A Journey of Empowerment 🧗‍♀️

The call to adventure...will you answer it?

Snowfish
November 13, 2023

Welcome back!

Last week we spoke about changing the types of conversation and activities we’re having with our friends and families to be more productive, and with the end of the year just a couple of weeks away...🥁

Lets have some fun, we want to invite you on

“The Mindset Money Matters 6 Week Challenge!”

What if we told you that in just six weeks, you could unleash your true potential, break free from self-imposed limitations, and conquer your fears?

Would you believe us?...if not - Dare to try 😏

We know, we know the holidays are coming up (your first excuse)….Perfect! Give yourself the gift of change.

Besides, would you rather have the same old conversation with your family and friends as they nosily inquire about your relationship status, the job that you aren’t that fond of, or comment on how you raising those kids? Boring! 🙄

Switch it up on them and tell them how you’ve grown and empowered yourself. For the strategic players….forward them this post and invite them to do the Mindset Money Matters six week challenge with us; so when they ask you how, you reference back to the invite you sent them.

I. Mindset

As we approach the end of the year, it's an ideal time for reflection and renewal.

This is often when we think about the changes we want to make, the habits we'd like to break, and the struggles we aim to overcome. But the truth is, embarking on these journeys alone can be challenging and a bit lonely.

So we’re here to help!

Be part of the:

Mindset Money Matters six week Challenge

and get ahead of the 90% of “New Year, New Me” people who are starting in January.

To be part of the challenge now LIVE with the group comment “I accept the challenge” at the bottom of this post where it says JOIN THE CONVERSATION or click the picture below and message us “Challenge accepted” on Instagram.

If you prefer to do it on your own that’s ok too, follow the roadmap below and keep us posted on your journey! We are here to support you on your way.

Here are some common challenges people face and how the six week challenge can help you change for the better:

Procrastination: Tackle that tendency to put things off and boost your productivity.
Stress Management: Learn techniques to better handle daily stressors.
Fitness Routine: Establish a consistent exercise routine for better health.
Time Management: Optimize your time for more efficiency and balance.
Healthy Eating: Make conscious choices for a more nutritious diet.
Digital Detox: Reduce screen time and regain focus on real-life connections.
Learning a New Skill Set: whether it’s a musical instrument, language, new craft, becoming financially savvy etc.
Meditation Practice: Cultivate a habit of mindfulness and inner peace.

II. Money

The money section will consist of the challenge roadmap because this 6 weeks challenge is priceless and the gateway to unlocking your potential.

Here’s The Roadmap 🗺

Week 1: Self-Reflect, Identify and Set your goal

Start by reflecting on your life, your habits, and the struggles you face.
Identify the specific bad habit, struggle, or skill you want to tackle. Write it down.
Define SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) goals for what you want to change or overcome in the next six weeks.

Week 2: Prepare, Plan, and Partner

Research, gather resources, tools to create your detailed action plan. (Don’t stress out, we have your back.)
Accountability Partner - Find a friend or family member to join you on this challenge. Share your goals with them.

Week 3-5: Implement, Practice and Journal

Focus daily on your challenge- minimum 30-45 mins
Follow your plan and complete the tasks you've set for yourself. (We’ll help with some steps to give you ideas.)
Stay consistent and hold yourself accountable.
Document your progress each day in a journal or tracking app.
Check in with your accountability partner and be honest 😏

Week 6: Evaluate, Reflect, and Celebrate

Review your journey- How far have you come? Have you achieved your goals or made significant strides?
Reflect on the obstacles you faced and how you overcame them. How do you feel about your progress?
Celebrate Achievements: Acknowledge your successes, no matter how small. Reward yourself for your efforts.

Set Future Goals: Plan your next steps. What will you do with the momentum you've gained from the challenge?

Share Your Experience: Talk about your challenge with your accountability partner, share it with our community along with friends and family.

This challenge isn't just about encouraging change; it's about doing it together as a supportive and motivating community.

Picture yourself conquering challenges, shattering boundaries, and achieving goals you once thought were out of reach. Get ready to step into the unknown.

III. Markets

Market participants were digesting another heavy flow of earnings, but that news was largely overshadowed by moves in the mega cap stocks. Apple, Microsoft, Nvidia, Amazon, and Meta put the Bulls on their backs and carried markets.

Here are the main points from last week:

Better than expected earnings season with 90% of the S&P 500 having reported, Q3 2023 earnings results have thus far surpassed consensus expectations.
- Headline earnings growth of 3.7% YoY is well above the preseason consensus estimate which called for an earnings decline of -1.2% YoY.
30-year Treasury auction was a disaster a clear indication of weak demand for long term government paper.
- It seems yields were not high enough for investors to be enticed into purchasing bonds that far down the yield curve.
Fed Chair Powell's IMF panel discussion largely reiterated his remarks from November 1st, saying "If it becomes appropriate to tighten policy further, we will not hesitate to do so."

🚨 All eyes this week will be on 🚨

Consumer Price Index CPI Core prices in October are expected to hold steady at +0.3% to match September's as-expected increase. Annual rates are expected at 3.3% overall and 4.1% core vs September’s 3.7% overall and 4.1% core.

- CPI is a measure of the change in the average price level of a fixed basket of goods and services purchased by consumers. Monthly and annual changes in the CPI represent the rate of inflation for the consumer.

Producer Price Index PPI in October is expected to edge 0.1% higher on the month vs a 0.5% increase in September. The annual rate is expected at 2% vs September's 2.2% increase.

- PPI of the Bureau of Labor Statistics (BLS) is a family of indexes that measures the average change over time in the prices received by domestic producers of goods and services. PPI measures price change from the perspective of the seller.

President Joe Biden will meet with China's President Xi Jinping during the Asia-Pacific Economic Cooperation summit in the San Francisco Bay Area. The two leaders are bidding to stabilize the relationship between the world's two largest economies.

$SPY: traded sideways consolidating most of last week above its 430 breakout before continuing its rally Friday trading our 440 target.

The only difference we didn’t like about last week’s continuation is that it was mainly the Mega cap names…the Magnificent Six (AAPL, GOOG, MSFT, NVDA, NFLX, META) because Tesla sat this one out. We need participation from other sectors for this rally to be the start of something real!

SPY over 440 trades to 444,448,450,455. Under 433 trades to 430,426,422,418

$QQQ: also had a sold breakout trading to 378 Friday after consolidating for most of the week. It is only 3% from breaking its July highs after an explosive move in just 2 weeks.

QQQ over 380 trades to 385,390,395,400. Under 375 pulls back to 368,363,358

Most Anticipated Earnings this week

Trades Recap📊

Here are how some of our callouts did last week:

Interested in making your money work for you by getting our swing trade alerts ahead of time?

Comment at the bottom of this post “I am interested” for more information

🚘$UBER: Uber reported earnings last week and traded to our $52 target from a $30.85 swing entry (see below) for a 68% return on your money. This isn’t done as UBER has surprised everyone on Wall St….not us though.

Over $52 trades to $55,$60,$65. Failure to hold $50 pulls back to $46 and $44 for a new entry.

💾$AMD: gave that momentum continuation we wrote about last week as it traded to our next price target for +19.50% gain Semiconductors did show relative strength last week led by Nvidia.

So set your sell signal at our next price target, then sit back and relax.

AMD over $120 trades to $125,$130 and $135. Failure to hold $130 pulls back to $110,$105 and $100

$BTC: Bitcoin (our swing from 24,788 entry) traded to our 38,000 price target for +13,105 or 53% gain as we get closer to the Bitcoin ETF launch. This continues to setup as a sell the news play (as mentioned here) so don’t start having FOMO and chasing up here.

BTC over 38000,40000,44000,50000. Under 34000 pulls back to 30000 and 28000

Watchlist 👨‍🏫

Here are some charts we are watching this week:

🎯$TGT: Target is reporting earnings on Wednesday. To say it has lagged its competitors (Walmart and Costco) would be an understatement. Target is down -32% year to date and -58% from its November 2021 all time highs.

Is a trend reversal setting up or more pain ahead for its investors?

TGT over $113 trades to $116,$122,$128 and $135. Failure to hold $105 trades down to $95 and $85

$WMT: Walmart (the sector leader) is reporting earnings on Thursday. It is in a strong uptrending channel up +17% year to date and trading at all time highs +44% since its June 2022 lows.

Does it have more room to run and dominate or a pull back near?

WMT break and hold above $166 trades to $170,$175 and $180. Failure to hold $160 pulls back to $155,$148 and $140

*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, comment “I am interested” at the bottom of this post 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.

Photo by Mathias Jensen on Unsplash

In six weeks, you have the power to rewrite your story, break free from the ordinary, and design the life you dream of. 🙌

Don’t regret never starting.

I value your time and will strive to keep the content easy to read and short enough to get to the point!

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See you next week!👋

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