Marc Damiano

GMU 2020

[Marc Damiano @Marc_damiano]

@markcecchini Equity

[Eyal Yakoby @EYakoby]

I am being targeted by Turkish and Saudi Telegram channels to mass-report my account (again). This violates @elonmusk's terms of service.

Please comment on this post to combat their censorship.

[Marc Damiano @Marc_damiano]

@wearetheselect killer

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

FED REACTION FUNCTION

The Fed cannot cut here in response to an incoming destruction of losses.

Hard to see May cuts happen although Mr Market is pricing that.

The Fed does not want to ‘own’ tariffs which are inflationary, regressive, and a sales tax that hurts their policy objective.

However…

As soon as labor market softens and you get a bad NFP print, Fed will over-compensate and cut aggressively.

Because job losses are deflationary.

However, Trump should pivot before hand.

His tweet to buy stocks was also seen on Dec 24 2018 - just before the Dec 26
2018 bottom.

Trump’s phone is undoubtedly ringing off the hook and @SecScottBessent is losing his credibility as a mouthpiece now.

Tactically, where we are now, better to orient long.

There is a 3 day window of risk.

If Trump stays the course, S&P could bottom around 4500 or 17x PE.

If Trump pivots, then the lows are around here.

Regardless, in one year’s time, stock prices should be up 20% give or take.

*Delta went up 8% despite offering no guidance*

That suggests discretionary names, at least airlines, have priced in a recession.

Some sectors like quality defensive tech have already priced in a recession.

And we are buying there.

Note: Not all sectors are priced for recession unfortunately, so the positioning matters.

You should be long biased here. Not full port and not levered. But long biased.

If there is a 3 day dip, then you have a chance for full port.

Earnings season is a natural lift to markets.

Also, if Trump stays the course 2008 type scenarios are on the table.

But, even so, you should get strong reflexive bounces to derisk into from current levels.

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Futures markets are open.

This is a visual explanation of what's next.

@LumidaWealth

[Real Vision @RealVision]

📉 Market psychology is shifting—how will tariffs impact the markets? w/ @lspurcell @ramahluwalia @hosseeb and @LDrogen

Tariffs are reshaping global dynamics, but can our psychology keep up with it? 👈 🚀

👇️ Only on RV Plus https://t.co/XDzl1LKPh7

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

I see no future world where @LumidaWealth doesn't disrupt the wealth management industry.

We have the talent, the AI, the performance, the grind mindset.

Give me a couple years.

[fejau @fejau_inc]

great breakdown here

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Non-Consensus:

(Dad edition)

The opportunity cost of finding the remote…

is now greater than the cost of ordering a one-hour replacement on Amazon Prime.

We have crossed the Rubicon.

[Lumida Wealth Management @LumidaWealth]

Ready to wrap up the year on a strong note?

Get our End of Year Tax guide for key tax strategies and what you need to know before years end.

Download it here: https://t.co/fpq9EgPIXH

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Make sure you get those tax loss harvests in, max out 529 contributions, and more 👇

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Non-Consensus:

Got a 2x bagger in $APP in 6 months

Why? The trifecta:

1) Multiple expansion

2) Earnings Growth

3) Variant Perception

This Non-Consensus framework runs rent free in my mind.

I usually have no idea price target per se but a clear sense of upside vs downside.

And I cut losers like $SMCI $PAGS or $REGN quickly.

I believe you can be right only 60% of the time and do very well if you apply this approach.

You are pulling weeds and watering flowers as Peter Lynch 🐐 used to say.

That’s essentially what big quant funds are doing except over thousands of securities.

‘Be the casino, not the player’

We also seeking to generate ideas better than what we own all the time.

Those ideas are competing for capital.

That forces extremely tough trade-offs.

And those ideas are from different industry groups and factor exposures.

When you are forced to sell something you love for something you don’t own, but want to own, it sharpens the mind.

That activity of continuous research and competition of ideas levels up the portfolio.

At year end, I hope to create audited returns so you can judge for yourself.

Request: If you know of any firm that can do a GIPS compliant audit of Schwab for SMAs I would appreciate any introductions.

Also, help me get to 500 fills at:
https://t.co/rIoE32zSpN

Looking at 3 different ETF concepts

Note: Don’t invest in victory lap tweets ;)

https://t.co/SIWQOfQf8o

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Thoughts on Tesla and Nvidia on Yahoo Finance

Note: Quite a few bad stocks can and likely go up in Q4

Fed is cutting rates into Goldilocks

$NVDA $TSLA $META $GOOGL

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

CHINA DUMP?

China’s $FXI is now down 9% today.

Two weeks ago, I wrote that (1) China’s momentum has one to two weeks to run AND (2) we’ll some narrative around how stimulus isn’t enough

in the @LumidaWealth Lumida Ledger

That’s exactly how it has played out.

The GS narrative hit the day before the sell-off.

Excerpt:

‘Is it worth buying into China now? Not really. I’d wait for a pullback.

My style is not to invest in parabolas, and that’s what I see here.

There are a lot of momentum monkeys trying to buy into China now.

We are selling into that strength. 

That momentum bet has less than a week or two left in the tank and then we’ll pull back.

We’ll see some narrative around how China’s stimulus isn’t enough or must be backed by stronger fiscal supports’

If you aren’t subscribed to the ledger, you’re behind the curve.

Better yet, sign up as a client.

Lowering our minimum to $3 MM for this month, with exceptions for Founders where we will go $1 MM.

Fun Fact: The vast majority of our clients are Founders.

It makes sense. They are Non-Consensus and want to minimize taxable gains impact from concentrated positions.

I don’t talk about tax enough.

There’s really no reason you should be paying capital gains if you have good tax shield strategies.

[michael catt @TheGreatCattsby]

1) As a complimentary piece to @defi_monk's primer on @MetaDAOProject — I'm pleased to share how I am evaluating the project from an investment perspective, expanding on the potential factors spurring and hindering the protocol's growth.

View Report: https://t.co/7z9sEyMfZl

[Kunal G @kunalgoel]

There are two assets here where the VCs are up a 1000x.

Don't be scared anon, the VCs can (sometimes) be your friends.

[io.net @ionet]

BREAKING: https://t.co/ZuybGWvRkH has raised $30M to build the largest decentralized GPU network in the world and solve the AI compute shortage.

The Series A round was led by Hack VC with participation from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, Foresight, Amber, Longhash, SevenX, ArkStream, Animoca Brands, Continue Capital, MH Ventures, Sandbox Games.

Prominent industry leaders also joined the funding round, including Solana founder Anatoly Yakovenk, Aptos founders Mo Shaikh and Avery Ching, Yat Siu of Animoca Brands, Sebastien Borget of The Sandbox, and Jin Kang of Perlone Capital.

https://t.co/uFcYdqYmHL

[The Block @TheBlockCo]

Solana-based DePIN https://t.co/PiSh8CXVeI hits $1 billion token valuation in latest funding round https://t.co/9G8pmCFxUs

[io.net @ionet]

Thanks for the coverage @The_NewsCrypto!

@ionet_official raises $30M in funding to build the largest decentralized GPU network ever, solving the shortage of AI compute.

The Series A round was led by @hack_vc, who were joined by @multicoin, @solanalabs, and more.

Industry leaders such as Anatoly Yakovenk, founder of @solana, and founders of @Aptos, Mo Shaikh and Avery Ching, also participated in the funding round.

Deep-dive into the full article by @The_NewsCrypto here: https://t.co/NhRaJdeyX8

[io.net @ionet]

The Ignition Program is live!

Connect a device and supply compute to the network at https://t.co/omQ1rhhTy6.

Visit @Galxe to view and complete quests.

Join the official Discord and participate in the community.

This is the start of AI for the world.