$MA sales up + Rotation

4th quarter stock charts Dec 06, 2023

 

$MA announced retail sales were up 2.5% year over year for Black Friday weekend / Cyber Monday.

 

Excellent news for all their shareholders, as they essentially declared their earnings and revenue are up without saying it outright. $V would benefit from the same increased consumer spending.

 

$MA and $V are incredible growth and dividend stocks.

 

Every credit card swipe of your friends and neighbors makes you richer.

 

And so many people say credit cards are a terrible thing....Not if you own the stock!

 

$V and $MA have great dividends, and unless everyone stops spending, it’s hard to imagine a scenario where the stock price would fall off a cliff.

 

Add to this how we are moving to a cashless society, and this stock buy becomes a no-brainer for stability and growth.

 

$MA has a clear pattern of going up and down in a range. The trick is never to let it bother you when it goes down. It’s normal for this chart.

 

I love selling a month-long covered call when $MA peaks, with a strike price of $15+ more than the current price. The goal is to keep the stock and collect premiums along the way.

 

If the stock gets called away, no worries. I wait for a dip and buy back in.

 

One other tip is that we are now moving into a period of ROTATION in the market. This is when institutions move out of trading in one sector and move into another sector.

 

This is GREAT news. Stay tuned for the next blog where I'll get into more detail on this.

 

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