

Be comfortable being uncomfortable:

- Think boldly
- Ask questions
- Think critically
- Push your limits
- Live without bounds
- Change the status quo

"We're here to put a dent in the universe. Otherwise, why else even be here?" - Steve Jobs


21. It's Never too Late

Today can be the start of your new chapter.

Late bloomer successes:

- Age 61 - Charles Flint founded IBM
- Age 52 - Henri Nestle founded Nestle
- Age 47 - Henry Wells founded Wells Fargo
- Age 56 - Ferdinand Porsche founded Porsche

Don't stay stuck.

What we want: 1+1+1+1+1+1+1 = 7

What market delivers: 1+2+4-3-2+0+5 = 7

I remember the first day I started investing on the stock market...My God!!, I was paranoid for the first 3 months.

How to succeed in investing?

Spend less money then you make
Save the difference
Buy a diverse portfolio of great companies
Be patient.

AGM of Berkshire Hathway in 2016 ,stock price was~ $200000 ~1.5cr

2nd AGM 2017~ $250000
2018~ $290000
2019~ $325000
2020(virtual)~$250000

2021 nearing $400000

Price of stock has no correlation with returns

Retirement goal -to own 1 Berkshire Class A share

Reasons for failure in stock market

~ Sell in panic
~ Buy in euphoria
~ Cloning multi millionaire investors
~ Cloning mutual funds
~ Believing in inexperience
~ Chasing shortcuts / momentum
~ Leverage / Investing thru borrowed money
~ Not doing self review
~ Not cutting noise

Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%. Don’t bother finding the next multi-bagger if you aren’t going to develop the conviction to hold it.

Price-to-sales : 0.96

P.E ratio : 7.05

P-to-Cash Flow : 3.41

Analysis on Dangote Sugar Refinery @17.00 Naira per Share

If chaka app is this behind in trade updates how will orders be executed? The price difference is not moving on chake app ooo, they should do something about it, I don't think it was so yesterday, it was working well but today is behind

Can you chaka tell us the truth of what is going on? I placed an order, I watch the price fall to it and even below and chaka did not execute, it didnt even show me my order on the app I only got an email saying I have placed the order

This is to thank Wilson O, Nkechi N, Ife R & John J for signing up using my link on my profile. Thank you once again.

Outside of an Emergency Fund, money left sitting in a Savings Account is DYING MONEY

To be dependent is to be vulnerable. But... how does one become totally independent?

Before you try to level up, You need to embrace change and bury your old self. You need to be willing to change, willing to sacrifice that which hurts you, even if it means your comfort.

To do so, follow this process:

1.Accept yourself for who you are.
2. Write down everything good about you
3. Write down everything that is bad about you
4. Constantly read the good things about yourself
5. Nip in the bud all that is bad about you

That's it.

You are now the most evolved version of yourself for the moment. But you are not yet in total control. The next step is to CONTROL YOUR EMOTIONS. Be calm, confident and rational. Here's how:

Controlling your emotions may be the most difficult part of this whole process. It is difficult, but not impossible. There are 3 Main Sections (that I know of) on emotional intelligence.

Let's dive in

1/ AWARENESS
Most people never get here. Become aware of your weaknesses and strengths. Be honest with yourself. The next time your emotions try to control you, be aware of them and take control.


2/ REACTION
90% of situations are not under our control. But we do control our reactions. Most people react without awareness under the control of their emotions. You, instead, will take a moment to think logically, understanding by using the facts. Use logic, not emotions.

3/ REALIZATION
You can react correctly. You can be aware of your emotions. But without the right realization, nothing else matters. Become rational and act accordingly. In the end, it's your actions that matter.

The last step before becoming independent is to become self-sufficient. Don't depend on anyone but yourself. The opinions of others do not influence you.You are in total control of your emotions.

This is how you can become self-sufficient:

If there is anything I have learned in the markets, its that experience is everything.

You will not become a solid trader and investor overnight.

It takes time, persistence, and a willingness to fail.

Trade on, learn from losing trades, and be patient.

Nigeria
-Only real estate investment
This year am looking at BOND and
Stanbic IBTC ETF 30 Fund – Stanbic IBTC Asset Management Limited Exchange Traded Funds...

Coral Growth Fund – FSDH Asset Management Limited Mixed Funds ...
ARM Aggressive Growth Fund – Asset & Resources Management Company Limited Equity-Based Funds

In my dealings, covid19 makes me stay back to watch over grind first.

The Market:
Futures down about ~0.10% as of now, market movement depends fully on what comes out of the fed interest rate meeting today. Likely to be volatile and if there’s any big dip could be a great buying opportunity depending on what news is out.
- Support levels to watch on $SPY: 395.5, 393
Resistance levels to watch: highs at ~$397.8, $400
 
Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.

$TLRY: pulled back along with market today, if market continues uptrend after slight pullback weed sector can heat up quick again. Targeting $35 on breakout above $30, stop loss below $25. Same setup as ACB

$WWR: looking for it to find support potentially at either $5, $5.50. If it holds 5.50 inverse head and shoulders stays intact and can see initial breakout over $7

$TSLA: Forming inverse head and shoulders, pattern stays intact if it holds above $650 support level. Will depend on overall market movement, but can move quick on any positive news towards interest rates.

$PLUG: down big after-hours due to errors in accounting that need to be corrected from their last earnings. From the news that’s out it looks like they were off on their expenses numbers and not any revenue which would be the worst case-scenario. Solid chance for this to be an overreaction selloff, but also could see more short term downside due to fear of some calling them a fraud. First support level is at $38, if it drops below next levels are at $35 and then $30 for potential bounce.

$MAC: on a very steady trend with nice 5% pullback today. As long as the 300 SMA (blue line on chart) holds as support trend should continue. Can see a breakout over $15, also has 25%+ short float.

$ISUN: pullback after great earnings yesterday, watching $15 to hold as key support and expecting a move up to $18+ soon. Looking for a re-entry here as long as $15 holds

$BABA: sitting right at key support at $226, if it breaks below has downside towards $220 and then $210 if that breaks. Has sold off on the media ban, which only makes up 3% of BABA’s valuation. Overall this sell-off should be an overreaction but could see more downside on panic selling/fear. Looking to add pretty heavy as a long position when it finds support

 
Technical Charts for Swing Plays:

 
Day Trade Setups for Today:
*Reminder: Day-Trading is very risky and only for those who understand the risks and how to read technical analysis!
$PLUG:
Long Above 35 Targets: 35.50, 36, 36.50, 36.86, 37.50, 38, 39.42, 40, 40.50
Short Below 34 Targets: 33.50, 33, 32.50, 31.25, 30, 28.75, 27.50
$NIO:
Long Above 44.50 Targets: 44.75, 45.05, 45.17
Short Below 42.25 Targets: 42, 41.68, 41.16, 41, 40.50, 40.12

Throw back

Some people are frustrated that the alerts given 3 weeks ago, before the correction still have not yielded 10%. If you had to wait a year, you would still earn more than if you put your money in a bank with it's less than 1% return. So even if I have to wait a little, it still pays!

Hey there folks!
Today I want to talk to you about what’s really going on in the stock market and what we should expected next…

So, in the last couple of weeks, we have seen a very fast correction in the tech heavy Nasdaq Index after the bond yields rapidly spiked over 1.5% for the 10y, as a lot of investors kept getting spooked by the employment numbers coming in slightly better than expected, though many important things are still hidden in those numbers. For example, last week we saw the US gaining almost 400K jobs, but this barely moved the unemployment rate which still stands at 6.2% and this doesn’t even include people who just quit searching for jobs). Almost all of the job gains were seen in the leisure and hospitality sector, which has started to regain some momentum after it was the most affected by the events of last year, as this sector is still down more than 3.5M jobs since a year ago.

These past weeks we also saw jobless claims continuing to go down, with the latest initial jobless claims coming in at the lowest level since last early last year at just over 700K, as the continuing jobless claims also coming in at just over 4.1M. But guys, regardless of the jobs & unemployment numbers, the main thing that will keep investors on edge will continue to be treasury yields, the interest rates and how this are affected by the inflation numbers ( which are expected to see a huge bump in the next months as we will have very low comps compared to last year when we saw the rona starting to pick up steam. We can see here the core inflation came lower this month with an increase of just .1% which jolted the stock market and started a recovery after the sell-off in the past weeks.
Given that tech names & EVs were some of the biggest hit stocks we should also take a quick look at NIO, as the company lost almost half of its value in the past month, dropping from over $66 to just $35 after the big sell off in the past weeks.

NIO’s drop was also amplified probably by the fact that they posted mixed results for the 4th quarter of last year, as they just missed the top line but did manage to post a solid beat on the company’s bottom line, losing just $0.14/share. Investors might not have been happy to see a guidance of just 15% above their 4th quarter given the huge valuation and expectations of the company and the huge global chip shortage that will limit NIO’s production capacity to just 7.5K/month in the 2nd quarter of 2021.
I still have a mixed opinion about NIO’s stock, but after this huge sell-off, it has become more attractive given the continued growth of sales the company has seen in the last years, while I also believe NIO will remain one of the winners of the EV disruption.

The other stock that I wanted to mention after what has happened in the past weeks is Zoom. I really like Zoom’s products and I understand the hype of the stock, but I also really believe they will struggle to keep the huge growth rate going, as the company might have seen its peak growth after the massive work-from-home movement in 2020.

Zoom (also reported a beat on the top & bottom line and I expect them to continue to have another great first half to start 2021, but after that, the company will have very though comps to go against, which might really put some downward pressure on the stock, especially as more people go back to their workplaces. You can see, even the company doesn’t expect the huge growth to continue, with the revenue growth expected to only slightly continue to grow during 2021.

Zoom is valued at almost $100B which is really hard to justify unless the company continues to innovate and bring more & more products to the market, as the industry they operate in will only become more competitive over time with other big players like Google, Microsoft, Salesforce & many others looking to take market share.


If you are still in doubt about what to do next in the stock market, you should just take a look at the chart below and start thinking long term, because investing, if you are really looking to make money is all about the long-term. You can see in the past 100 years we've had 8 bear markets previous to the one we saw in 2020, with the average bear market lasting just 1.4years compared to over 9 years for every bull market with a staggering difference in gains vs losses as well. We can also see in this chart that it only took 15 days for the Nasdaq to enter a 10% correction this time, but you can see the average 12 month return after a 10% correction is almost 30% which is huge, with the likelihood of the index posting a positive return in the next 12 months standing at over 90%

So, given that we had a bear market last year, I believe it’s highly unlikely that we will see a huge drop in stocks even if yields continue to rise, as the real return of the treasury yields will continue to be close to 0, as I don’t expect them to jump more than 2% for the 10y anytime soon.
Moving on, I recently saw some comments made by David Tepper which I wasn’t really aware of but which made a lot of sense to me, he highlighted that the other downward pressure put on treasury yields, which will keep them in check, will come from investors in other countries like Japan, Germany & many others, as the US treasuries have become way more attractive than others.

One other thing that I think should be mentioned is that the Dow Jones has continued to make new high after new high in the past week, being led by companies like Disney which has just surpassed 100M subscribers on their Disney+ platform while also getting a boost from their other revenue streams starting to come back online, and of course the stock that has led the DOW in the past week, Boeing, as the company had more sales than cancellations for the first time since November 2019 as the 737 MAX crisis is finally starting to fade away for the company, with even more possible deals likely to close in the next period, as airlines start to have a better view of what the future will bring for them.

Friends, you shouldn’t be scared of stock market corrections or dips as we have seen a 10% pullback once every 11 months as you can see, with the frequency of bigger crashes decreasing significantly, but as always, because we are highly emotional beings, it’s very hard for us to handle our emotions after a series of red days. You should remember though, most often than not, the best way to go is just to ride out the dip and even starting deploying more cash into the stock market the more it drops. I think you should develop a strategy of not selling on big red days and deploying an increasingly higher % of your cash into great stocks the more the stock market drops.

I also fully expect some part of the next stimulus check, which was just signed by Biden, to end up in the stock market, which might help push the stock market on the right path despite increasing pressures from rising yields and possible short-term inflation fears. So just to end this post guys, is the stock market going to crash? My short answer is NO! I don’t expect that to happen any time soon. Even if we continue to see volatility in the stock market you should use that to your advantage and smartly deploy cash into great companies, which leads me to my other question, should you buy stocks today?

Well, at the moment of writing this post, futures are currently trending up pre-market (SP & Nasdaq in the Red, Dow +0.58%) and If they continue to do so it might be a good chance to deploy some cash, but don’t rush into the first red day you see, slowly build your positions or add to them. As a rule of thumb, I like to buy more once a 5% dip occurs in the stock market and slowly deploy cash the more it drops.

The Market:
S&P futures up about 0.35%, Nasdaq futures up over 0.5% as of now. Market hitting all-time highs after hours yesterday and looking to test $400 today and potentially break out above. Tech/growth stocks biggest beneficiaries off of fed announcement yesterday.

Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.

BLUE: originally sold off on failed drug trial, has been showing reversal strength and can fill gap up towards ~$40 on a break above $35

NEE: on watch for inverse head and shoulders breakout if it holds above $72.50. Breakout happens on a move above $76.50 for upside up to $80. Calls really cheap as well

WMT: getting ready to test 300 SMA at $131.5, looking for a bounce and to hold support there. When it breaks above $135 can see a quick move to $140. Cheap options

TAP: breaking out of cup and handle on yearly chart and also breaking key resistance at $48. Next key level to break above is $50 and then can start move up to yearly highs.

PTON: holding support at 200 MA, on a break above $110 can start move back up to $120-125 range. Would stay away on any close below the 200 MA.
- All cannabis sector plays looking great in current setups and one of my favorite plays in the market rn.


Technical Charts for Swing Plays:


Day Trade Setups for Today:
*Reminder: Day-Trading is very risky and only for those who understand the risks and how to read technical analysis!
$AMC:
Long Above 14.25 Targets: 14.50, 14.73
Short Below 13.37 Targets: 13.20, 13.15, 12.87, 12.75

$PLUG:
Long Above 39 Targets: 39.25, 39.50, 39.86, 40.39, 40.92
Short Below 37.50 Targets: 37.25, 36.16, 35.70, 32.69

$CCL:
Long Above 29.75 Targets: 30, 30.11, 30.25 30.50, 30.83
Short Below 29.24 Targets: 29.14, 29.03, 28.83

$BAC:
Long Above 38.75 Targets: 38.91, 39, 39.20, 39.50
Short Below 37.25 Targets: 37, 36.90

$WFC:
Long Above 40.52 Targets: 40.75, 41.06
Short Below 39.50 Targets: 39.25, 39.16

Remember you can’t always be right. Trading is a journey full with emotions and obstacles.

The 3 keys to Profitable Trading:
1. Proper Entry ( within the lower Bollinger Bands )
2. Proper Sizing ( only 2% of your portfolio )
3. Proper Exit price ( Take 10% profit )

Profits on paper or excel sheet is education

Booking real losses is lessons accepted

Reducing losses gradually is lessons learnt

Booking real Profits is experience

Celebrating Profits regularly is wisdom

Empowering others through your experience is leadership