The value of community and regular human interaction is underrated.
Trading and investing can be a lonely endeavor. It’s supposed to be boring. If you’re getting your dopamine fix by trading stocks, you’re doing it wrong.
Get your adrenaline rush somewhere else. Anywhere else really. Go skydiving. Go for a run. Play with your kids. It doesn’t even matter – just as long as it isn’t in the market.
Humans have been engaging with one another, sharing ideas, and telling each other stories for more than 30,000 years. We’re not built to sit alone in a room all day with a computer.
It’s better to do it together, surrounded by a great community. It’s not only better for returns. It’s better for the soul too.
Vegas Baby!
I’ll be in Las Vegas for the next couple of days with many of the greatest who ever did it.
All the OGs are going to be there – Josh Brown, Joe Fahmy, Sean McLaughlin, and many others.
If you’re in the for-profit business, you’ll be in Vegas this week. This is the place where the winners will be sharing ideas and building community.
The annual Stansberry Conference is happening, and I’ll be giving two presentations on Tuesday – one on the main stage and one closed-door private workshop.
Send me a note and let me know if you’re coming.
YOU’RE INVITED. Tuesday at 6 pm Vegas time, we’ll all be meeting at the Lobby Bar at the Encore for drinks and a discussion about the next era for social media and finance.
I’ve been there since Day One, and we’re the ones who are taking this amazing community to its next levels.
Someone had to do it. I’m just happy to be a part of the next generation of social and finance.
Come meet me in Las Vegas Tuesday. There’s nowhere else you’ll want to be. Trust me.
3 Charts for the Week
I have three charts that I think stand out as we head into the new week.
If you haven’t caught up on the weekend’s note, I highly encourage you to check out some of these sentiment data points that are helping to fuel this rally.
Here’s Walmart (WMT) breaking out to new all-time highs:
Speaking of taking advantage of our great community, my friend and consumer stock legend Jeff Macke tells me Walmart is the world’s largest employer, second only to the Chinese army.
That’s a wild stat.
Here’s another consumer stock that’s been left for dead and is in the process of a historic comeback.
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMHF) is a $300 billion-plus France-based, high-end consumer conglomerate. After its inability to complete this massive top, the failed breakdown is officially in:
The path of least resistance here is up.
What does that say about European stocks? What does that mean for stocks as an asset class? What does the strength here mean for the consumer?
Up, up, and up.
Finally, here’s Ethereum (ETH) digging in near all that former resistance.
If ETH is above $4,000, then the world’s No. 2 crypto is likely going to $7,000, then $8,000:
If you’re in the camp that sees a massive top in risk assets and a debt crisis and/or a recession coming – whatever it is you’re telling yourself to justify fighting trends – you want to see ETH break down here, back below those former highs from last year.
Otherwise, the path of least resistance remains up.
I hope you’re paying attention. This is what community is all about: giving, sharing, and learning from others around you.
Where do you think I learned all this from? It was all on the greatest financial social media app of all time, Twitter.
It’s now called X, and it’s still easily the best.
While it’s not perfect, it’s what got us here. Twitter is where we all met. I wouldn’t be here without it.
But now it’s time to take that torch and continue to build out our own community.
TrendLabs is right at the center of this revolution and I’m here to make sure we all keep winning, together, not alone, the way it should be.
Thank you for all your continued support. I love you guys. I’m grateful you’ve given me the opportunity to help lead our community.
I’ll see you in Vegas. Drinks on me!
Stay sharp,
JC Parets, CMT
Founder, TrendLabs