Thursday evening
January 26, 2023
Hello everyone,
This post will be a summary of John’s recent webinar entitled: “Where’s the Bear?”
Luncheons: Honolulu February 17, 2023
Seminar at Sea July 13, 2023
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John’s Positions:
20.65% January, 80% cash, 10% long and 10% short
OXY 55-60 call spread
QQQ 305-315 put spread
Expiration Value: 23.79%
107.27% Trailing one-year return
47.22% Average Annualized return
LEAPS on Rivian but be conservative.
The market is pricing in a 25-basis point rate hike on Feb 1.
Energy – new lows on Russian military failures, warm weather, and a supply glut. Only a Chinese post-Covid recovery can save it.
Gold and Silver deliver upside breakouts, which should continue.
2023 could be the year of the commodities.
John says the U.S.$ has topped and will be weak for a decade.
Look for the S&P 500 at $4,800 by end of 2023.
VIX dives to $18 = No Trade
The main focus of John’s service is front-month trading. And holding cash when there are no trades. He teaches us that it is more valuable knowing when not to trade than when to trade.
According to a new model by JP Morgan Bank, there is a 73% chance of a recession.
Tech layoffs top 70,000 or 2% of workforce. But most tech layoffs aren’t being reported. (They go on to another job or work from home or from anywhere in the world doing side hustles).
Inflation to drop 5% in a year, according to a survey taken by the New York Fed.
If you have cash that is not in your brokerage account or invested, buy 90-day T-bills.
TSLA @ 125 is a good option trade and a good LEAP.
TSLA is the most traded stock in the market. And the most traded option in the market.
RIVN – great LEAP candidate 40-50 or 45-50. Go two years out.
NVDA – buy at 160.
Did you know – there are Russian submarines 30-40 miles off the East and West American coasts with nuclear weapons, which could wipe New York out in a second?
(What a comforting thought).
BRKB – $400 target.
Keep buying TLT calls, call spreads, and LEAPS on dips.
Junk Bonds ETF’s (JNK) & (HYG).
Treasury Secretary warns of coming US Bond Default, runs out of money by June capping price for foreseeable future.
OXY – 50-55 spread.
AAPL – sell 160 calls – keep doing every month until you are hit. This is just a suggestion.
Currencies: Buy FXE, FXA, FXB, FXY.
M1 Tank Battalion going to Ukraine. Will stretch out the war. Russia’s tanks are no match for Western tanks.
CEW – Emerging markets should have growth of 40%.
Precious Metals
Australian Precious Exports Soar. Shipments topped $9 billion in November. 20% higher than the most optimistic forecasts.
Buy Copper (FCX), Aluminium (AA), Iron Ore (BHP, Gold (GLD), & Silver (SLV) on dips.
Crypto loses it shine to Gold. Buy GLD, GDX, GOLD on dips.
That’s all for now.
Have a brilliant weekend.
Have fun.
Cheers
Jacque
Always be looking forward. You can never plan the future by the past.
To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment. Ralph Waldo Emerson.
