Welcome to The Rundown! Each week we’ll feature a couple talented guest writers to give their thoughts on whatever is happening in the markets right now.
One of our guest writers this week is the Michael Rippe! He’ll be sharing his thoughts about earnings season and how to play the market’s quarterly report card. He also writes an awesome weekly newsletter called inverstly - check it out!
Join SPAC Happy Hour with myself and Michael on the Clubhouse App every Friday at 4:30pm EST. Michael will be our moderator and asking questions to our guests each week!
Our guest this week will be Rob Striar, CEO of Bull Horn Holdings Corp. This SPAC includes former NBA player Baron Davis on the board of Directors and intends to focus on leading sports, entertainment and brand companies that have potential for brand and commercial growth.
You can join our room by following @BillSPACman and @MichaelRippe on Clubhouse and clicking the notification bell to see when we open the club!
investrly Thought of the Week
(Earnings season)
Earnings season means it’s time to check the temperature of your investments and the overall investing environment. Think of earnings season as a quarterly report card: From a top-down approach, overall results show you how the economy has done. From a bottom-up approach, specific company results give you an idea of how your investment may perform moving forward. As a long term investor, it’s one of the best times to check in on your investment thesis.
Has your company performed to the expectations you and Wall Street have expected? Are there any surprises you need to consider going forward? Would you make a new investment from this moment on? Ask yourself these questions and recognize how the company is performing with actual results. Read to see why your company beat or missed analysts' expectations. As a long term investor, it’s important to remain focused, unemotional, and open to accepting the results, even if they are not what you want to see.
Looking at earnings season as a report card gives you the perfect opportunity to determine your next move. It’s simply another tool in controlling your investment toolkit. Focus on this moment each quarter.
Reddit Mania Overshadows Outstanding Earnings Season for Tech (Bloomberg)
investrly Term of the Week
Earnings Season
Earnings season refers to the months of the year during which most quarterly corporate earnings are released to the public. Earnings season generally occurs in the month immediately following the end of each fiscal quarter. Typically falling in January, April, July, and October, earnings season occurs 4x a year.
Learn more about earnings season strategies
investrly All-Star Team (Top 7 Overall)
investrly Stock
Peloton - $PTON
Peloton is more than a stay at home stock and stationary bike with an iPad. Peloton is a technology company and the future of digital connected fitness. The company showed you this in their most recent earnings report. Yes, Peloton saw explosive growth in 2020. CEO John Foley has used the extra capital to reinvest in improving their infrastructure while trying to enhance overall customer satisfaction. Due to near-term supply chain hurdles on continued surging demand for their products, the stock fell 7%. This is a short term dip for a longer term growth story, and having Peloton in your portfolio is a good strategy.
investrly Crypto
Dogecoin - $DOGE (*Not Recommended)
Cryptocurrency is here and it’s a lot more than Bitcoin. Enter “Dogecoin,” the meme coin thats been all the rage lately. This is primarily due to the world’s wealthiest man, Elon Musk promoting it. Like Gamestop and AMC, Dogecoin is a current online cult favorite with momentum. But ask yourself what happens when momentum wears off. Unfortunately, for this meme coin (that was created as a joke, by the way), it doesn't appear to be much. It looks like funny money to us and quite the gamble.
As much as we love sharing investing opportunities, we must share the ones we most certainly recommend staying away from. Practicing good risk management works both ways and will lead to long-term success.
Dogecoin: The meme cryptocurrency that somehow became real
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There’s No I In Trade
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