Stock Market Wealth

This is one of the worst January year opens for the market since I’ve began investing in June 2000, at the age of 16. As you’ll see below, it is my opinion that the markets have over-reacted to the FED’s policy this year and the market can bounce hard today.

Over the weekend, I read a lengthy and detailed analysis from a money manager who oversees over $200bn for a sovereign wealth fund; he believes gold is going to fall quickly this year into a bear market ($1,650 or lower), as rising rates will bring with them higher real yields.

I’m as close to being on margin as I’ve been since the FED’s parachute rescue plan in April 2020, when I buried every dime I had in stocks, since the FED mandated me to make a fortune.

Where I live, in the city of Tel Aviv, the cost of living was just ranked the highest in the world. Somehow, this relatively-small beach city, with its 500,000 residents, has become super-expensive in the past 22 years.

Just one year ago, Millennials and Gen-Z demographics were buying stocks left and right to the point that GME’s stock had to be halted and make national news.

In the past two days, I’ve cashed up, mostly by selling half of my TQQQ and SPXL holdings. These two ETFs are 3x-leveraged to the upside/downside of the NASDAQ 100 and the S&P 500. I have nothing against the broader U.S. markets, but I think that the Big 10, the stocks that are in charge of most of the index’s gains, are going to take a pause in H1 2022 and the major indices might pull back by 10% and even 15%, suggesting the leveraged ETFs could crater by 30% and 45%.

In every ocean, near coastal and rocky shorelines, in the turquoise topics, in the freezing poles and in the dark deep blue, the world’s most widespread creature, after human beings, lurks in pods.

Exhilarated by my first opportunity at seeing the world, fresh out of high school, my best friend {at the time} and I packed a bag and flew to New Zealand in 2008.

The markets are speaking loud and clear and what they’re telling the FED is that Omicron is the type of Black Swan event that downgrades the central bank’s forecast of 4% GDP.

The global population is growing increasingly tired of sacrificing so much of their freedom, in exchange for protection from a disease that most now realize is not dangerous whatsoever to them.