4/21 Game Plan- Full analysis and laying out how to trade this week. (All Levels)
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Hey Bulls, friends, family, strangers and neighbors. Sherpa here, with the Monday game plan for week 4/22/2024. THE BIG WATCH OF THE WEEK IS Going TO BE THE NASSY. I think it’s 80% likely the Nasdaq will be down. Good think my clients are out of the biggest techs stocks that have been stinking up the market.
Lets start with a poll?
I want to stress to you how Important it is to be a great Investor, stock market investor even, YOU MUST HAVE A STRONG understanding of Interest Rates, over time. I am CERTAIN THIS IS HOW I BECAME MY BEST.
PROTIP- Every Single (not weekends) day for the last 15 or so years, I would sit at my desk and open up an excel sheet with rates along the curve.
Ex
1 yr cd = …. 1 year Tresury note….. 5 year Treasury,… ten year…
And most important the 10 year TIP (which is known as tips, an inflation adjusted discounted for today’s rates projection. And draw a graph underneath.
This is an example I found on the web…
This is what a good investing period for stocks looks like! Healthy yield curve will look like a 1/1 slope to the positive.
Our Current Yield curve has been looking like this, ( Hence, Why the stock market is still rolling, BUT is on the brink of a severe pullback.) Think… why would I buy a bond for 10 year return, when I can get more out of a 2 year bond.
The News
So… There’s no talk of money, stocks, interest rates, returns… on the front page of the top too news outlets? This is when you need to spike up those hairs on your spine, and a big harbinger that I love to point out.
Market off all time high,
Fed now saying a lowering is not likely (ive been screaming that from the mounting tops all year. The entire future of the market is based on how gracefully Jerome Powell can speak out of both sides of his mouth.
Markets
I have a million more graphs but look. Look at what has happened sector performance-wise 3 months ago to six months ago. HERE IS YOUR SIGN… ECHEMMM ECHEMMM.
Besides me, I would bet that no portfolio managers are readjusting because 1.) they cant prove it as mutual funds report holdings only 60 days after they were made. 2.) Because they cant steer the titanic and stray from their legal doctrine.
The EVERBULISH all stock portfolio is up 27% and beating the market by 16 Percentage points. You also got to ‘ me teach you how it was built and how it is managed. Guys,.. In a world where a fund manager would kill his brother in-law for a 1-2 percent out performance, this is incredible, impossible. Yet I Keep smashing them, and any other investment. Go buy any or all of the EVERBULLISH Portfolios.
Last week I called for all Clients to sell AMZN 0.00%↑ , $NVDA (down 10 percent on Friday) and $META. BULLS- Please witness the greatness. I saved 20 percent in one day in the biggest 3 stocks in history. NVDA down 10 percent in on a random Friday… NOT GOOD. VERY VERY NOT GOOD.
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