How To Make Money When You LOSE… weight…
OK, this seems counterintuitive.
Here’s how to make money when you lose.
If your loss is all around your midsection - Yep Weight Loss - you can really make some hard earned cash!
Today the big news was all around Eli Lilly (LLY)...
STOCK ROCKETS 8% ON LOSING WEIGHT…
Their weight loss drugs - showed skyrocketing sales… and the company increased earnings guidance by $2 per share!
Mounjaro, and the sister drug Zepbound are all the rage.
The big limiting factor in the growth so far has been supply issues… which seem to have been fixed.
The stock has rallied huge - and honestly - I don’t see when the slowdown will happen - some are estimating Lilly will make $40 Billion in the next decade from these drugs alone!
The stock added over $60 BILLION to the company market cap just today!
While Lilly has been heading one direction - UP -
THE MARKETS ARE MORE CONFUSED THAN EVER….
Seriously, the sell off last week, followed by Monday’s massive dive had people searching for liferafts.
We rallied a bit Tuesday, fell Wednesday, and now we’re looking like we might hold onto gains today. Just look at this chart on the QQQ’s… a tech heavy index.
Source: Stockcharts.com
What’s causing the gyrations?
Well, first there’s news of a massive bond buyer’s bet on a recession. He pumped $2.7 BILLION into this bet.
His take is the markets are heading for a cool off. He expects Unemployment to get worse, with the Fed lowering interest rates - thereby driving up the value of bonds.
That’s not a good thing for the market - as thoughts of a recession mean the recent market weakness may be a sign of the future.
Well, according to the recent Jobs data - he might be wrong… or he might just be early…
But interest rates are falling too - possibly in anticipation of a fed rate cut.
Home buyers should be happy as mortgage rates are falling.
With all the market gyrations, I’ve got to know…
DID YOU TAKE MY ADVICE ON MONDAY?
If you remember, on monday I said:
If you’re a long term buy and hold Investor… If you love dividends…
Now is the time to dust off that long held “Stocks I’d love to buy, but are just too damn expensive LIST.”
Look at your investments - Find the ones you love - and start scooping up shares at these discounted rates… in 10 years you’ll thank me.
If you followed my advice - you’d at least be up in the short term… Reply back to my email and let me know what stocks you bought… Maybe I’ll mention them in a future article.
I JUST HOPE YOU DIDN’T BUY THIS STOCK…
One stock getting crushed today is Dutch Bros (BROS)...
Source: Stockcharts.com
That Chart is UGLY…
So what happened to Dutch Bros?
Their coffee didn’t go stale. ☕
They announced street beating numbers… same-store sales were up 4.1% and total revenue grew 30% to $324.9 million!
However… However…
Management said NEW store growth was going to slow. The result… $1.4 billion in company market cap… gone… like a spilled cup of coffee.
I think this might be a buying opportunity… a 20% loss on a stock because they went from fast growing to a little less fast growing?
Sounds crazy to me. What do you think - would you buy BROS as a rebound trade?