January 28 2023

The Watchdog on Wallstreet Weekly Recap for 1/23/23

Christopher Markowski Podcast Transcripts, Weekly Recap

chatGPT can PREDICT the stock market!?!?!?!?!?

Guess what? It appears that I will be able to keep my job. Oh my goodness! They inquired about Chat GPT’s ability to beat the market. That’s correct. It didn’t take long at all. Oh my God, could Chat GPT be the next “Magic Money Box” that instantly makes everyone rich? ah no. Chat GPT’s response: “It’s not possible for me to design an ETF that will beat the stock market because the stock market is unpredictable and past performance does not guarantee future results.”

Before you buy an ETF or stock, you should talk to a financial advisor like Markowski Investments to understand the risks and rewards and make sure it fits with your goals.

Don’t worry about The FED: Do this Instead!

So today we have more inflation and consumer spending data for the month of December. Inflation is currently at 4.4%. That comes as no surprise. Consumer spending is slightly off. All of this is accompanied by a weakening economy. Again, all the Wizards of Smart will run this through their “magic Fed box” in an attempt to predict what the Fed will do or what the Fed should do, and there will be plenty of opinions. Let’s say the Fed members went out the night before their meeting and got hammered. arrive the next day hungover and enraged and decide to raise rates by 100 basis points? It could happen. I doubt it will happen, but it is possible. What I’m trying to get across is: just don’t align your portfolio with what the Fed might do. Own high-quality companies.

Q4 GDP numbers: Manage RISKS!

So there’s a lot of economics coming your way today. The GDP in the fourth quarter was better than expected. The performance of durable goods was better than expected. However, the core was not particularly strong. It had a lot to do with the plane orders given to Boeing. You also had new unemployment claims, which were decreasing. People expected it to be significantly higher. We’re constantly hearing about layoffs. And all of these companies, or at least the majority of them, that are laying off employees are offering very generous severance packages. People may have to wait a little longer before declaring unemployment as they collect their severance, or they may be able to return to work before their severance is exhausted. Again, you must attempt to dissect all of this information. The volatility is not going to end. Manage risk!

To learn more about how to avoid the negative consequences of a bear market without sacrificing return potential, download our FREE report, “Growth Without Risk.”

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What you NEED to know about earnings calls and CEOS!

There are a lot of questions about Microsoft’s earnings calls right now, as well as the volatility that we’ve seen and the ups and downs over the course of the day. People, once again, do not trade earnings calls. That’s a sure way to lose. There are many algorithmic traders out there.

We talked about it. The markets are being pushed in a variety of different directions. What you need to know about earnings calls and CEOs is, first and foremost, how CEOs in this country manage their businesses. How do they get paid? They are compensated based on stock performance and exceeding earnings expectations. So naturally, they’re going to talk down their outlook moving forward. It makes it a whole lot easier to beat it and make more money.

George Santos and his PONZI SCHEME SCAMS

The Washington Post has a great piece on George Santos and his scams while working with this Florida company. This Ponzi scheme and how he took advantage of people. I’ve talked about it in my podcasts, radio shows, and “money minutes.” I’ve already written a story about this. I’m a fan of Greek mythology, especially Sisyphus. I compare myself to Sisyphus, pushing the rock to the top of the hill only to have it roll back down on me every day. Yeah, that’s the way it is when you’re dealing with ponzi scams.

I warn people. I’ll tell you what you should avoid. And people keep falling for it. Again, everything in life that has meaning, value, and worth involves work, time, and effort. If someone tells you that there is a shortcut with above-average returns and no risk, run!

Ron DeSantis wants to make school GREAT again.

Remember the Naked Gun and Richie Jackson’s words, “must kill the queen, I must kill the queen?” Well, that’s pretty much anybody on the left in the mainstream media, like they’re saying, “must kill Ron DeSantis.” Ron DeSantis made the suggestion that teachers take kids’ cell phones away while they’re in the classroom. To humanity, this appears to be authoritarian. That looks exactly like something Hitler would do. Yeah, these people are out of their minds. If I were a teacher, I’d have you hand over your cell phones as soon as you walked into the bloody classroom. My father was a teacher. If a student wore something inappropriate in his classroom, he made them put on a lab coat, for crying out loud. Being sensible does not make you a Nazi.

Biden Center Think Tank – MORE Documents!

We have a document. A classified document that is causing controversy and drawing more attention to the Penn Biden Center, a think tank.

Let me ask you a question. Can anyone think of a hit TV show, movie, song, invention, or good idea that came from a think tank? No, not one. What exactly are think tanks? They are designed for politicians to congregate for a time period. They gather money here, there, and everywhere, pat themselves on the back, and do nothing.

The Mindset of Elitism

I have a sad but not surprising story. This is the Fancy pants Island of Nantucket. It is the lifestyle of the wealthy and famous type of place. There is a developer there who wants to build a housing space. I was able to look at the plans and they were absolutely beautiful homes. But beautiful homes that are actually affordable for people who want to work on the island instead of taking the boat over? Again, this is a fancy pants place, and of course the fancy pants is, as Gordon Gekko said it best,”The thing about Wasps is that they love animals and hate people”, and they don’t want any of these people there.? Oh, you must continue to take the ferry. Again, this demonstrates the mentality of these individuals: sure, they have ribbons and stuff, but they don’t actually do anything.

Market Volatility is not going anywhere, anytime soon!

People have sent in numerous emails and questions. What’s with all the volatility? Guys, in case you haven’t noticed, the market has been extremely volatile in recent years, and it appears to be worsening rather than improving. There are myriad reasons for this. Last year, options trading reached an all-time high of 10 billion contracts. There is also algorithmic trading and high frequency trading. What does this mean? It means that if you try to participate and then stop filing, you’ll get your buttocks kicked, if you know what I mean. There is nothing you can do about the volatility. I also use options to hedge positions in certain portfolios for specific clients. However, it is insanity to try to trade these things. The volatility isn’t going away. You simply need to build a portfolio that can withstand it.

How to Build a High-Profile Portfolio

Having a high-quality portfolio that allows you to add to holdings whether the market is rising or falling is a realistic goal, and investment advisors like myself at Markowski Investments can help you get there. It is imperative that you contact us immediately.

Download our FREE report “Growth Without Risk” to learn more about how to protect your portfolio from the effects of a bear market without reducing your return on investment.

Money Minute 2 – 1/23/2023 Why there is no room for non-super rich plebes on Nantucket

Money Minute – 1/23/2023 Market volatility: why it’s getting worse