Greedy's Vault - Volume 5

LevWedge Studios Presents

FRIDAY NOVEMBER 10, 2023

WHAT'S INSIDE:

VOL.5

Financial Advisors- Greedy’s Take This week In the markets Coming up!- Next week’s preview

Puppets | Perspective | Finance

Unveiling the Truth About Financial Advisors Welcome back, Mutants, to this vital edition of the Greedy Vault, where we unmask the often misunderstood role of financial advisors. These advisors can be seen as navigators in the complex world of finance, plotting a course for their clients towards their long-term monetary aspirations, encompassing budgeting, saving, investing, and retirement planning.

However, once the plan is active, their role doesn’t end. They monitor, adjust, and report back to their clients, keeping the financial ship steady.

Yet, here’s the twist, my fellow market voyagers. Your host, Greedy, urges caution when dealing with these "swamp things". It’s crucial to remember that not all advisors are created equal. Some are worth their weight in gold, but others... well, they can be more interested in lining their pockets than growing yours.

So, before you leap into the murky waters with a financial advisor, do your due diligence. Check their credentials, understand their fee structures, and most importantly, make sure their investment philosophy aligns with your financial goals and risk tolerance.

Remember, in the jungle of Wall Street, it's survival of the fittest. Don't let a smoothtalking advisor camouflage their true intentions. Stay informed, stay skeptical, and above all, stay Greedy (the good kind, of course). Until next time, keep your investments sharp and your skepticism sharper!

www.greedyshow.com

www.greedyshow.com

VOL.5 PAGE 2

Alright, Mutants, let's dive into the often-conflated world of brokerages and "having a guy". Yes, having a reliable brokerage account is essential—it's your portal to the financial markets, your treasure chest where you store and maneuver your assets. Schwab, Fidelity, Interactive Brokers, and the like, offer us retail investors the keys to the market kingdom.

But here’s where the waters get murky, and I want you to listen closely.

There's a vast ocean of difference between having a brokerage and having "a guy".

"Having a guy" can often mean having someone who's looking to siphon your wealth into their pockets with little care for where your dollars are actually going. We're not just talking about missed opportunities here; we're talking about active detriment to your financial health.

Let’s get this straight, every cent not invested in low-cost index funds or value stocks that are currently priced well is treasure potentially lost.

And let's not get started on using life insurance as a financial plan—it's not a strategy; it's a last will, a contingency that doesn't grow your wealth, it only acknowledges its end.

www.greedyshow.com FRIDAY, NOVEMBER 10, 2023

Commission-based characters? Keep your spyglass on them; their compass almost always points towards their own treasure, not yours. Do I ring up my broker? Sure, if there's an issue—but it's always someone at the helpdesk, no "personal guy" for me. And that's the point, Mutants.

You don't need "a guy" to manage your financial fate. Stay self-reliant, stay informed, and your financial ship will sail smoother and likely far richer.

Remember, in the Greedy Vault, we're about empowering you to take charge of your own financial voyage. No swindlers, no middlemen—just pure, unadulterated, greedy-for-knowledge investing.

Quote of the Week I’ve followed this advice, x3

If you want a friend on Wall Street, get a dog -Carl Icahn

www.greedyshow.com FRIDAY, NOVEMBER 10, 2023

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Hello, finance aficionados! Let's zoom into this week’s market activity, following the remarkable moves we observed last week.

Market Overview - **S&P 500 (SPX):** Ascended by 1.3%.

- **Nasdaq:** Showed robust growth with a 2.37% increase.

- **Dow Jones:** Modest but positive, up by 0.65%. **Bull and Bear Dynamics:** This week saw a dynamic shift with 745 Bulls and 412 Bears, indicating a bullish undertone in the market. A refreshing contrast to last week’s dramatic scenes! **Highlight on High Flyers:** Our 'Magnificent 7' stocks continued their upward trajectory, adding zest to the overall market optimism. **Trend Watch:** While the trend is bending favorably, it's crucial to navigate with caution. We're in a phase of transition, and the market hasn't entirely shed its uncertainties. **Bond Market Insights:** The 2-year and 10-year yields have shown some cooling, yet they're not in the clear. It’s a delicate balance that needs constant monitoring for potential shifts. **Technical Indicators:** The PPO nearing zero signals that we might encounter some market headwinds. Such fluctuations are typical, but they require strategic navigation. **Post-Earnings Season and Powell’s Influence:** We've come through a significant chunk of the earnings season relatively unscathed. Now, if only Jerome Powell can maintain a steady monetary stance, we could see this positive momentum build further. **Looking Forward:** As we approach the year’s end on a positive note, it’s important to keep an eye on early 2024. The market landscape could present new challenges or opportunities.

Remember, in the world of investing, staying agile and informed is key. Tune into the Greedy Show for weekly updates as we dissect and navigate the market's ever-changing tides. Stay sharp, stay greedy!

www.greedyshow.com FRIDAY, NOVEMBER 10, 2023

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Gather ‘round Mutants, class is in session

**Upcoming on The Greedy Show: Navigating Market Trends with Greedy's Scans** In the coming weeks and months on The Greedy Show, we're going to take a deep dive into my exclusive scans and what they're telling us about the market. It's been a roller coaster lately, and I'm here to decode the ride. **The Turn of Trends:** We've seen a dramatic shift from a bear-dominated landscape with over 1300 Bears just a few weeks ago, to a more balanced field of just around 400 today. Remember, whenever one of these trends crosses the 1000 mark, we know the market's cooking up something intense. **Bullish Uptick:** Now, we've got over 700 Bulls prancing around, which is a solid improvement, especially compared to the stagnant trends we've been seeing for the last 8 weeks. It's not off-the-charts insane, but it's a breath of fresh air. **Greedy's Strategy:** My scans and lists are my go-to for idea generation. I watch a lot of pitches and let most pass by. But when a trend repeatedly pops up on my list, it's a sign that it might be time to jump into the game. The key here is selective action based on consistent trends. **The Volatile Market Reality:** Brace yourselves for a wild ride in the markets. Algos and market makers use these ups and downs to rattle investors, but in reality, these fluctuations are opportunities in disguise. **Greedy's take:** Stay alert and ready to capitalize on these movements. In the chaotic world of stocks, the bold and the informed reap the rewards. So, keep your eyes on the prize, and don't be afraid to get a little greedy when the moment's right. Stay tuned for more insights on The Greedy Show!

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www.greedyshow.com