Welcome back!

There's a saying that goes,

"There's a reason why the bus has 30 seats and a Ferrari only has two."

This saying holds a profound truth about the choices we make when it comes to the friends we surround ourselves with, the relationships we have with others.

Now this post is not meant to disrupt friendships or stir up the pot but instead help evaluate our relationships and activities with those around us.

How can our friendships shape our future?

I. Mindset

Let's talk about the "bus passengers" in our lives. No disrespect to anyone who rides the bus, we’ve all ridden it- this isn’t about that.

These are the friends who have grown comfortable with their daily routines, content with where they are in life, and reluctant to learn or try new things.

They often find themselves living in the past, reminiscing about the good old times, and showing little desire for growth or creating new experiences.

These relationships (on your bus) are comfortable sitting on cruise control knowing eventually their stop is coming up.

On the other side of the spectrum is the Ferrari two seater.

A high-performance vehicle made for individuals always seeking new challenges and uncharted territories. Individuals who focus on pursuing their dreams, aspirations, and are not afraid to set ambitious goals doing whatever it takes to achieve them.

These friends feel a need for speed! They put in the work and sacrifice with you to get that Ferrari. Pushing you and challenging you week in and week out to be better.

Are your friendships contributing to your personal growth or are they holding you back?

Let’s reflect on your relationship with others, do they all fit on the bus? Because the Ferrari only has 2 seats.

Surround yourself with individuals who inspire you to take on new challenges and learn new skills because they will support your growth.

You have the ability to be the creator of your life experience.

II. Money

This concept is not just about vehicles; it's about choices.

How does it relate to your financial journey?

Think of bus friends as individuals who stick to the same financial routines- spending on the same activities they've done for years - the bar on Friday and Saturday, accumulating debt trying to stay hip or impress people they don’t even know.

Not prioritizing savings or investing in assets that grow, content with their financial comfort zone and living to spend their paycheck on the weekends.

Ferrari friends on the other hand, actively seek out financial growth and embrace new challenges. They educate themselves to invest wisely, actively look for opportunities to accumulate assets and understand that financial growth requires making sacrifices and planning properly.

To create a life that's more in line with your dreams and aspirations, it's crucial to change the type of conversations and activities you engage in with your friends.

III. Markets

S&P 500 is trying to hold its 200 day moving average, is a flash crash on the horizon? 📉😨

🚨 All eyes this week will be on 👀

Earnings from Mega caps: Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Amazon (AMZN), Visa (V), UPS (UPS), Chipotle (CMG).

Gross Domestic Product GDP: Third-quarter GDP is expected to accelerate sharply to 4.1% annualized growth vs second-quarter growth of 2.1%.

Pending Home Sales Index: Pending home sales in September, which in August fell 7.1%, are expected to rebound a slight 0.2%.

$SPY: gave a big rejection at that 438-440 resistance we wrote about last week and broke its flag to the downside trading to our 420 target. This is a very critical level for Bulls as we can see a flash crash (hard selloff) if SPY fails to hold its 200d m.a. as stop losses get triggered and people start rushing to the exits.

Our bearish hedge play with SPXU and SQQQ from this video are on and up nicely.

$QQQ: after several days rejecting that 368 resistance broke its flag down and sold off sharply trading down to our 355 price target. Exactly how we talked about in Office Hours last Monday and spoke about in the hedge video weeks ago. This will be Qs 4th attempt at testing 355 support, the more times it test it, the weaker that support gets.

This Week’s Watchlist 📊

Here are some charts we are watching this week:

If you are interested in making your money work for you by getting our swing trade alerts ahead of time, reply back or comment “I am interested” for more information

📺$NFLX: Netflix was our BIG +$56 or 16.50% winner from last week as it beat earnings and traded to our 400 price target. See what we said here. Netflix is not done folks, if it can hold above $390 we can look for continuation.

🚗$TSLA: Tesla was also a nice trade +$41 or 16.40% as we were bearish on it and it broke down. Here’s what we said. It too may have continuation this week if it can’t hold $210 support.

💻$GOOG: Google is reporting earnings on Tuesday. It is in a steep rising wedge struggling to break through that $140. If we get a surprise in earnings or forward guidance look for it to pullback some.

$META: Meta is in a strong uptrending channel and has been one of the BEST performers all year. It has been trading in a $40 range $285-$325 since June; bullish above, bearish below.

$BTC: Bitcoin (our swing from 24,788 entry) has shown relative strength compared to markets as investors get a feeling a bitcoin ETF might be closer than it first seemed. BTC formed a higher low at 26,600 and is on its way to test our first price target at 32,000. This is its 3rd attempt at it.….can it finally break through?

This is setting up for a perfect sell the news play.....where smart investors accumulate at key levels in anticipation of the news then once the news is announced they sell to chasers.

*None of these stocks above are recommendations to buy, sell or trade. We do not give financial advice, you should always do your own due diligence and practice proper risk management.*

If you are interested in getting our swing trade alerts ahead of time, reply back or comment “I am interested” for more information

This segment is brought to you by Ceni Capital which was founded as a way to foster a community of like-minded individuals and empower them to create long term wealth by capitalizing on shorter term investments. Check out their FREE Finance Fundamentals Series to help you become more financially savvy.

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