Good morning everyone. I have a name for a particular stock growth era from May 2020 until January 2022 ‘The Great Roundtrip’ Poster stocks and charts of this era are Robinhood , Penn, DraftKings, Zoom, Zillow, Docusign, Peloton, Gamestop. I made a visual of this great roundtrip versus the induces on Koyfin: The real story …
From: January 2022
Use Your Head…Don’t Blame The Fed
Repeat after me… Talking about stocks will make you look stupid. I write about my ideas – stocks and private investments – to focus on making better investments. I still feel stupid but I make better decisions having a timeline that holds me accountable. No matter who you are, at many points during your investing …
Momentum Monday – Growth Stocks Have COVID and Ivanhoff Lived
Happy ‘markets closed’ Monday as we pay respects to Martin Luther King Jr. Last week Ivanhoff had COVID, but the young scrappy man beat it. We cannot say the same things about growth stocks which continue to struggle from the financial cocktail aftermath of it. As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor …
Sunday Reads….Having an Office, Catching Up On Crypto for 2022, The Supply Chain, and The Year In SPAC’s
Good Sunday morning… I am off for a long ride right after I post this. As we started 2022, Social Leverage has an office. It is really fun to be in our own space where Tom, Knut, Jono and I can spend some time together. Gary joined us this week from San Diego and it …
Tiny Bubbles, Tiny Bear Markets and Tiny Crashes
Yesterday I covered the crash in fintech stocks. Not that many people care and as far as the stock market goes, should probably not care. The old financials – the $XLF – are having a party. The cloud stocks – I use the $CLOU ETF – have also been in crash mode and now in …
The Fintech Crash…
At beginning of 2020 a16z declared ‘Every Company Would Be A Fintech Company‘. Have a read. The essay is great, the thesis on point, but for fintech PUBLIC companies the top was near. ‘Modern’ (web 2.0) fintech stocks (Coinbase, Robinhood, Square, Marqueta, Paypal, SOFI, ARKF, Lemonade) have been in a nasty bear market/pullback/correction the last …
Jeff Richards of GGV Capital on the Cloud, Digital Health, E-Commerce, and the Digitization of Everything
We’re off to a bit of a rocky start to the new year in software and cloud stocks. Here is the chart of the software ETF $IGV -in an 18 percent pullback, the worst since March 2020. That is why I called up my friend Jeff Richards to help make sense of it all. This …
Stocks For Rising Rates
Good morning… I have gotten a lot of questions about interest rates. Mostly from people with 30,000 square foot second homes (I kid my wealthy friends). Some masked suit at Goldman Sachs was out mumbling the other day that The FED would be raising rates FOUR times this year. The market has been pricing in …
Barry Sonnenfeld Gave Me Homework
Good morning… I have promised some readers a deep dive on the fintech action in the private and public markets and have been working on that for my own seed strategy as 2022 begins. I hope to have it over the next few days. Onwards… Last weekend I listened to Barry Sonnenfeld (American filmmaker) when …
Momentum Monday – X’s over Q’s…Not a Fun Market For Growth Stocks (Software and Cloud)
Happy Monday. As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out. As …