Happy Sunday!

Last week, Quantum Stocks took a major hit after Jensen Huang’s comments about the technology. In my recent Quantum Stock video, I spoke to how most of them were overpriced and needed to come down. Well, I finally got my chance to buy Rigetti last week. I also bought a lot more into Nvidia and Palantir. If you recall, Palantir is another stock that I’ve stated will have some corrections in the next few months, and it fell 12% last week, which I gladly took the opportunity to buy more. 

On the economic front, the December jobs report revealed a robust addition of 256,000 jobs, surpassing expectations and bringing the unemployment rate down to 4.1%.  And CPI data showed a 0.3% increase in November, with  a year over year rise of 2.7%, which is kind of stable. 

 Stay warm, my friends,

Brian

Top Reads of the Day

• Mass Deportation’s Impact on Inflation and the Economy How deportation could exacerbate labor shortages and drive inflation higher.

  
  

Here’s a look at the January Seasonality of investing in the S&P 500. It’s been in the positive over 80% of the time over the past 3, 5, and 10 years. Average returns in January is near 3%. With a Max Drop being in 2022 at -11.4%! And 2019 had the largest Rise at +8.06%.

1. This Week’s Video: The Top Stock Congress is Buying - Thursday

2. I am trying out a few new editors. Feel free to share feedback on how the videos look.

3. Here’s a LINK to my updated portfolio.

4. Last week was my birthday, and my best friend bought me the wildest gift. It is a setup for SDR - Software Defined Radio. It’s the ability to pick up all types of radio signals from your computer and a USB antenna. It’s been a cool learning.

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