Had a great chat with Frank Holland on Closing Bell today. Really enjoyed it—even if I could’ve skipped the Spurs in six prediction 😅
Thanks Frank!
@FrankCNBC@CNBC@CNBCClosingBell#Economy#Markets
There is still so much money to be made in this market.
$IREN Iris Energy → $105
$CRWV CoreWeave → $312
$CIFR Cipher Mining → $44
$RDDT Reddit → $430
$HOOD Robinhood → $120
$SOFI SoFi Technologies → $25
$ONDS Ondas Holdings → $19
$HIMS Hims & Hers Health → $33
$ASTS AST SpaceMobile → $170
$RDW Redwire Corporation → $70
$SNOW Snowflake → $399
$CELH Celsius Holdings → $104
The targets are public. The analysis is done.
The only variable left is you.
My annual $SPX bullish target acted as resistance 🎯, and extreme, overheated conditions rapidly accelerated the market's retrace. Key indicators and updated setups you need to navigate the upcoming week safely.
$NVDA $NDX $IWM $BTC $AMD $DJI $VIX $AAPL and more. Link in bio.
Just a heads up to everyone following me and those DMs asking about this:
I will NEVER ask for your number or text you on other apps.
A lot of you saying I’m texting on WhatsApp... those are bots.
I never ask for anything and don’t have any other accounts.
Portfolio Performance Update & FREE $NU Deep Dive
The portfolio closed Monday up 268% since August 2022 (when I started tracking using SavvyTrader) against the S&P 500’s 91% over the same period. The numbers as of yesterday’s close:
Total return since inception: +268%
CAGR: 41%
1-year return: +126%
YTD return: +56%
1-month return: +29%
S&P 500 over the same period since inception: +91%
That’s roughly 177 percentage points of cumulative outperformance vs. the index.
I want to be honest about something. This is the third consecutive month of 25%+ returns. These kinds of returns are not sustainable and I do not expect them to continue at this rate. Memory and AI infrastructure stocks have been the dominant drivers, and that part of the market has not seen a meaningful drawdown in months.
There will be a pullback at some point which isn’t a reason to be afraid or avoid the market completely, but now is a great time to make sure you are not taking on too much risk or have too much of your portfolio in any single stock or sector.
I can’t tell you the exact percentage, but in general, 15% in a single stock or 25% in a single sector is a good rule of thumb.
What I will say is that the underlying businesses in the portfolio continue to execute, and in several cases, accelerate. The numbers are real. The earnings power is real. The contracted revenue backlogs are real (though in a severe downturn, customers could back out).
Whether the multiples hold through normal near-term volatility is the open question.
https://t.co/bCe8owrFUp