Happy New Year! 2021 Trading Update.
From Greg 2021 Trading Update...
Relating to the market, last year was very good for us but! 2021 is going to be even better.
If you have been with me for any length of time, then you have a strong understanding of how the market works and what to expect- THAT gives you power, a lot of it!
We know the game, its that simple, therefore we know how to beat it-badly.
We will continue to trade around SPY but, I am also going to throw a few more ticker symbols out there from time to time as well. As you know, I did open four new core positions, JPM, KO, VZ, and PFE- all of which are large cap. dividend paying companies, I plan on trading around these as well.
As I have done all last year, I will post my new positions here for all of you and the vast majority, just like last year, will perform as we expect. Realize that not every one of our trades will be successful, but most will- and that is how we will continue to win!
I am very excited about 2021, and I am hoping to build this Pride with your help.
Together we are invincible!
Much love, Greg…
HAPPY NEW YEAR!!!
Thanks Greg, and WE had a GREAT YEAR!!! I'm looking forward to a prosperous 2021 as well and I too opened 4 large cap quarterly paying dividend core stock positions in VZ(4.12% dividend), T(7.25% dividend), CVX(6.21% dividend), and XOM(8.37%). I chose these because they have a very good track record of keeping their shareholders happy with high dividend payout year after year, and all 4 companies stock should dramatically increase moving forward into 2021 as 5g is rolled out and crude oil (The Life Blood Of The Military Complex) gets propped back up to $100 per barrel as tensions rise again in THE MIDDLE EAST with the new Biden/Harris Administration. I don't care how much they try to push this GREEN NEW DEAL you cannot fly a Fighter Jet, deploy a Battleship, operate Tanks and Supply Convoys with a BATTERY!!! XOM is in debt very bad and will announce the end on January their forward guidance and their most recent debt situation, but XOM has always been faithful to pay year over year around 8% dividends every quarter in good times and bad. XOM has been under criticism lately from the analysist, but like Greg always says "BUY WHEN EVERYONE ELSE IS SELLING" and I feel like investing in 2 Energy Sector Stocks VZ and T will double in 2021 with the rollout of 5G, and investing in 2 Energy Sector Stocks XOM and CVX will double when OIL prices rise back to $100 per barrel. Thanks Greg for your GREAT ADVICE this year you have really helped give me the confidence to Trade this Market with success, and I will also be buying more stock positions in some various TECH stocks like AAPL, MSFT, FB, TWTR and a few more after the first of the year when they sell off their extreme highs and investors rotate out of TECH and create a good buying opportunity. Thanks Again Greg and THANK YOU LIONS for a WONDERFUL YEAR even though we are watching it fall apart around us, and with ALL US working together, "HEY, WE GOT THIS" bring it on 2021!!!
Your Fellow Lion,
Stephen
Happy New Year, dear Gregory and fellow Lions 🦁.
Greg, I've been following you and your amazing work in the last few months, and I really appreciate everything you're doing for the traders community.
I've just finished reading your new book, and it has great insights and invaluable information. Well done!
As for your core positions - I understand the reasoning behind them, but I'm a technical trader, and the YEARLY charts (every candle is one year) of JPM and KO are a bit ominous.
JPM has formed a huge hanging man, and KO has formed a long-legged doji. Obviously, these formations will be irrelevant if these stocks continue higher, but they could suggest a potentially higher risk.
In any case - I wish you and everyone here a successful 2021 (in trading and elsewhere).
Keep up your amazing and much-appreciated work!!
All the best,
Yaniv