3309 Drysdale Ct
Edwardsville, IL 62025
Howard Marks latest Memo: Thinking about Macro
One of the few letters I read as there is great information on
how to think about markets and life lessons.
This is what I follow the most, best risk/reward for buys/sells.
Thanks for continuing to post it Matt, I like the date/timestamps
too, so good
$SPX upside gap on watch to fill at 4,422.30
I haven't kept up fundamentally with the sector as it has taken
so long..thanks for pointing out the chart, risk/reward much better
here now to consider it. No position
keep FXI on the list as an idea to watch, currently very
Flight completed during developmental flight testing
Longest ‘eVTOL’ flight to date
Business combination vote date is August 5th. Stock symbol is
RTP. I'm long warrants, RTP.WS, better value to buy when they got
taken down again recently.
My strategy update: I made some changes yesterday on the close
to one of our long term accounts. I'm now at a 30% allocation there
in stocks via large cap equities (S&P 500 type fund). I moved
to a 70% allocation when the market crashed in 2020. This has
pretty much been my strategy over the years and it has taken great
patience, though saved/made a lot of money. I was elated to get a
green close yesterday. My goal is to never give back significant
We do some other things regularly as habits, like buying on sale
when we grocery shop or buying in bulk on certain items, purchase
clothing, pretty much anything if it makes sense from a time/money
perspective. It adds up over time.
In my other strategy, trading has added regular additional
income to our household. My third strategy has a car fund/house
fund, both of which I buy growth stocks on significant pullbacks
and sell on significant rips higher (this can take months or years
depending on the stock or fund I'm using). Its a modified dollar
cost averaging strategy, much better because of the discount
purchase prices. This is money we can get to without bothering our
long term and IRA funds, a backup to our emergency fund so to
In terms of savings after our budget is fulfilled, we are
organized in 3 buckets: Emergency funds, car/house funds, and
finally long term funds (IRAs, TSP).
Thanks for the great shares here on what you are up to. Thanks
Matt & Steve for your daily hard work.
Fantastic work! Enjoy your vacation!
went big into eod, easily clearing that 50 day on volume. 3
large candles higher since I first posted it
I would be willing to have the view that we drop 10-15% before
we gain another 34% from here though, if I was pushed to have a
view. But that's just for fun. The market will tell me what I need
to do next
$SPX article just came out a bit ago. Just a share, I have no
long term view, just what the market/stocks tell me through prices.
Prices guide my action plan.
BODY still moving higher. Very strong on a meh day for the
markets. 3 large candles higher since my original post.
That would seem to align with the overall seasonality as well
and probably fool the most people. Risk/reward, trim and trail no
I think a good idea longer term as well Ed, great post.
WYNN is my favorite of the casino names. "Travel stocks",
LUV, RCL, and IHG some of my others.
Sold my leveraged SPX trade via SPXL, $101.95 to $110.52. Entry
was thanks to the Extreme tick area that Matt provided!
Openfit was part of this deal. Noticed on the Sam's club site
you can sign up for it as part of discounted memberships. Lebron
James is part Openfit. Don't forget Shaq and MLK III are investors
here as well. A lot of major influencers getting involved
BODY continues higher
my warrants up another 13.18% at last
glance..happy to hold them. I think they will be double digits at
This is becoming my new favorite indicator. Thanks for
continuing to providing this Matt!
my BODY position I mentioned in the morning last Wednesday
getting some love today, sets up well
makes sense performance wise vs. SPX given the "delta variant"
narrative that's being sold by the media today...that would bode
well for ARKK names
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