Happy Sunday!

Here's a quick update on the economy and stock market: The S&P 500 had a solid week, rising 1.74% and reaching a record high on Friday.

According to WSJ, investors are optimistic about potential deregulation and support for dealmaking under the new administration, contributing to the market's positive performance.

Looking ahead, major tech companies like Apple, Microsoft, Meta Platforms, and Tesla are set to report earnings this week, which I expect will have some ups and downs. My theory, is Apple will have weaker than expected sales in China, Meta’s CapEx spending is wicked high and may need to be justified, and Tesla could have a drop in topline sales and margins from a difficult 2024. Tesla is having major competition in China from Nio and Byd, and with Cybertruck sales slumping, the future sales projections are in question. However, the Model Y refresh is hitting soon! I expect Elon to focus on the Model Y refresh, the future taxi service (autonomous driving) and Energy Storage as the shining stars.

The family and I are headed to Disneyworld this week, so my newsletter will be on pause for two weeks. Big “thanks” goes out to Ruben for giving me all the Disney pointers. Don’t be a stranger if you see me at Disney!

Thanks,

Brian

Top Reads of the Day

🎁 China’s BYD Shark Pickup: Ready to Chomp on the Global Truck Market: BYD’s latest electric pickup, the Shark, is making waves and could give established truck makers some serious bite to worry about.

🎁 Zuckerberg’s AI Llama: $65 Billion Investment Incoming! Meta is betting big on AI with its Llama model, but with data center layoffs in the mix, the question is whether it's streamlining or just trimming the herd.

👍 This Week’s Video: Palantir - Should you Buy, Hold, or Sell? - Thursday

👍 Next Week’s video: Top Stock Under $10 - Here’s my version of this video from 18 months ago. It’s worth seeing what was on the prior list.

👍 Started watching Landman on Paramount+. In the words of Stephen King, “I hate myself for liking this”. Side note - Paramount + is the worst App ever. Anyone else have issues with it? And the constant commercials are overkill.

👍 Here’s the link to my portfolio. Keep in mind I share this for educational purposes. I am not giving any financial advice.

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