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This painting sold for $8 million and everyday investors profited
When the painting by master Claude Monet (you may have heard of him) was bought for $6.8 million and sold for a cool $8 million just 631 days later, investors in shares of the offering received their share of the net proceeds.
All thanks to Masterworks, the award-winning platform for investing in blue-chip art. To date, every one of Masterworks’ 16 sales out of its portfolio has returned a profit to investors. With 3 recent sales, investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but readers can skip the waitlist with this exclusive link.
Past performance is not indicative of future returns, investing involves risk. See disclosures: masterworks.com/cd
Proceeding With The Reading:
Happy Sunday ☀
In this week’s newsletter, you’ll read about…
💬 My weekly stock market overview as we reflect and prep the week
🧑💻 1 Company that may 10x in 10 years
🔓 📈 We added to our long-term portfolio. See what we added.
🔔 Get alerts when we buy or sell stocks. 7-day free trial on Discord.
📖 2-Minute 💭 : Weekly recap
Key Data of last week
Inflation, as measured by the Personal Consumption Expenditures price index, has fallen to a 2.6% annual increase, down from its peak of 7.1% in June 2022. (View Full Report)
Inflation is currently under our median projection from December 2022.
Economist Peter Cardillo commented on PCE data and inflation.
News & Earnings Pending This Week!
Outside of the main event of the FOMC meeting on Tuesday and Wednesday. We also have key data releases on Thursday and Friday. As always, expect volatility when you have news and data back to back.
Upcoming Earning Reports
The most critical earnings day is probably Thursday, with AMZN, META, and AAPL all reporting.
Trades we made last week in the Discord.
Gains are per 1 contract. Most traders can only buy 1 options contract at a time, so this gives a clear overview.
Winners:
- $AMZN 172 calls expiring this week. +$40
- $AMD 180 calls. Bought at .55 and sold at 3.00. +$245
- $BABA 179calls March. +$43
- /ES short 4712 down to 4906. +$300. If you can only trade micro futures, the profit is +$30
Losers:
- $NFLX 400p, earnings lotto. -$49
- $BA 235c, earnings lotto. -$30
1 Company that may 10x in 10 years
$SENS- Senseonics Holdings, Inc. (“Senseonics”) is a medical technology company focused on the development and manufacturing of glucose monitoring products designed to transform lives in the global diabetes community with differentiated, long-term implantable glucose management technology.
Recent Highlights & Accomplishments:
Info provided by Senseonics’s Investor Site.
Generated preliminary unaudited fourth-quarter revenue of approximately $8.0 million and unaudited full-year 2023 total revenue of approximately $22.0 million
Completed data analysis of ENHANCE trial and determined to advance to the next generation sensor platform as the underlying technology used in the 365-day and future products
Plan to review final data and submit an application for regulatory approval to the FDA with a target of 365-day once-per-week calibration product submission by the end of the first quarter of 2024
PHC Group continues to prioritize building its dedicated CGM organization with additional capabilities and leadership intended to strengthen focus and performance
Closed an additional $10.0 million draw on the loan facility with Hercules Capital, Inc. in the fourth quarter, further enhancing liquidity
Current Cost: $0.52
Price Target: $2.00
🤔 3 Mistakes Made By Retail Traders
In this section, we will explore the top four mistakes often made by retail traders, highlighting how institutional traders excel in avoiding these pitfalls.
Inadequate Risk Management:
Stop calling everything a lotto. You must take small losses to grow your account. Small accounts should only let things go to 0 or trade lottos if they have made a significant gain on the week.
Emotion-Driven Decision-Making:
Retail traders often make emotional decisions, which can be detrimental. The ups and downs of the market can cause impulsive actions like panic selling or chasing gains. Always expect 0. If you enter a trade with the expectation to see it go to 0, you will never be caught off guard.
Overlooking the wholistic view of the market:
Retail traders may lean heavily towards technical analysis, potentially overlooking comprehensive market analysis. Integrate technical and fundamental analysis to form a holistic view of market dynamics.
💻 Last week’s Blog Posts on SimplifyWallStreet.com
🗞 Today’s Sponsor: Masterworks
This painting sold for $8 million and everyday investors profited
When the painting by master Claude Monet (you may have heard of him) was bought for $6.8 million and sold for a cool $8 million just 631 days later, investors in shares of the offering received their share of the net proceeds.
All thanks to Masterworks, the award-winning platform for investing in blue-chip art. To date, every one of Masterworks’ 16 sales out of its portfolio has returned a profit to investors. With 3 recent sales, investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but readers can skip the waitlist with this exclusive link.
Past performance is not indicative of future returns, investing involves risk. See disclosures: masterworks.com/cd
Upcoming Thursday:
This Thursday, ✍️ From Simplify Wall Street
🏢 Are Chinese stocks a buy during their Economic Recession
🚗 Tesla’s Long Term Value
Day Trading Levels
FOMC thoughts:
What will be important this FOMC is that the feds continue to stand firm on their goal to cut interest rates. Due to many stocks like AMZN looking ready to break new highs along with NVDA, I assume that even if the cutting date were pushed from March to July, dips would be bought.
Longer-term view:
As we have traded above 4700, 4800, and now 4900, I will watch what develops as we get closer to an official rate cut announcement. The majority will be bullish, but if the first reaction is very bullish, it wouldn’t surprise me for the market to sell the news a few days later.
(Levels for the week. Investments added to our portfolio…continued)