Welcome to a fresh chapter in the book of your life.

Every year, we excitedly enter January wanting the new year to be the biggest, looking to achieve the most, only to run out of energy or motivation by February/March.

It’s important to recognize life is about seasons and patterns, in order to understand where you are and where you are trying to go.

I. Mindset

As you stand on the doorstep of 2024, think about what type of year is this for you? Where would you like to be or have accomplished a year from now?

And know becoming better is more important than being seen as great.

We often get addicted to what makes it look like we are doing well; opposed to actually doing the things and becoming the person that makes us feel well.

(Read that one more time real quick so it doesn’t pass over your head)

II. Money

After determining what type of year 2024 is for you, let’s use that to drive your financial goals.

Whether you are learning how your money can work for you or experimenting with new investment opportunities- like the stock market or starting a side hustle, don’t look for immediate success but instead build a solid foundation to grow from.

By aligning your financial goals with the theme of your year — you are not just managing money; but shaping a future to enhance your life experiences.

III. Markets

The stock market logged gains this week making it 12 out of the last 13, bringing the S&P 500 to fresh record highs. Gains were more broad based compared to last week though with small caps leading the way +1.7%.

This week brought some pleasing data in terms of ongoing strength in the economy and cooling inflation, hence the “Goldilocks” term being used throughout.

🚨 All eyes this week will be on 🚨

FOMC Rate Announcement - after raising the possible number of future rate cuts but keeping rates unchanged in December, the Fed against the backdrop of strong employment and solid growth is expected to once again keep rates unchanged at the January meeting.

- The Federal Open Market Committee offers updates on economic conditions with special focus on the health of the labor market and the latest on inflation. It also updates the status of the federal funds target which is the FOMC's official policy interest rate.

Employment Situation - a 170,000 rise is the call for nonfarm payroll growth in January vs. 216,000 in December which was above expectations. Average hourly earnings in January are expected to rise 0.3% on the month for a year-over-year rate of 4.1%; compared to December's rates of 0.4 and 4.1% which were both higher than expected. January's unemployment rate is expected to rise to 3.8% from December's 3.7% which was lower than expected.

- The most closely watched of all economic indicators, the employment situation is a set of monthly labor market indicators based on two separate reports: the establishment survey which tracks 650,000 worksites and offers the nonfarm payroll and average hourly earnings headlines and the household survey which interviews 60,000 households and generates the unemployment rate.

$SPY: S&P 500 has been on quite the run the last 13 weeks up 20%, trading from 407 in late October to our 488 target last week.

Will Mega Cap earnings this week pour cold water on markets hot streak?

Microsoft, Google, Meta, Apple, Amazon, AMD are all reporting this week and they primarily have been leading markets higher the last couple of weeks.

SPY just broke out of its trading range last week but a 4-7% pullback would actually be healthy and a tremendous dip buy opportunity.

$QQQ: has also been grinding higher and traded to our 428 price target last week. Tech earnings will decide if this rally continues or a sharper pullback is in store.

All eyes will be on five of 2023's Magnificent Seven.

Trades Recap📊

Here are how some of our callouts did last week:

Interested in making passive income while you’re at work?

Comment at the bottom of this post “Swing trading” for more information

$RNA: Avidity Biosciences tagged our $12.50 price target last week for +71% return on your money from our $7.28 entry.

$DKNG: Draftkings our swing trade from $34.15 entry tagged our $38.50 price target last week for a 13.50% return on your money. 

Watchlist 👨‍🏫

Here are some charts we are watching this week:

$GOOG: Google had a big breakout over that $150 resistance last week trading to levels it hasn’t seen since November of 2021.

Google is scheduled to report earnings on Tuesday. Wall Street is looking for EPS of $1.61 and revenue of $71.11 billion. Investors will keen in on Google’s ad revenue, AI updates, and cloud business; which disappointed in Q3.

💾$AMD: Advanced Micro Devices AMD is having a hell of a January +27% as the semiconductors space continues to soar.

AMD will report earnings on Tuesday after the close, will this run live up to expectations? Wall St expects Q4 2023 revenues to be $6.1 billion indicating a 9% y/y growth.

🍎 $AAPL: After a rough start to 2024, Apple has climbed back thanks to optimism about its new Vision Pro mixed reality headset.

There are concerns on the Street that iPhone growth has been crimped by an increasingly competitive China market, and sales of both iPads and Wearables are expected to be down double digits. Macs are expected to rebound some thanks to hardware upgrades; while Services to grow double digits again.

$AMZN: There are 3 primary parts to the Amazon story now, and they all seem to be headed in the right direction. It starts with Amazon Web Services, the company's cloud business, which should continue to see benefits from the growth in AI workloads. And its advertising business, which is about to get a boost from the ads rollout on its Prime Video streaming service.

Q4 will also be a report card on the recent holiday retail season — and Amazon's progress in improving margins in the e-commerce business.

*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.

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See you next week!👋