Congratulations Joe Biden!
The whole conspiracy came together last night as the Kansas City Chiefs won (again) in an exciting overtime finish just a week after Taylor Swift won the Grammy for Album of the Year. Although they forgot to officially endorse Biden in all the excitement, the most powerful couple on Earth since Anthony and Cleopatra can pretty much do anything they want now.
Apparently, in Kelce’s case, that even includes yelling at his own coach early in the game as the Chiefs made their second fumble. Maybe I’m old but that’s a big no-no in football and, as far as I can see, Kelce is getting a total pass for the incident.
In a season that did feel scripted by Hollywood, the Chiefs’ triumph in Las Vegas wasn’t just a win; it was a cinematic masterpiece, complete with drama, conflict, big stars and a fairy-tale ending. Amidst whispers of deep-state orchestrations and celebrity cameos, the Chiefs’ journey was a testament to resilience, showcasing a team that, despite its ups and downs, always had its eyes on the prize.
Patrick Mahomes, with his blend of raw talent and unyielding determination, has not only secured his place among NFL legends but has also redefined what it means to be a leader on the field. His ability to turn adversity into opportunity, to transform tension into triumph, is what sets him apart. This season, Mahomes faced challenges that tested his mettle, yet he emerged not just as a champion but as an emblem of perseverance.
The Chiefs’ story this season is a reminder that in football, as in life, the path to glory is often fraught with hurdles. Yet, it’s not the obstacles that define us but how we overcome them. Kansas City’s victory is a narrative of hope, a narrative that resonates far beyond the confines of the stadium. It’s a narrative that inspires us to believe in the improbable, to dream big, and to never give up, no matter the odds.
As we celebrate the Chiefs’ victory, let’s also acknowledge the broader implications of this moment. It’s a testament to the power of teamwork, the importance of leadership, and the enduring spirit of competition. In a world that seems so divided, sports have the unique ability to unite us, to remind us of our shared Humanity and our collective capacity for greatness when we all work together.
Speaking of franchises, earnings are still coming in fast and furious this week including last year’s Trade of the Year, YETI, who report on Thursday morning. We took the money and ran as 2023 earnings were up over 100% and we hit our 300% return targets ahead of schedule. Now we are far enough into the new earnings season to see some trends and spot some new bargains. We just issued a Top Trade Alert for Barrick (GOLD) last week – they report Wednesday morning:
We will also be going over our Member Portfolios this week – a process we begin last week with our $700/Month Portfolio Review. The markets are at record highs so I’d love to take something off the table but we loved all of our $700 stocks last week so it’s going to be hard to find positions we’re willing to cash out of.
I think we have a unique combination at the moment of a Fed that is essentially promising they will lower rates if the economy turns down (placing a safety put beneath the market) along with other Governments (China, etc), who are promising to stimulate the Global Economy and then there’s a lack of alternatives as money isn’t going into Real Estate and US Residential Real Estate is a $40Tn market and another $20Tn on the Commercial side is actually bigger than the stock market and then you have our Government running a 10% annual deficit to insure us 2% growth – what could possibly go wrong?
Next Monday is President’s Day so this week will end on Thursday from a participation standpoint. Only 4 Fed speeches are scheduled but we do have CPI tomorrow, Philly and NY Fed Reports on Thursday along with Retail Sales, Import/Export Prices and Business & Housing Inventories and Friday will be PPI – so it’s not nothing:
Become a Member and join us inside! You will gain access to our 6 Member Portfolios as well as Trade Ideas, Our Legendary Live Chat Room, Live Trading Webinars, Trading Education and other exclusive perks.
Find out why Forbes called Phil “The Most Influential Stock Market Professional on Twitter” (in 2016, before Elon ruined it!).
Email Maddie – Admin@philstockworld.com – for a 7-day FREE trial at sign up.