Happy New Year everybody!
We had an 18% gain in November and we followed it up with a gain of 5.88% in December.
Our overall gain is at 112.90%. We started buying Apple in 2015 and now our gain for Apple is at 473%. We started buying Uber in 2019 and now our gain is at 255%. We started buying WYNN, AMD, Boeing Face Book. TJX and Delta in 2020 (March) and they are so far up 214%, 149%, 140%, 99%, 108% and 110% respectively. What was the best sector in 2020? Technology was the best and Energy was the worst. According to long term analyst and astrologer Merriman, Oil is in a long term bull market as it bottomed out in 2020. My advice- Be super cautious with Energy! Also going by the “Dogs of the Dow” theory, energy in the Dow and also Intel might do well in 2021.
Tesla went up by 700% in 2020! If you had put $10K in to Tesla 5 years ago, today, you will have more than $230K. Tesla produces 1% of all cars but it’s market cap is bigger than all other automakers combined. Many advisors ask Tesla to buy Ford or Merc.Benz. Elan musk stated that he is not in favor of a hostile takeover but if an automaker makes an offer, he will consider it. It is a known fact that Musk wants to take Tesla private; that may be why he keeps saying that Tesla is overvalued. Musk is gift from God to the human race!
Another interesting thing that happened in 2020 was the rise in the bond market after March 2020. At that time no one thought the Federal Reserve will “print money” to the tune of $8 trillion and many expected most companies to fail. One of the analysts taking advice from a bond guru who came on CNBC bought Carnival bonds with a yield of 11% around March 2020 and now the yield has gone down to 5%- in other words, a huge gain in those bands he bought 9 months ago. Bill Ackman was crying on CNBC in March 2020 asking President Trump to close down the country for one month to get rid of the covid crisis. Now we find that he is one of the best money managers of 2020. He invested $23MM in credit swaps and in less than 6 months, he turned that in to $2.5 Billion! His overall average gain for 2020 is about 70% so that implies he did poorly on most of his other trades. Analyst/astrologer Merriman says that one of his clients, turned $60K in to $750K in 2020 (by taking his advice).
Larry Williams is a market technician who specializes in cycles and when Jim Cramer reported on his findings on 12/9/20, this is what I found interesting:
· Market should start going up from 12/16/20 or so.
· Till 12/16/20, the market could go down or sideways.
· From 12/16/20 to the 1st week of January, the probability is high that we could see a significant gains in the market
· Buy 5 days before 12/25/20
· Sell retail stocks now as they have gained quite a bit in the Fall as he predicted months ago
· Time to sell UPS and Fedex
This is what technician Bob Lang had to say on 12/14/20:
· He is bullish on all casino stocks but some will fare better than others. With the expected better environment with China, casino stocks should benefit. Also aggressive stimulus fiscal programs in 2021, would benefit casino stocks.
· WYNN-As I stated many months ago, Bob Lang states that WYNN would be one of the best “bets” for the casinos in 2021.
· MGM- Made a “golden cross” in the chart so Bob is bullish on MGM
· LVS or Las Vegas Sands- Per Bob, this one is not as good as the others but still look to be bullish in 2021.
I wish you a great 2021!
Fernando