Sam’s Wall Street Newsletter – ‘Hooge’ Lesson

If you have not learned anything from the last crash of the market and its eventual come back then, you have not really understood the psychology of the market.

It is a market built on the foundations of core human emotions – fear and hope. this makes the market panic when there is bad news or fear of incoming bad news. The same market starts re-adjusting its panic attack button to lean towards a less negative direction.

For some of us who bought the dip, it is not yet ‘Uhuru’ because there are still several reasons to be cautious especially because of the uncertainties surrounding Omicron

What I added during the Period

As part of my disclosure, I have used the recent sell-off to readjust my exposure. I have added several mega-cap stocks as well as dividends stocks. I strongly advise that we all add dividend stocks to ensure we are not just a ‘long’ investor but we get compensated for holding goo stocks.

Here are the new entrants into my portfolio:

*BA – Purely growth play with dividends

*$O –  A pure dividend play

*$JPM – A growth and dividend play. I plan to build it up over time

*$BZFD – Purely a growth play for the medium term, I plan to buy more during dips.

LUCID Subpoena

Lucid’s shares tanked yesterday for obvious reasons. The company said it was regarding the SPAC deal with Churchhill Capital IV. There are no major red flags at the moment and I did not sell, I would rather wait for a major dip to buy more stakes and further average down.

Reach Out To Me

I provide market coaching and portfolio design advisory. You can always reach out to me on Telegram or WhatsApp via – +447961299118

 

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