Hi Wealth Builders!
This week, the indexes ended lower. The inflation report caused a quick selloff, but we ended with a nice rally on Friday! Hopefully the rally continues into next week! Continue to stay patient, consistent and disciplined my friends 😊. Financial freedom will be worth it! 💸
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : -0.51%, closed at $467.27
DIA : -1.03%, closed at $361.28
QQQ : -0.97%, closed at $394.7
Sorry Boss 🤷♂️
Portugal makes it illegal for bosses to call their employees outside of work hours. This is very interesting...Work burnout is very real and it can negatively affect employees and businesses. Although productivity may decline, this can contribute to the positive mental well-being of employees which can produce a higher quality of work. If you're feeling burnt out, practice some self-care! Sometimes taking one step back will help you take ten steps forward 🙂.
Musk's Madness 🤯
Elon Musk sold millions of shares of TSLA this week. He comically had a poll on twitter, asking his followers if he should sell his shares in which he was already planning to sell eventually. Honestly pretty funny, but our investments aren't a joke. The actions of CEOs are important. Although entertaining, Musk's actions effect TSLA stock. TSLA is an exciting company to follow, but it has high volatility. We take everything into consideration before deciding to invest in a company. Consider revisiting our investing criteria and stay disciplined!
Global Trade 🤝
The Biden administration is attempting to ease tariffs on Japanese steel and aluminum. A tariff is a tax placed on foreign-made goods. Lowering tariffs can improve relationships between countries and help lower prices for consumers. Tariffs on imported goods make products more expensive, passing the price on to the consumers.
Here's earnings for the upcoming week:
Alibaba Group Holding Limited (BABA): $167.85 (-0.6196059%)
Coupang, Inc. (CPNG): $29.19 (-8.941421%)
The Walt Disney Company (DIS): $162.11 (-1.5298228%)
General Motors Company (GM): $61.82 (2.5558102%)
Lowe's Companies, Inc. (LOW): $232.32 (1.721763%)
McDonald's Corporation (MCD): $250.16 (0.20386733%)
NIO Inc. (NIO): $42.2 (1.113738%)
NIKE, Inc. (NKE): $166.97 (1.2696862%)
The TJX Companies, Inc. (TJX): $68.22 (0.8501932%)
Toyota Motor Corporation (TM): $179.03 (2.9994946%)
Home Depot Inc. (HD) 👷♂️🛠
HD is the the largest home improvement retailer in the United States. HD makes money by selling their products to consumers. Everyone has heard how crazy the housing market has been. With many people purchasing homes, they may want to renovate and adjust their newly purchased homes to their liking. HD can benefit from these home renovations. In addition, new homes are always being built, resulting in a consistent need for tools, materials, etc. Can we use HD to build our wealth? Let't check our their fundamentals! 🔎
2021-01-31 : $132.11B
2020-02-02 : $110.23B
2019-02-03 : $108.2B
2018-01-28 : $100.9B
2017-01-29 : $94.6B
2021-08-17 : beat (Estimate: 4.44, Actual: 4.53)
2021-05-18 : beat (Estimate: 3.08, Actual: 3.86)
2021-02-23 : beat (Estimate: 2.62, Actual: 2.65)
2020-11-17 : beat (Estimate: 3.06, Actual: 3.18)
Historical Stock Price Returns:
3-month : 12.67%
1-year : 31.67%
5-year : 185.54%
Home Depot, Inc (HD) Max Chart (Yahoo Finance)
HD has had a consistent increase in their annual top-line revenue. We see that the company has also had a strong upwards trend. Additionally, HD has delivered beats during their last 4 earnings. When we invest in long-term holds, we typically like to see an increasing annual top-line revenue and a consistent, strong upwards trend. Will you invest in HD? 🤔
Want to learn how to make monthly passive income, receive higher returns during bull markets and even profit off of stocks that are trending downwards? Join our wealth building community today by 👉 Clicking Here 👈!
Who Competes with HD?
A few of HD's competitors include Lowe's Companies, Inc. (LOW), Walmart Inc. (WMT) and Costco Wholesale Corp. (COST).
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team