Money Vikings Investing - ALL TIME HIGHS! - Week of 1/21/24
In This Issue: Market Report, Finviz/Sector Analysis, Sentiment Analysis, Millionaire Habits, Earnings, 3 Hot Trades - CARR, VZ, AMZN Covered Calls.
This market continues to surprise, twist and turn. QQQ is already up 3.78% for the year no doubt boosted by the Apple Vision Pro launch. SPY is following close behind at 2.18% up, hitting all time highs this week that were set initially at the beginning of 2022.
The Millionaire Next Door which came out probably 25 plus years ago now which is kind of surprising since I first had a copy when I was maybe about 20 years old and it definitely shaped my perception of what it takes to to build wealth in the US.
I wanted to revisit some of these ideas, in 2024. I hope you're off to a good year in terms of all those micro-habits (those small steps every day that we talk about that really build a life of true wealth and more). I believe that that’s the answer — it's really about the small things that you can do every day to build wealth and to build your health and to build your relationships. Enjoy the video and have a great week!
Jerry & Greg
Finviz Heat Maps and Sector Analysis
The Fear and Greed Index & Market Temperature
The market is holding in Greed territory, and the AAII Sentiment indicator is starting to show a decline of 8% in bullishness from the prior 2 weeks. Most of them moved into neutral while there was a slight increase in bearishness.