Hello everyone,
First, let’s welcome Sabelo Mthembu and Mia Lily to the group.
This post will be a summary of John’s most recent webinar – on October 5th.
Titled: Betting the Ranch
John is up +70.18% YTD in 2022
He is up 9.72% in September.
An annualized return of 45.36% for 14 years.
80.09% trailing one-year return.
He has made 9.12% in 9 trading days.
I would argue that you could count on one hand people that can do this consistently over many years.
We are now 9 months into a 12–15-month bear market.
Q4 could be the best entry point for stocks in a decade. It will be the time to look at those LEAPS.
Concierge clients will soon have a dedicated website for all their LEAPS.
Inflation is plunging but it may not show up until the October 13 number.
VIX pops to $34.00
The major trading rally launched with the onset of Q4 may be discounting the end of interest rates in as early as two months.
U.S.$ is close to peaking with bond bottoming at a 4.00% yield.
Tesla's deal to buy Twitter is a disaster for Musk – there are a lot of non-believers that the deal will even take place.
The Fed raises rates by .75 basis points – the statement suggested rates will be higher for longer.
Consumer sentiment hits a record low according to the University of Michigan. It is worse than the pandemic low and the 2009 Great Recession.
The VIX hits $34.00 on Tuesday. Perfect time for John to put out trade alerts.
The bond short is gone. The rich uncle has given everything away.
The risks of NOT being invested are rising.
Stocks for your list:
PANW – great LEAP candidate
ROM – great entry point.
VISA – great entry point
BRKB – great LEAP
As are many others…
TLT has lost 43% in 21/2 years.
Real estate is in freefall. Case Shiller – falls 18.7% to 16.1% in June.
That’s all for now.
Do take care.
Cheers,
Jacque
