Investors,
This is a quick mid-week update for premium members in order to share a new stock that I just bought in my long-term portfolio and to give a snapshot of the purchases that I’ve made so far this week.
In fact, one of my favorite market commentators on CNBC just issued a sell signal on this stock, which is hilarious because he’s been terribly wrong about major market trends, even encouraging investors to sell mega-cap tech throughout 2023.
Clearly, that didn’t work.
Funny enough, I didn’t even know that he issued this sell rating until after I purchased the stock, but it made me feel even better about my decision!
Typically, I save these updates for the premium report every Sunday, but given the uncertainty in the market and the significant moves that I’ve made, I thought it was appropriate to send this timely update.
So without further ado, here’s a rapid-fire update on my long-term portfolio: