$SNDL PT 24 and higher Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.
Financials
Crude Oil at Critical LevelWTI Crude Oil is currently at a critical support level. The red line signifies the broadening formation that Crude is moving in. If we see a proper bounce here, the volatility in the markets as a whole will cool off too, because oil heavily influences the industrial and financials sectors.
Palantir (PLTR): In-depth Fundamental and Technical AnalysisPalantir is a mysterious company that helps governments and corporations integrate their data, decisions, and operations into one platform. They use big data and machine learning technology to offer solutions in both the public and private sector. While it has never been confirmed by the firm itself, it is said that Palantir played a significant role in catching Osama Bin Laden.
In this post, I'll be going over Palantir's fundamentals, financials, and technicals, in order to assess whether this company is a good buy.
This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Background
- Palantir’s founder is none other than Peter Thiel.
- During his Paypal days, the company faced a crisis due to a scam led by the Russian mob.
- Because of this, Paypal started nurturing groups of experts who could track and predict scam transactions.
- They developed a software that analyzes data patterns, which allowed them to identify and prevent these schemes.
- Peter Thiel thought that this software could potentially be used for many other things.
Products: Gotham and Foundry
- The CIA, they had collected a tremendous amount of data since 911, but weren't really sure of how they could utilize it to catch terrorists.
- So the CIA became Palantir’s first client, and Palantir received an investment from In-Q-Tel, which is the venture arm of the CIA.
- With the CIA’s support, they develop a software called Gotham, which allows Palantir to analyze huge data sets in real time, and visually demonstrate the result of the analysis through connective relations and patterns.
- Gotham became recognized as the best analysis tool that the government has seen, and later became used by the CDC, NSA, FBI, the Pentagon, and the Marine Corps.
- This software is used to track suspicious activities, the flow of potentially illegal funds, track missing children, or the spreading course of a disease.
- With this experience and technology, they work with JP Morgan to develop a new software called Foundry.
- Foundry is a solution for private firms that analyzes data to prevent financial fraud or illegal transactions.
Financials Analysis
- If we look at the quarterly income statement, the gross profit has dropped significantly in Q3 2020 from the 70% range to 50% range.
- This is due to the compensation provided to the company’s employees through company shares.
- Then we can also see that R&D expenses have increased significantly in the same quarter as well, and this is also due to the stock based compensation they’re giving out.
- Regardless of this outlier, Palantir is a company that invests a lot on research and development. They are spending 30% of their revenue on R&D every quarter.
- And as you can also see, Palantir is still technically not a profitable company, as their operating income is in the red.
- Let’s take a quick look at their Q4 2020 results. Last quarter, they did $322m in revenue, which is a 40% increase compared to the same quarter last year.
- In 2020 total, they did a little over a billion in revenue, which is a 47% increase compared to the revenue in 2019.
- Looking at the average revenue from Palantir’s top 20 customers, the revenue increased 34% compared to last year, marking $33.2m.
- The average revenue per customer also increased by 41%, marking $7.9m per customer on average.
- This could be interpreted as a sign that Palantir’s clients are happy with the service they get.
- In 2020, the revenue they generate from governments increased a whopping 77%, marking $610m.
- In 2019, the commercial revenue covered 53% of the entire revenue, but in 2020, the government revenue outweighed the commercial revenue in terms of proportion, as it covered a little over 60% of the entire revenue.
- The commercial revenue, on the other hand, wasn’t as impressive as the government revenue, as it only increased 22% compared to last year.
- Using the PSG ratio, I calculated the 2023 estimate for Palantir's stock price to be anywhere between $36.31 to $48.38.
Technical Analysis
- We can count Elliott Waves on Palantir's 4 Hour logarithmic chart
- We can see that the corrective abc waves have completed its formation, and that this entire chart is part of a bigger impulse wave.
- What's important to note is that the price has retraced over 61.8% from all time high levels.
- The price has managed to stay above the 0.618 fibonacci retracement support level.
- The Relative Strength Index (RSI) is trading near oversold regions
- The Moving Average Convergence Divergence (MACD) has formed a golden cross, and has started to form bullish histograms
Conclusion
Palantir is a company that is in an increasingly growing industry, but is reliant on government contracts for the time being. While this means that they are a monopoly in some way, they have also set their strategy to target commercial clients in the coming years as well. Their cutting edge technology has been approved both by government and commercial clients, and justify the growth potential of the company. Using simple assumptions to apply the PSG ratio in calculating the fair value of the company, we can estimate the stock to reach between $36.31 and $48.38. Given that the stock is currently at $24.19, this is a 41-100% upside. Technical analysis also aligns with the bull case of the valuation, indicating that the stock has recently been oversold, and that an entry around $23 would be reasonable.
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Dear No-Coiners, IT IS NOW OR NEVER.Yes, this one is a financial advice
Here's the advice:
- Invest only what you can afford to lose
- Understand that the potential loss is -100% (Let says there's a super-deep black swan event and ETH goes to zero)
- Buy #ETH
- Understand that the potential gain is +400% (Let says Ethereum market cap reaches $1T)
- Sell 50% of current ETH at $4k (Breakeven)
- Sell another 50% of current ETH at $8k
- Sell/HODL the rest
Here's an example:
- Cacby afford to lose $1500
- Cacby understand that ETH might goes to $0
- Cacby buys 1 ETH at $1500
- Cacby understand that ETH might goes to $10k
- Cacby sells 0.5 ETH at $4k in order to BreakEven
- Cacby sells 0.25 ETH at $8k in order to make a profit
(At this point, Cacby already made $2500 or 167% of net profit)
- Cacby sells/HODL 0.25 ETH
XLF... Financial sector holding up market, not techOddly enough, for the month on February, Financials have been holding up the equity market, as Technology is rotating out in a retracement.
This may also mean that any perturbation on the Financial sector, could crumble the indexes.
Watch this space...
TOPPING PATTERNS: SPX and the SPY/GDX ratioThese ratios are KEY to understanding the valuation of the marketplace, SPY/GDX being just one of many.
Either equities are going to fall, or mining stocks are about to explode. The latter is in my view, exceptionally unlikely, as we see bearish price action in gold across many of the major G20 currencies.
IF there is anything that a gold investor should recognize, it's deflationary environments.
SO then, what comes next? An important question:
Why is it that other asset classes are moving in the reflation trade, but the asset amongst the most sensitive to this environment, is lagging behind the leading commodities?
The answer: LIQUIDATION RISK
The argument that there are other assets that provide interest or dividends that make them more attractive, or provide some sense of opportunity cost, is a straw man argument. Many of the mining stocks provide dividends at a greater return than that of treasury yields, albeit not as high as those in oil or financials. The concern is that the mining sector has crumbled beyond these opportunity costs in terms of their relative valuations with respect to their competing assets.
US Oil and Energy prices , which as of now have been artificially bid up with temporary demand from the Texas grid shutdowns, are among the few things keeping the reflation trade intact. Bond yields and financials are directly correlated to this broadened move in oil. Once the temporary demand retracts from the marketplace, I expect to see a massive deflationary environment come into the market. IF oil reverses, expect to see bond yields and financials to reverse and bleed into other asset classes across the market.
Additionally, with the GBP seeing artificial appreciation from the news related to the easiness of BoE's negative interest, the DXY has weakened slightly. This will not last once UST/USB yields breakdown.
The market now faces a SEVERAL KEY hurdles in the near term:
Maintaining oil prices
Maintaining yields
Maintaining equity prices
Maintaining a slightly weak or sideways Dollar
These are the stages where money get's trapped and the demanded liquidity becomes unobtainable. Best of luck.
LINK ShortInterlink Electronics is an OTC stock that saw a large run up in share price on relatively low volume. The problem with OTC stocks is companies can sell shares back into the market creating somewhat of a "pump and dump" effect often times when these large run ups occur. The stock sold very quickly on 2/11/21 and during the price drop most of the volume took place around 15.18 which could be a good reference point later on. However, my expectation is that unless there is a partnership in the works or an innovation of product I do not expect any move back into those areas. The near term resistance for this stock to first break would be 13.88 and I wouldn't expect a close above this area only perhaps some potential intraday moves. My bias on this stock is that it returns to value or near where value was in January which would be closer to 9.14. Strictly from a technical standpoint, the stock looks like dead money and I expect most of next week to consists of short sellers closing out and potential for more share selling from Interlink into the market to perhaps regain equity. On the more fundamental side of things, this company has seen a decrease in EPS which is a good indicator of the stocks value relative to profitability. Their book value per share has also been relatively flat which concerning as it shows that the company hasn't been growing or coming to par with market competitors On a lighter note they recently brought on Maria Fregosi who specializes in financials, helping establish HMPT which has become a well preforming and established margate lender. For now this is the only bullish point I can make for the stock and I don't expect it cause any real floor establishment at these prices for the underperforming company.
ECPG a good play on the financials sector. Great risk/reward.With growth and inflation rising, leading to a steeper yield curve, financials should continue to perform. One name that sold off meaningfully last week was ECPG. The debt collector should continue to do well in the immediate term given the macro tailwinds to the sector. I'd be a small buyer here, playing for a return to the recent range.
AIRBNB (ABNB) - The Future of Travel AccomodationsThis is the future of the travel accommodation industry with very little competition, I am very Bullish on this stock.
Its a company I have used many times and also have been a host. I believe this stock can deliver very fruitfully once the pandemic really starts to fade away
Also remember that Airbnb now offers tourism experiences, when travel kicks off again this will be a massive space for tourism.
I however expect some volatility over the first few months of trading from this stock, it could go as low as half the current price, however if you wait until clearer signs of the world recovering from the coronavirus to add this to your portfolio then you just might be too late.
S&P 500 Weekly Daily Chart Analysis For Jan 25, 2020Technical Analysis and Outlook
The Index completed Outer Index Rally $3,870 and marching-on to Outer Index Dip $3,65 0, and Key Sup $3,647 . The current ''Buy Zone'' at/between Mean Sup $3,688 and Key Sup $3,647 stands as a unique chance for buying once the prices drop to these zones. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 25, 2020" at the usual site.
How to Choose the Right Stocks to Invest inIn this analysis, I'll be talking about the two approaches you can take in choosing the right stocks to invest in: the top down, and bottom up analysis methods.
I have seen posts explaining the top down and bottom up analyses by time frames, but that's not correct.
Time frames don't have anything to do with this approach.
If you wish to check out my other educational post on how to properly use the fibonacci retracement tool (as many people get confused with this as well), click on the post below.
Bottom Up Analysis Explained
- The bottom up method is the method that the majority uses to analyze stocks.
- The investor first chooses a stock that he wants to potentially invest in.
- Then, he analyzes the financials of the company, and compares it with that of other companies in the same industry
- Afterwards, he assesses the industry itself, and decides whether the industry as a whole is prominent and healthy
- Lastly, he takes a look at the entire macroeconomic situation, and assess if this is the best time to get in the stock that he has his eyes on.
Top Down Analysis Explained
- With the top down method, everything is done in the same way, but in reverse.
- The investor first asks himself what the macroeconomic situation is like, and which country he should invest in.
- He even takes a look at factors like demographics change (which is actually much more important than most people think it is)
- Afterwards, the investor takes a look at which sector he should invest in.
- Once he chooses a sector, he goes through all the individual companies he could potentially have his money on
- He goes through a list of the companies in that sector, and compares each and every one of them.
- Once he chooses the most prominent company in the sector, he takes a look at the company's financials, and decides whether to invest or not.
Conclusion
Broadly speaking, there are two methods of approach in choosing the right stocks to invest in. Since most retail investors hardly conduct top-down analysis, it might be a good idea to test out different approaches in choosing winning stocks.
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Potential short set up for JPMThis is a potential set up and not yet actionable unless you want to take an aggressive starting position. JPM has finally up to pre COVID price level. The run up recently has been too fast too sharp in my opinion. RSI is extreme over bought reading. Any marginal high will extend the PPO divergent high. Be careful trading this since the earning is coming up on this Friday before the bell. I can see rejection here or making a marginal new high and fade. That would be a bull trap and down move may be pretty swift. Down side target for me is the yellow trend line from COVID March low or the top of the gap at $112.55.
EUR/USD Weekly Daily Chart Analysis For January 11, 2021Technical Analysis and Outlook
The Euro retracement price action is in a corrective mode and well placed following completion of the Inner Currency Rally $1.2349 , and marginally Outer Currency Rally $1.2370 . Formation of Mean Res $1.2210 and Key Res $1.1173 are confirmed by Trade Selector System proprietary 'TARC' symbol - Trade accordingly/appropriate to your risk strategy. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 11, 2021" at the usual site.
PER, PBR, ROE, EPS Explained for Beginner InvestorsLegendary stock investor Peter Lynch once said that there’s a reason why the majority of people make money in real estate, but not in the stock market.
People spend months on finding the right property, whereas in choosing the right stock to invest in, they only spend a few minutes.
In this post, I'll be explaining the concepts of:
1) Price Earnings Ratio (PER)
2) Price-to-book Ratio (PBR)
3) Return on Equity (ROE)
4) Earnings per Share (EPS)
by explaining the formula, what they tell us, and the best way to understand these concepts through an example.
Return on Equity (ROE)
So let’s start with the Return on Equity, or ROE.
This measures the profitability of a company in relation to stockholder’s equity.
The ROE is calculated by dividing the net income by the shareholder’s equity.
Price Earnings Ratio (PER)
Next, we have the price earnings ratio, or the PER.
This is a good tool to determine whether a company is overvalued.
The PER is calculated by dividing the current share price by earnings per share.
For instance, if a company’s share price is at $100, and their earnings per share is $10, this gives them a PER of 10.
Price-to-book Ratio (PBR)
Then, we take a look at the price to book-value ratio, or the PBR.
This measures the market’s valuation of a company relative to its book value, and is calculated by dividing the market price per share by the book value per share.
Earnings per Share (EPS)
Lastly, the EPS, or earnings per share.
This is simply the company’s profit divided by the outstanding number of shares outstanding, and works as a good indicator of how profitable a company is.
Example
- Let’s take a look at an example to help your understanding.
- You currently have $100,000, and you decide to open a restaurant.
- You are required to pay $100,000 in deposits, and $3,000 in monthly rent.
- You started this restaurant in the form of a limited liability company.
- You started the company with $100,000.
- Given that you issue shares that are worth $10, you issue 10,000 shares in total.
- A year later, you check how well your business has done.
- You find out that the restaurant did $300,000 in revenue, and after subtracting all costs, you’re left with $30,000.
- With this, you can calculate the return on equity by dividing 30,000 by 100,000, which gives you an ROE of 30%.
- Through the ROE, you look at how much return your own money was able to generate in profits.
- From the perspective of an investor, the higher the ROE, the better.
- You can also calculate the EPS, or earnings per share.
- In this case, the restaurant generates $30,000 in profits.
- So if we divide that by the number of shares, which is 10,000, we get an EPS of $3.
- Now let’s assume that you ran the business for 3 years, and you now want to sell your business to someone else, so you can move on to do other things.
- How much do you want to sell the restaurant for? After 3 years, you now have loyal customers, and it consistently generates $30,000 in profits every year.
- So, you decide to sell the restaurant for $200,000 in total, with a $100,000 premium on top of the deposit.
- If someone buys the restaurant for that price, it means that you and the other party agrees that the business is worth $200,000.
- Now if this restaurant is sold for $200,000, that means the $10 shares you hold are sold for $20.
- When we invest in stocks, this is how we make money.
- With all the information above, we can calculate the PER and PBR.
- If a restaurant that generates $30,000 in net profits gets sold for $200,000, the PER is 6.7.
- And then, we also have the PBR.
- You started the business with $100,000 of your own money, and sold it for $200,000, which gives you a PBR of 2
- For the PER and PBR, the lower the better.
- A low PER means that you are buying a company that generates a lot of net profit for a cheap price.
- Same for the PBR. The lower it is, the more undervalued it is.
Conclusion
The PER, PBR, ROE, and EPS can be great tools to help us identify whether a stock is a good buy or not. Understanding these concepts are imperative for beginner investors.
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My Personal Plan For 2021I’m Markus Heitkoetter and I’ve been an active trader for over 20 years.
I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails.
They start trading and realize it doesn’t work this way.
The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades.
My Goals For 2021
In this article, I want to talk about my goals for 2021, and how exactly how I’m planning to achieve the goals, so I thought it would be fun to write them down and share them with you.
Now, as you know, goals need to be specific, measurable, attainable, relevant, and time-bound.
Now, I will show you my financial goals both for trading, because after all, this is what I love to do, but also for wealth building.
After that, I will share with you the goals for my company, Rockwell Trading as well as my personal goals, and also my goals for this channel.
FINANCIAL GOALS
Trading For Income
For my financial goals, let’s kick things off and start with trading.
The plan here is to trade for income, and my target goal is to make $15,000 per month. This is meant to cover my living expenses.
Now, here’s the deal. This is a rough estimate of how much I have in living expenses. So this means that I am looking to make $180,000 per year.
For this trading plan, I opened a new account. I put in $250,000 into this new account, and it is a margin account.
Since having a margin account doubles your buying power, this turns that $250,000 into $500,000 of buying power that I will use for trading to achieve this goal.
To figure out how much buying power I needed, I needed to figure out my living expenses.
So as far as I know, my living expenses are around $9,000 per month.
You might be wondering,
“If your living expenses are only $9,000 a month, why would I try to make $15,000 per month?”
Well, very easy, there is this thing called taxes and I want to account for it. This cost is estimated.
Quick side note. By now you may be wondering why I seem to be unsure of exactly how much my living expenses are. I will cover this later in this article.
So, again, the goal here is to trade for income. My next goal is for wealth building.
Wealth-Building Goals
One of the avenues I like to use for building wealth and one I’ve very knowledgeable about is real estate.
So the plan here is that this year, I plan to buy a 10 million dollar apartment complex.
Now, I’ve already been investing in apartment complexes for the past few years, but the rough idea of the financials is:
- 7 million dollars will be used through financing. So I will find a bank that is basically financing 30% of this.
- I’m actually planning to raise 2 million dollars through investors.
- The last one million dollars will be my own money that I’m putting into this deal.
This is very typical for how investing in commercial real estate is done.
Now, here is the plan. The goal is to sell this for 15 million dollars in three to five years.
So we’re selling it for 15 million.
Then, of course, we have to give back 7 million dollars to the bank, right? Because we’re borrowing 7 million dollars.
2 million go back to the investors because everybody needs their money back right?
Then 1 million dollars will need to go back to me because I also want to make my money back.
Now, this is only ten million dollars. That leaves five million dollars in profits that can be divided among the investors and me.
So essentially, I’m planning on making two million dollars based on the one million dollars that I invested, which would be a very healthy return.
Throughout this whole process, I’ll show you exactly how this process unfolds as it happens, and what apartments I’m looking at with video updates on my YouTube channel as they happen.
My other plan for this wealth-building goal is possibly buying a resort in Mexico, and here’s why.
Those of you who already follow me know with my company, Rockwell Trading, we do have a Mastermind program, and we have Mastermind meetings at least three times a year.
Now, recently due to covid, we weren’t able to have these in-person meetings, but if buying a resort in Mexico is feasible, then not only could we host our Mastermind meetings here in the future, I can also rent these rooms out for Airbnb.
Now while I have experience with real estate, I’ve never been in the hotel business, so this might be a really stupid idea, but maybe it is a good idea.
Right now this is just a goal, and will look into the details deeper to figure out if this will be feasible.
Cryptocurrency
So we talked about trading for income and wealth-building with real estate.
My next financial goal has to do with something that I definitely have on my radar is that this year, and that is cryptocurrencies.
Some of you know that in the past, I’ve been very, very public about being completely against cryptocurrencies, but I can’t deny that Bitcoin had a fantastic run this year.
Bitcoin is now trading above $30,000. So guess what? Seems I was wrong.
Moving forward I will definitely be looking into Bitcoin and other cryptocurrencies more closely, and fortunately, I have access to some fantastic resources of experts on cryptocurrency that I will interview for myself.
I will also share these findings with you on my YouTube channel, and future blog posts throughout the year.
My Goals For Rockwell Trading
At my company, Rockwell Trading, we offer The PowerX Optimizer Software, and I am determined to make this the very best software in the world.
For this, I am planning to release PowerX Optimizer 2.0 in the first quarter of this year, and I’m also developing an awesome trading log that will be integrated with PowerX Optimizer.
So why do you need a trading log? Well, with this trading log it will be easy for you to analyze your trades.
We all need to analyze our trades, and so this is definitely something that I will tackle this year.
One other feature that I want to look into is possibly being able to execute trades through PowerX Optimizer by integration with actual brokerages.
As it stands right now, you use The PowerX Optimizer to find stock, and then you have to enter the trades into a broker platform separately.
I want to see if I can make this process easier, because, I have the same challenges.
I see it on PowerX Optimizer, and now I have to enter it into the broker platform, so not only making trading easier for myself, but for everyone who uses The PowerX Optimizer.
I’m constantly thinking of ways to improve The PowerX Optimizer, because not only do I believe in it, but I believe in Rockwell Trading as a whole.
I believe this company, Rockwell Trading, can be an Inc 500 company.
I am super passionate about trading, creating the best trading tools, and showing you the very best trading strategies that you can use to grow your account.
It’s because of this drive I have to provide awesome value for you, that makes me believe we can make their list of the fastest-growing companies.
Now I’d like to move on and share my personal goals for 2021 with you.
PERSONAL GOALS
Writing More Books
The first of my personal goals for this year is, I want to publish two more books.
So the first book, as some of you are already aware, will be on The Wheel strategy, which is a trading strategy for trading options.
Right now I’m in the process of giving the book one final proof-read before sending it to the printers, and I only have a few more chapters to go, but I will be rolling this one out shortly in the coming weeks.
The second book I’m thinking about writing will cover wealth-building strategies, which will cover what I’ve been doing over the past years to become a multimillionaire.
When I came to the United States in 2002 18 years ago, I had $30,000, and today I am a multimillionaire, so I know a thing or two about how to build wealth.
I think this would be another great book to share with you, that you can get a lot of value from.
Buying A Plane
Here is an absolute crazy personal goal that I have for this year, and you might actually say that this is a stupid idea, but for years I have been dreaming & fantasizing about owning a private plane.
I’ve decided that 2021 might be the year where I make this a reality.
Now again, this could be an absolutely stupid idea.
Don’t get me wrong, I’m pretty smart about how I spend my money, and I’m not planning to buy a 10 million dollar jet because here’s the deal.
A private plane is an expense, not an investment, right? However, everybody is allowed to spend money however they want, and this might be one of the things that I decide to splurge on.
For other people, it might be exotic vacations, for me, the idea here is a private plane.
So it’s smaller like an executive plane, and this is the kind of plane that I’m looking into.
I’m definitely not planning to fly it myself, so no worries there. I’m planning to have a pilot fly it for me because I have no idea how to do this.
I will look deeper into this and see if buying a plane actually makes sense or not?
These are some of my personal goals. Now, in terms of habits, there are also a few habits that I want to start doing this year.
HABITS
Keeping Track Of My Finances
First of all, I want to track everything. What do I mean by this?
Well, when I say track everything, I want to get better at tracking my wealth, which would be my net worth.
Now I have a rough idea of what my net worth is, but I should be probably getting much better about this so that I know at any given time how many millions I have.
You see, the challenge is once you have money, it’s not that important anymore, but I want to do this and I also want to get a little bit better about tracking my expenses.
Remember earlier, when I was talking about how I wasn’t sure exactly what my monthly expenses were?
This is where being better at keeping track of finances, as a whole comes into play.
I said that I’m planning to trade for income on my YouTube channel and that I think I need $15,000 a month, but I actually don’t know exactly how much I need.
So I need to get better about keeping track of my finances.
Health & Fitness
I also want to get better at tracking my weight and calories. I’m 51, so I’m getting older, so it’s important to take care of this.
I want to track everything from my water intake, calorie intake, and what kinds of food I’m eating.
I also want to keep track of my workouts, and as of now, my workouts are very, very easy to track because it is actually zero, so I want to be better at getting exercise as well.
My YouTube Channel
Now how does all of this affect you? I mean, why would you even care about all this?
Well, this is the beautiful thing about my channel. If you’re interested in what I’m doing with these goals, I’m planning to post videos there throughout 2021.
Five times per week, I will post a daily stock market update.
I used to talk about what was going on in the markets during the “Coffee with Markus” live streams.
These are now separate, daily videos, 5 days a week, and this will be in four minutes or less.
Two to three times per week, I will continue the “Coffee with Markus” live streams, but without the market updates, as they will now be in the other videos.
I am planning actually keeping you updated on the wealth-building strategies I was talking about, with video updates.
I will post videos updating everyone on the progress of my goals, and, of course, I also will continue to post videos covering the very specific strategies that I will use for trading.
When it comes to trading, I will continue to show you exactly the two strategies that I’m currently using, which is The Wheel strategy, and the PowerX strategy.
If I decide to trade any other strategies this year, I will post videos about that as well.
I will share videos with my real estate adventures, which as of right now, is where I’m planning to invest in a 10 million dollar apartment, possibly buying a resort in Mexico.
I’ll be sharing everything with you, the good, the bad, and the ugly.
I also want to cover topics I haven’t covered before, for example, credit cards.
I have a bunch of credit cards and I’m using them wisely, so for instance, topics about credit cards like, “The Apple Card, is it worth it?” I have 3 American Express cards so I’ll cover whether or not they’re worth it.
I also can tell you that right now I have 650,000 airline miles, so I will show you exactly what I’m doing to get all of these points because, with 650,000 airline miles, you can go around the world several times.
Another topic of interest is that interest rates are low right now.
So we will talk about, for example, LOC these lines of credit, or does it make sense to refinance your home?
I have been looking into refinancing my home and I will let you know what I found of whether it makes sense or not, and other strategies to employ when interest rates are low, and then when interest rates are high.
For example, when interest rates are high, I will cover high yield savings accounts as well as CDs.
YouTube also has these so-called “shorts” and these are videos below one minute or less.
These will be videos that I do as a quick reference guide. So for example, what is the bid/ask spread? What is Theta in options?
Recap
So let’s just briefly recap, I wanted to share my goals with you for 2021 and they are:
- Will publicly trade here for income with a new $500,000 margin account, with the goal of making $180,000 a year.
- For wealth building. I’m planning to buy a 10 million dollar apartment complex, and am looking into buying a resort in Mexico for the Mastermind meetings for Airbnb?
- I will look into cryptocurrencies and see which cryptocurrency. Does it make sense to invest in Bitcoin? Are there any other cryptocurrencies worth investing in? Is it better to maybe invest in gold or silver?
- I will look into publishing two books.
- Improving the PowerX Optimizer Strategy.
- I’m looking into if a private plane is a stupid idea or not.
- Keeping better track of my health and finances.
- Becoming an Inc. Fastest Growing Company.
- Providing more content on my Youtube channel.
So long story short, this will be an exciting year. I am super excited for 2021.
This is the first time ever that I’m doing anything like this, and I will really be pulling back the curtain throughout to show you everything that I personally do.
I hope that you find this not only interesting but that these are also strategies that you can employ in your life right away, but this really depends on what stage of life you’re at.
You might be at a stage where you are still trading for growth, trying to build an income, and I will show you very specific trading strategies for doing this.
It might be that you have a retirement account and you’re looking back right now.
You’re getting your initial statement and you say,
“You know what? This hasn’t been doing anything over the past year and I want to have better wealth-building strategies.”
If so, there will be videos on my channel as well.
Sometimes you might be wondering,
“Does it make sense for me to open an American Express account or to have an American Express credit card?”
Or something relating to this.
And I will share all of this with you. Hope that you’re enjoying this. And this is what you can expect from me in 2021.
S&P 500 Weekly Daily Chart Analysis For Dec 28, 2020Technical Analysis and Outlook
The Index bounced off the Mean Sup $3,688 and marching-on to Current Inner Index Rally $3,820 , followed by next Outer Index Rally $3,870 . The current ''Buy Zone'' Mean Sup $3,688 and $3,625 stands as a unique chance for buying once the prices drop to these zones. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For December 28, 2020" at the usual site.
$MA - 5-count Breakout with Pending CatalystHas recently broken out of a wedge with internal 5-count started in early November on news of stimulus passing.
A larger stimulus payment would be very bullish for $MA - likely enough to take it to & through ATH of ~$367.
Below are my targets & extended targets.
Entry: Either re-test of Wedge ($342) or Break above $348.21.
TG1: $355
TG2: $363
Extended TG3: $370
Extended TG4: $380
Invalidated: <$330
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