These R The Breaks: Joby Aviation | Semi Chips | Cryptocurrency Scarface

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):

Budgeting 101 - How to Fund Ur Investments?

Why Stocks as an Investment?

What is Ur Investment Profile + Personality?

How to Pick Stocks?

When to Buy Stocks?

How to Enter My Trade?

How Many Stocks Should I Own?

When to Sell Stocks?

Am I Speculating (Gambling)?

Joby Aviation Update (Ticker Change from RTP to JOBY)

I recently wrote about my investment in Reinvest Technology Partners (RTP). Remember that example I gave you of how people pool money together to pay for things like a vacation. Well RTP did that and invested in Joby Aviation. Joby Aviation is now a public company (similar to when a teen becomes an adult or like the corporate version of having a baby) and trades under the ticker “JOBY”. Joby went public so you and I can invest in their stock through our brokerage accounts. It is much more difficult to invest in a company when it is private. 

I won't disclose how I stumbled onto Joby as this is for subscribers, but I was happy to see some of my old friends have invested in this stock. I may have to add Reid Hoffman (founder of LinkedIn) Marc Pincus (founder Zynga) to my Mansa Musa network under my A-Billi Squad. Yes both are billionaires and I was delighted to see they were leading a group of investors that pooled money to invest in Joby Aviation. (Tip: I was an avid listener to the podcast "Masters of Scale" and really appreciate Reid's guidance on how to scale businesses)

The Breaks: The lesson here is to determine who you are as an investor. I woke up this week to a headline "Joby surges on 1st Day of Trading". I smiled like Ice Cube and began humming "Today Was A Good Day". I thought about selling my shares and cashing in on a good day but this is not my trading style (however it may be yours). But these are the breaks: After the initial hype, Joby came down to earth and is now trading under $10 dollars. For a stock like this I like to play the long game and with Uber and Toyota also being big time investors I can't wait for air taxis to hit the mainstream. It may take awhile but "Meet The Jetsons" is coming. Joby make electric air taxis that take off vertically (cool). Pros: So not noisy, cool experience and potentially a traffic reducer. I have a small loss on this investment and that's okay because for high risk - high reward investments, I only maintain a small position (roughly 1-2%) in my portfolio. We call this risk allocation and I want to take smart risks.

Palantir

Palantir just reported earnings. Earning is like when humans get an health check, however; for a public company they usually report their health check 4x a year (or every quarter). Palantir happened to report their earning this week and the stock was up big. This investment continues to be a solid perform.

Trust but Verify:

• I first blogged about Palantir here: https://urbanomics.blogspot.com/2020/10/baby-on-board-roku-palantir-draftkings.html  (Note: PLTR was a new kid on the block and many didn't know that it first traded at $7 a share)
• I then reminded you about Palantir here: https://urbanomics.blogspot.com/2021/04/when-to-buy-playing-offense-side-hustle.html
• Then here: https://urbanomics.blogspot.com/2021/06/how-to-buy-june-17th-prism-invest-in.html

The Breaks: As you've heard me say in the past, while location matters... price matters even more. I've traded this stock 3 or 4 times  in the last year via options and it's been tremendously profitable. In my retirement account, I bought a bit high (around $28) and I'm taking a slight loss right how. I'm holding long term because they are the ultimate conspiracy theory investment. I joke people won't do the right thing, until their backs are against the wall. Take schools and mask mandates. Kids are being sent home in droves and FINALLY schools decide to reinstate mask mandates. Hmmm why stop something that's working. Because we don't want to feel like we have to live like the rest of the world --- reliant upon the reality that we need each other as a community to survive. I wear a mask for both me and you.

Palantir also reminds you of the realities of today. They store data for big government entities and promise military grade encryption in the cloud. Who could ask for anything more...except a Toyota. So they will grow as our need for data and surveillance increases by governments. Why because big brother is always watching 👀

 

Context Logic (WISH)

This is truly a speculation trade for me. I was listening to a momentum investor talk about the activity in this stock. WISH has been a great trade for me, a fling, not something I plan to hold for the long haul. But flings can hurt. 

Lesson: I try to avoid holding flings into earnings season (see definition above) because the combination of a volatile stock and not being in love with that stock can really hurt when they miss earnings (or fail a health check). I've been a tad bit distracted with a growing business and earnings just came out for WISH.

The Breaks: WISH reported horrible earning. But remember price matters. WISH suffered a drop in price of 20%, however; I'm not deep in the red because the loss from earnings was offset by the trading gains I locked in here:

So I will be trading out of this stock, because a good girl gone bad... thank you Jay Z.

Chips & Crypto: Intel, Micron, Coinbase, Circle

I might be called cryptocurrency's Scarface if I would have been an early investor in Coinbase like Nas and mad an estimated $100 Million. But I like value stocks --- stocks that trade for a discount. Remember my candy bar analogy...I only buy them when they trade for 50c. Well Intel and Micron have been on my VALUE radar. Both have been great trades for me. Intel is a value play because it's fallen from grace but still has the name recognition of an aging superstar in sports or Hollywood. Micron, is still a solid stock that seems to deliver. Both have fallen recently in the news and I plan to continue to trade around them (or date). This means, I don't think we have a long term future, like I do with Roku, but we'll be dating for the next year or so. Remember price matters, and I'm watching them closely to ensure my trades stays profitable.

Intel surprised me as it just disclosed they are investors in Coinbase, a crypto currency exchange. So as the value of COIN rises, Intel may have some growth potential that is tied to new generation technology that relies upon a massive amount of chips...too bad right the kings of chips are: Nvidia + Taiwan Semiconductor.

And last, I am an investor in Concord Acquisition Corp (CND). Like RTP and Joby, CND is raising a bunch of money to invest in Circle, a crypto currency exchange and competitor to Coinbase. This is a speculative trade but I'm hoping to be the next cryptocurrency Scarface...like Nas.

Sorry Not Sorry...Don't Mind Me I'm Living a Dream #getthebag

How to Buy June 17th | Prism: Invest In Ourselves | Prism: Diversify Your Brand

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):

Budgeting 101 - How to Fund Ur Investments?

Why Stocks as an Investment?

What is Ur Investment Profile + Personality?

How to Pick Stocks?

When to Buy Stocks?

How to Enter My Trade?

How Many Stocks Should I Own?

When to Sell Stocks?

Am I Speculating (Gambling)?

Investing in Your Health

More to come on Investing in Your Health in Pt 2. But I wanted to send major love to Naomi Osaka. I'm proud she had the courage to walk away from this year's US Open when things didn't feel right. Her health and mental health is vital for herself, family, and career.

How to Buy + Sell Stocks

Over the last few month's I've given you most of the tips, that I've come to use over the past 15+ years of trading stock. I learned by trial and error and shared these examples so that you jump over my potholes, not step into them. Similar to the pillars, I've simply learned to invest by having discipline. 

1) I defined my personality which shaped my investing personality. In life, I like deals and buying things on discount so my investment style is the same. On Wall Street, they call this value investing (in my last post I dubbed in the "Cost Conscious" model). I have also realized that I am drawn to the underdog and redemption story. I personally believe through my life experiences that people have herd mentality and will often follow group think, tribal ways, and even bullying as we are wired to not appreciate outliers. I've be drawn to not drink the Kool-Aid and that has led me to companies that have  made bad decisions and received the occasional black eye. Go back thru my investments: Lululemon, Gamestop, AMC, and countless others needed a second chance. I simply did my research and bought enough stock that I am willing to lose (key concept). I don't have a gamblers nature, so this keep me sane.

2) I read and studied about investors, that I believe shared my personality. My thinking evolved over time and the #1 rule I share with people when they first start their investment journey is your first stock should be something you would be willing to invest $10K in EVEN if you only have $500 to invest. Prioritize investing, do a bit of gambling and you'll be ok.

I have a list of stocks that will be SOLD by tomorrow because they are expiring within a defined timeframe I set. Here is a summary of why I bought:

Novagold (NG): - My Paul Revere Trade - Inflation is coming and this is why houses, lumber, gas, groceries, and used car prices are skyrocketing. Awhile back, I bought Gold which tends to do well as inflation approaches.

Palantir (PLTR) - Being in Cybersecurity, I believe in data analytics. My cynical rationale is the government wants to collect LOTS of it. Hmmm, I wonder why. They will continue to land big government contracts which means $$$$

Par Pacific Holdings (PARR) - My Paul Revere Trade - Inflation is coming and this is why house, lumber, gas, groceries, and used car prices are skyrocketing. So if you can't beat up join up. When I go to the pump I don't mind...I have a hybrid electric vehicle which means that I'm not filling up often but I bought this Houston-based oil and gas exploration and production company so WHEN you go to the pump I benefit from high gas prices.

Magnite Inc.(MGNI) - The trend is online and this online advertising technology firm is my play on that trend. Magnite is SO NICE...I traded IT TWICE

Roku - I've traded this so many times...enough said

Micron (MU) - I bought this semiconductor stock because there is a shortage in semi chips. My Econ 420 class paid off. When there is a LOW supply of something you buy it --- WHY because the demand will go up and so will the price. 

Intel INTC) - I bought this semiconductor stock because there is a shortage in semi chips. My Econ 420 class paid off. When there is a LOW supply of something you buy it --- WHY because the demand will go up and so will the price.

Pershing Square Tontine Holding (PSTH) - This was my GAMBLE, notice out of all my trades I bought what I could afford to lose here. This is a SPAC investment and I am betting on my a-billi buddy, billionaire Bill Ackman. This investment will be buying a 10% stake in Vivendi Universal Music Group. So yes, I am technically the boss of some of your favorite music artists. 

Prism - Invest in Ourselves

1) Rich Paul (LeBron Jame's Agent) - Candid Interview About Business, Negotiation, Seat at the Table: 

Why I'm Reading: A great read on how to negotiate when the room doesn't look like you.

LeBron James’s Agent Is Transforming the Business of Basketball | The New Yorker

2) Black Wall Street + Tulsa Race Massacre: 

Why I'm Reading: History shows we can rise up, if we invest together.

9 Entrepreneurs Who Helped Build Tulsa's 'Black Wall Street' - HISTORY

Music - Longevity + Building Your Brand

1) Mount Westmore: 

Why I'm Reading: My takeaway is these rap legends have achieved longevity by diversifying their income. Don't rely on just one job. It will come to an end. Invest, Own Homes, Sell Products...or get disrupted.

One Surreal Night With the Rap Veterans of Mount Westmore - The New York Times (nytimes.com)

When to Buy: Playing Offense | Side Hustle 101: Pay to Play | Moral Vote

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

Coming soon is a post on Health -- The Body. You have to invest in and know the data about your body. Like many people of color, I get nervous about hospitals and doctors. Thanks to my corporate job, I was exposed to annual exams and blood tests. Unfortunately, when I made the shift to being an entrepreneur I didn't keep up with my annual exams. And it may be costing me...stay tuned for a future post on Health and how that impacts your Wealth. 

Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):

Budgeting 101 - How to Fund Ur Investments?

Why Stocks as an Investment?

What is Ur Investment Profile + Personality?

How to Pick Stocks?

When to Buy Stocks?

How to Enter My Trade?

How Many Stocks Should I Own?

When to Sell Stocks?

Am I Speculating (Gambling)?

When To Buy A Stock - Go On Offense 

Learning From David Tepper (Street Cred: #ABilliSquad Member Net Worth: $14.5B, When He Speaks Markets Listen, Owner: Carolina Panters; Charlotte FC (Major League Soccer): David has been a buddy for a long time. If you search my blog, he was instrumental during the financial crisis of 2008. When many were scared or unsure, wondering if the horrible housing bubble would ever end...David spoke calmly about what the Federal Reserve was doing and the fact that it was "Game On". He signaled it was time to be less afraid and start investing and that's what we did here. By following David's advice, we start investing around the lows of the market and our stock portfolios benefitted greatly.

So I wanted to share the following snippet from David for my "When to Buy A Stock" series:

"Tepper says big market corrections create big opportunities for investors and they need to spot those opportunities to become successful in investing.  

The investing legend advises investors to remain updated on all the market information and conduct thorough research before investing in a company to understand the best opportunities available."

Source: By Anupam Nagar ETMARKETS.com

Thanks David and in case you didn't completely follow what he meant, here is a "Detail" breakdown:

Market corrections create big opportunities - For us regular folk that don't speak Wall Street, he's simply saying to find opportunities to buy stock when the market is off its game.

What is a Correction? Try these example(s): 

a) When LeBron James, Serena Williams, or Tom Brady has a bad game (aka: market correction), INVEST -- they are ballers and will bounce back.

b) When you stand in line for hours on Black Friday freezing waiting for low priced deals (aka: market correction), INVEST -- buy that TV because those rock bottom prices are temporary.

This week I have 8 stocks that will expire profitably:

Tegna (TGNA) - Bought months before the elections when they media companies were at their lows. This is a hedge the stock will trade higher, as I have a big position in TGNA

Navistar (NAV) - Shareholders, like myself, approved the takeover from Traton. Small, but nice profit made here

P****** - This is a subscriber alert stock. We have a big position and continue to go on offense in this position.

Wabash National (WNC) - Small position, our play is to if things can continue to re-open...trucks will be on the road.

Viacom (VIAC) - Still on offense in this position. Read my previous posts

Roku (ROKU) - Still on offense in this position. Read my previous posts; This is a hedge and will be profitable by the end of the week

Snap (SNAP) - Small position, Snapchat is finding ways to make money off advertising and it's working

Palantir - I keep hammering this stock. I told the doctor who took care of me that Government, Cloud, and Security are forces that are converging.

Roku - So nice, I traded it twice 👌

#getthebag

Side Hustle 101 - Know Your Worth

1) Someone's Listening - Skipping College Sports Isn't Insane 

Why I'm Reading: Someone's listening. To keep it short, this article is about a league being developed to COMPENSATE high school athletes in a development type league prior to them being considered or drafted for the National Basketball Association (NBA). Again, I've been a broken record - NCAA makes money, colleges make money, coaches make money (and have radio shows)...the players are one injury away from devastation. On top of the fact on 3% of college athletes will make it to the professional leagues. I can sincerely say they ARE NOT being paid their worth.

Link: The game plan: Elite players find paths to pros besides NCAA (msn.com)

Prism - Voting is a Moral Issue

1) When I Lost I Shook The Opponents Hand --- I Didn't Get Revenge 

Why I'm Watching: The Ken's did an amazing job a few weeks ago. They used their muscle to alert the business community of a troubling development. A business community that was slow in it's initial response because businesses usually stay outta of it. Laws being developed across the country after record voter turnout. As a technology subject matter expert, I find it interesting we can use our mobile phones to securely gamble on sports and even purchase lottery tickets. Oddly, voters lines remain long, drop boxes are constantly argued, and more not less restrictions are being placed on this pillar of democracy. Making "progress" in our voting process doesn't mean you have to be progressive. Thank you Ken Frazier and Ken Chenault.

Video: 

Baby on Board - ROKU | PALANTIR | DRAFTKINGS

I keep saying I'm going to go back into stealth mode and limit my posts but there's an energy that makes me want post to our community of people looking to improve themselves. It's the primary way we affect change. We improve our mind, body, and our soul and use the 21st century model of capitalism to strengthen those that have less --- capitalism +. When companies have issues, they transform and invest in the areas of business that are suffering. I wonder who is investing in the black and brown communities in America and across the world. I don't need a handout, you don't, we don't --- we need an investment. It's commonplace for the wealthy to invest in areas that need transformation. We call these investments many things in my investment circles --- seed money, capital infusions or injections and they are critical in growing the companies that are babies today, but will be giants of tomorrow. Our hoods, bandos, barrios, and streets need investment NOT enforcement and they need to be nurtured and groomed. I will do my part and I'm hoping you'll join me. More to come very soon on how I'm using my own money to keep the dollars flowing through my community. 

But I'm here to change a longstanding mentality. Somewhere along the way the criminalization of segments of our population have caused knowledge of key stills to be lost. We are not teaching our youth about debt management, investments, how to grow your own food, care for self and how to build assets. These assets, when leveraged together, change communities, law, and even politicians. They grow schools, churches, and places to keep those most at risk safe. 

My biggest 3 accomplishments are the three children my wife and I nurture. Blessings to my strong wife as she recently delivered our 3rd baby girl. And in honor of my daughter, I am reminding you of how to beat the system. Spend when they spend --- if the fed is printing cash, the system will NOT fail. There will be bubbles and we are seeing it in the stock market, housing, everywhere. This is your chance to take calculated risks and build equity for your family and our communities. I'm investing primarily in babies at the moment --- that is young companies who are the wave of the future. IPOs, SPACs, and technologies that will fundamentally change the way we do business. 

I am hammering my winners over and over, hoping they eventually get sold out from under me as I execute trades that bet they cannot reach valuations I once thought were stratospheric. For example, I own Roku at around the $130s level. And every week, I make trades, begging the markets to take the stock away, first at $160, then when it reached this level $180, next $225, now I'm betting $240 and $260. What a time to be alive...Drake once said --- HAMMER this damn thing and keep the $$$ in our communities. My other trades are truly babies: Palantir just went public and Draftkings too. Young companies that used to protect the goverment's data and tax those that should be investing. 

I'm sharing trades I executed this week in honor of my 3rd daughter:

Palantir Technologies Inc [NYSE: PLTR] - Big data storage for governments, however; they promise privacy and no transparency. 

Roku Inc [NASDAQ: ROKU] - Transformational, we cut the cord and demand we pay for what we want to watch. Simple

Draftkings Inc [NASDAQ: DKNG] - I will hit this stock hard because Sports brings enjoyment and sports gambling is like playing the lottery for men...and some women as well.