I know, I know, it's Saturday night, you don't want to think about the markets or trading until tomorrow night at least, and most people wait until Monday morning to really get their head back into it. But that's a mistake!
YOU MUST PREPARE AHEAD OF TIME TO TRULY CAPITALIZE AND DOMINATE YOUR FAR LAZIER COMPETITION!
Remember, EVERYONE wants to be a millionaire, but very few are willing to put in the hard work, time and effort day in day out to actually make it happen
...HOW BAD DO YOU WANT IT?!?! HOW HARD WILL YOU PUSH YOURSELF TO SUCCEED?!?!
WHO'S MY NEXT MILLIONAIRE STUDENT?!?!?!
Skeptics are attempting to discredit my views by making the case that I am conflicted or otherwise vulnerable to tariffs, a market crash or a correction, or that I have somehow positioned our portfolio to benefit from my recommended 90-day pause on the implementation of reciprocal tariffs.
So for the record:
1. Neither I nor Pershing Square have any margin leverage or any other instrument or arrangement which will create liquidity issues for me or the funds we manage if the market crashes. None. We donโt use margin. Never have. Never will.
2. We have substantial cash on hand ready to be deployed from the recent sale of a large investment.
3. We have only one investment, Nike 3-year call options, that is directly affected by the tariffs, a position that represents 1.5% of our portfolio.
4. Unlike other asset managers, our capital base is more than 90% permanent so we are not exposed to redemptions from investors.
5. We own some of the greatest businesses in the world, which have durable growth models and extremely dominant franchises.
6. Our companies are well-capitalized, and to the extent they have debt, they have long-term, laddered maturities.
All of the above said, we donโt short stocks and we have no hedges in place that would protect us from a self-inflicted market crash as we are long only.
We will suffer mark-to-market losses if the market crashes, but we will not be sellers in a declining market.
We will be buyers of great businesses at highly discounted prices which will benefit us and our investors over the long term.
And our companies will likely be buying back their own shares which will increase their per-share, intrinsic values over the long term.
Over the long term, we are exposed to the health of our country and its economy. This is my only investment โconflictโ if you want to call it that.
I am one of the most fortunate people in the world for many reasons. With good fortune, I have an enormous responsibility to help our country and our citizens, and we have made substantial progress over the last 76 days. I donโt want to see a lot of progress get thrown out due to an unforced error.
Those that did not vote for @realDonaldTrump want to see him fail and are rooting for a market crash, recession or worse so they can feel righteous in how they cast their vote.
I have a lot of respect for our president and what he has accomplished so far, but I donโt think he is infallible, which is why I am stating loud and clear that I strongly believe launching tariffs on April 9th against the entire world โ massively in excess of what we are being charged โ is a mistake.
The right answer in my view is a 90-day pause to give the president time to carefully and strategically resolve our historically unfair global trading position.
Thatโs my view. Feel free to ignore it and unfollow me if you donโt like it or donโt care what I think.
$TSLA
@elonmusk do a buyback
Yes you are being unfairly and overtly targeted by organized short sellers
Do a 20 - 30 billion dollar buyback. You donโt even have to spend the money just get the board to authorize it and 80% of the shorts have to cover
Also, itโs extremely accretive with the stock down over 50%
Much love ๐
Not financial advice!
Sometimes the best trade is NO trade, especially in choppy markets like this. 90% of traders do lose, but they don't lose all the time...the majority of those in this industry who lose take random trades on random setups & get poor results/frustrating losses. STAY DISCIPLINED!
9:30pm study check, this is my INSANE unedited view and a great reminder of how stunning the world is, but no matter where you retweet this if youโre still up studying/hustling hard to build a better life for yourself and your family!
HOW BAD DO YOU WANT SUCCESS?! YOU TELL ME!
$SPY $QQQ
The PPI Report
The Producers Price Index
I put a lot more detailed analysis in the CPI report for those that want to refer to that as a broader inflation narrative
For this report I want to keep it simple
Oil prices are one of the most important components of PPI. Because it affects the price of goods at a wholesale level, which affects all industries since oil is a key input in transportation costs
Oil is down from 80 to 65 and roughly 75 to 70 for the month of February
With the thesis above and economic criteria behind the PPI, along with the chart below, I forecast a beat on the PPI report, that it comes in just below expectations
This will solidify and in turn confirm the โbeatโ on The CPI Report as well as foreshadow a โGoodโ PCE Report as the components that make up the FEDโs preferred measure of inflation should have good read thruโs from both CPI and PPI
If Iโm right I believe todays highs will be reclaimed and exceeded, that type of technical candle and or structure would prob signal a reversal and at least a technical bounce to $SPX 5700 - 5750 ๐ฏ๐๐๐ intermediate term
Not financial advice!
Gooooooooooood morning! Another day of filming, working on some cool new @StocksToTrade features and a new free sequel to my https://t.co/LZD2Yz9Opu guide so I need this coffee x 3 to push haaaaaaaard today!
What are your Sunday plans?! Do you also take a #nodaysoff approach?
NEW: Democrat Senator Mark Kelly shows off his new gas-guzzling Chevy Tahoe after selling his Tesla to protest Elon Musk.
โHere I am with my new ride Chevy. Good old Chevy Tahoe here in Washington, D.C got one of these in Tucson as well.โ
All it took for Democrats to abandon their commitment to โfixingโ climate change was Elon Musk saying stuff they donโt agree with.
Remarkable!
$SPY $QQQ
ELECTION TARGET HIT!!!๐ฏ๐ฏ๐ฏ๐๐๐
๐ฅ๐บ๐ฅ Donald J Trump wins the Election with 277 electoral votes currently!
Allan Lichtman was undefeated in his 40 years worth of election calls who was 100% was defeated since he was on the other side of one Banana3๐
I showed ALLLLLLLL of my work
I had and have zero bias
There was a series of 5 posts that reposted this evening so they are close to each other but they were 5 separate posts that showed 50 hours worth of work I did just for all of you
Congratulations to Kamala Harris for running a rough campaign and I will do my best to not float and only be open and help the other side of people who will be sad that their person didnโt win. Letโs all be better, try it, all u have to do is offer love to those u hate or disagree with
Much love to every side of this ๐๐๐๐๐