🤑247capital #48 | Market Meltdown 🩸

Follow-Up, Portfolio News of the week, Tweets of the Week ...

Hi Everyone 👋,

Welcome to the #48 issue of 247capital — your weekly source of Investment Research. If you are new, you can join my email list here, or👇🏻

Please hit the heart button ❤️ if you like today’s letter and reply with any feedback.

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🩸Current Market Meltdown

Since the whole market has been deep red the last few days, there’s no need to show the bloody portfolio today 😆 Maybe it’s also better for you to ignore yours these days. Anyway, nothing is sold; you’ll see next week 😉 End of today, we had kind of a first contra movement, and maybe we’ll see a Turnaround-Tuesday tomorrow. If the correction is already over … who knows … I don’t think so … but the VIX is already relatively high. So if you have some liquid money, feel free to shop around. $HIMS at a low around $4.10 with some excellent news(see below) is an opportunity.
We keep some powder dry … who knows how long🤑

Charlie Bilello @charliebilello

The $VIX is now at its highest level since October 2020. Seeing some signs of panic selling. This is good.

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Portfolio News of the week

$HIMS - Hims & Hers Health Adds Walmart To Its 10,000+ Strong Base Of Retail Doors. $HIMS is launching its line of hair care solutions at more than 1,400 Walmart retail locations nationwide and on walmart.com. The products will be available beginning this weekend.

andrewdudum @AndrewDudum

Today the $Hims mobile platform goes live to all 500,000+ members in the App Store! I'm so proud of the team & so energized by how much this new platform is going to transform the experience for our members & Company. Today is our Day 1. Download here: apple.co/3fS0ntW

READ - Readly announces senior leadership changes

Readly International AB (publ) announces the departure of Joakim Johansson, Chief Technology Officer, and Joe Armstrong, Chief Operating Officer.

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Quote of the Week

In bear markets, stocks return to their rightful owners, the wealthy and the patient.
— Peter Lynch

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Tweets of the week

Dr. Parik Patel, BA, CFA, ACCA Esq. 💸 @ParikPatelCFA

It’s not a loss until you sell

Charlie Bilello @charliebilello

Commodity price changes over the last year... Coffee: +95% Lumber: +76% Heating Oil: +65% WTI Crude: +61% Aluminum: +60% Gasoline: +59% Natural Gas: +59% Brent Crude +58% Cotton: +52% Copper: +23% Wheat: +19% Sugar: +17% Corn: +17% CPI: +7% Soybeans: +2% Gold: -1% Silver: -6%

Jon Erlichman @JonErlichman

Chart analysis using a video phone in 1970:

Holger Zschaepitz @Schuldensuehner

To put things into perspective: The nearly 15% plunge in the Nasdaq Index since Nov high hurts those who got in in March 2020 when the stock markets crashed b/c of Corona. Those who have been invested since the turn of the millennium consider this to be only a minor correction.

Another special one for my brother 😉

Jon Erlichman @JonErlichman

Berkshire Hathaway’s top holdings: Apple: $126 billion Bank of America: $43 billion American Express: $25 billion Coca-Cola: $21 billion Kraft Heinz: $12 billion Moody’s: $9 billion Verizon: $9 billion US Bancorp: $8 billion Davita: $4 billion Bank of NY Mellon: $4 billion

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5 points of the week - From the book “100 to 1 in the stock market.”

Curated by the Big Investor Blog:

1. Earning are way more manipulated than stock prices.

2. But for the gullible, there would be no manipulators. In Africa, where there are no antelopes, there are no lions.

3. Stocks are bought and sold on the market because both the buyer and seller hope to benefit from their actions. However, neither are there to do another favor.

4. Technical analysis is not an alternative to fundamental analysis; it is mainly used for entry and exit after a finalized decision to buy or sell.

5. Basic economic principals

   1. All market value is in mind.

   2. Men can change all laws made by men and will be changed as soon as people decide that they would be better off if the rules are changed.

   3. No one’s title or property right is worth any more than his fellow-creatures willingness to defend it.

   4. If a company seems to be operating ignorance or defiance of these three principles, don’t stop and figure out - RUN.

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   Thanks for reading, and until following Monday,

   Sebastian from 247capital 

   

   All posts on “247capital” are for informational purposes only. This is not a recommendation to buy or sell securities discussed. Please do your work before investing your money.