Exclusive Research Released: A Tremendous Sell Opinion during SPX 4200 and BABA 120 Has Materialized.
Premium Resources opened up to Public until the Weekend is over.
Note to Readers: February has been another tremendous month for my research opinions (and personal positioning), and with markets now at a crossroad, I once again want to take a moment to share exclusive research for you this weekend.
These posts will be made back to Private on Monday (after long-weekend is over), so take a moment and read them now on this beautiful sunny day.
You see, if you’re a long-time reader, you will witness me sharing premium research over and over again. Why? Because I’m proud to show you the guidance I’ve provided to members at critical moments. I do not see many others constantly sharing their previous research opinions, but I will continue to do so - right or wrong.
My goal is to share with you my methodology and its outcomes. If I win, I will inspect why. If I lose, I shall also inspect why. This is a game of probability, not one of certainty. To me, methodology is king. What is repeatable has enduring value.
If you appreciate my efforts to help you, please help me grow our Community by pressing the share button below. The premium research piece is opened to the public until Monday 2/20.
Read now (paywall removed) . Premium Report Link is also at bottom of email titled “Strategy and Insights: The Market Appears Strong on the Surface”
Public Friends,
I’ve got two things to celebrate with you this weekend: the first is that my Substack newsletter just crossed 10,000+ readers and the second is the success of our near-term opinion that SPX 4200 (and associated names) and BABA 120 was an incredible level of resistance and that downside would start to come to fruition. SPX has shaved off 150 points from those local highs, and BABA has shaved off 20 bucks.
You might think it’s strange that I’m cheering for falling markets.
To be clear, I am NOT cheering for falling markets. I am happy that my research methodology is playing out as shown to members, because that’s what matters, and by doing so I am able to accomplish a couple things:
Keep Folks calm and steady during shaky moments because they are informed ahead of time of my key opinions
Allow Folks to develop a strategy to incorporate potential downside targets into their own research so they can prepare appropriately
Help Folks to remember that downside is a big part of how markets operate and develop greater maturity in volatile markets
Help Folks actually protect capital and save precious resources during a moment of market confusion/FOMO/trickery
To this end, I believe I am enabling and empowering people who stay in my Community long-term to continually develop as Investors (and Traders if they wish to participate in shorter-timeframes).
And I do all this for 20/month. However, this may change in the future as serious investors know that this whole time I have created a 50-75/month service priced at 20/month. My pricing is deliberately set to help all the good folks out there. I hope you see this, and I hope you appreciate this.
My Community is different in that I am a participant in Intermediate-Term Investing (read this to understand what that is). I personally believe I am a strong market participant in Intermediate-Term Investing.
That said, I want to quickly talk about what I do/don’t do:
I don’t participate in extremely short-term transactions/trading.
My ideas are longer-term in nature. But don’t worry - they do not require years to play out.
My Strategy is deliberately designed to help you assess what’s coming up next for markets in the coming weeks and months. In my experience, the biggest moves for markets (and individual names) is on a multi-week/multi-month timeframe.
I’ll showcase a few examples of what we’ve been doing, and then I’ll release my premium report below to the public for you to read (will be made private by the end of Monday).
On U.S. Equity Opinions:
After the CPI Report, I listed a number of Downside targets on names that I believe may be reached in the coming 3-6 months. I periodically share Upside/Downside targets to help members assess proper risk/reward in markets as pricing move up and down the risk spectrum. At Friday’s lows, much progress was made on these targets (sooner than my expectations).
As a reminder, these targets are longer-term (3-6 months) in nature, but we can see that Members (hopefully) avoided buying at these local highs given my shared opinion.
On China Equity Opinions:
At the risk of sounding like Financial Advice (which this is not), Members will know that I strongly advocated for cutting BABA positions as we approached 120-130 on the name. The reasoning behind this is fully explained in my research notes. Going forward, even though I was correct in this, I cannot be so vocal about my opinions as this enters the realm of what Advisors do. Instead, I’ll let you know the level that I’m looking at, which happened to be 100 BABA. That said, BABA Target of 100 now reached. I still like China long-term.
I will make clear what is a Near-Term Opinion and what is a Long-Term opinion. China still looks good long-term. Nothing to worry about for long-term investors.
Here is my Premium Research released to the Public until the long weekend is over.
I hope everyone has an amazing long weekend, and I look forward to guiding you in markets going forward with my intermediate-term investing methodology.
In one of my previous updates, I wrote that “I hope to help you avoid being the exit liquidity to institutions that has plagued retail folks for much of 2022 (and soon to come, in 2023).”
I believe I have fulfilled this promise (and more).
Feel free to share with family and friends. I really do want to see you succeed!
Let’s Connect on Social/Resources (Don’t fall for impersonators, please):
Twitter: https://twitter.com/LarryCheungCFA
Linkedin: https://www.linkedin.com/in/larrycheung/
Instagram: https://www.instagram.com/larrycheungcfa/
My Brokerage: Interactive Brokers
If you’re new to my Community and want to understand what my methodology is (and isn’t), please feel free to read this.