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Check This Indicator Before Buying SOFI, SPOT or SHOP Stock

Check This Indicator Before Buying SOFI, SPOT or SHOP Stock

FromHypergrowth Investing


Check This Indicator Before Buying SOFI, SPOT or SHOP Stock

FromHypergrowth Investing

ratings:
Length:
50 minutes
Released:
May 18, 2022
Format:
Podcast episode

Description

We kick things off this week by digesting inflation as we see it through the lens of the consumer price index (CPI) print for April, which came out last week. And there’s good and bad news. It’s lower than what it was -- but higher than what we expected. Does this mean we’ve hit peak inflation?I’m one of those people who believe it has. As we enter the back half of 2022, the year-ago laps are going to be much tougher, and it’ll be harder to have a hot year-over-year print. That’s why many -- us included -- believe peak inflation has arrived. But that’s not the major indicator.Instead, we want to see inflation decelerating in the month-over-month rates, which has slowly begun. But does that mean inflation will go away anytime soon? Probably not. I think we’ve got a long way to go to fight this battle and it will be a rather painstakingly slow process to return to ~2% inflation rates. We’re talking another 16 to 20 months.The 10-year yield has begun to stabilize and, thanks to easing inflation, should continue to do so. And that will allow stocks to push higher if earnings remain strong. Although, in the event oil marches higher this summer with rising demand, inflation may jump as well -- and with rate hikes projected from the Fed, that could be a recipe for disaster for the 10-year and for stocks.However, I’ve noticed a ton of insider buying at Spotify (SPOT), Shopify (SHOP), DocuSign (DOCU), and SoFi (SOFI), where execs have all been buying the dip in a big way. And that’s because these management teams believe in their ability to cut expenses, ride through the market volatility, and grow rapidly on the other side. Indeed, insider buying volume has spiked to a two-year high. And simultaneously, insider selling has dropped to a two-year low. The last time this happened was in March 2020 -- right around the bottom of the pandemic-driven selloff. This is a pretty bullish indicator. The fact that insiders are buying and not selling has us excited about the stocks they’re accumulating.To hear more, hit the jump to watch and listen now.?Timestamps?0:00:00 - Intro0:02:00 - Peak Inflation0:11:50 - Insider Buying0:16:42 - Is the Fed Wrong0:29:00 - Ford vs. Rivian0:31:41 - Elon on TWTR0:35:43 - The Terra Aftermath0:43:50 - Fan Questions!?Join Luke's Free Newsletter: https://signup.investorplace.com/?cid=MKT502688&eid=MKT612161?Visit Our Website: https://investorplace.com/hypergrowthinvesting/? Subscribe: https://www.youtube.com/c/HypergrowthInvesting?sub_confirmation=1#Insiderbuying #SOFI #RIVN #SPOT #Inflation #Stocks
Released:
May 18, 2022
Format:
Podcast episode

Titles in the series (65)

Hypergrowth Investing is a weekly podcast that picks the brain of investment analyst Luke Lango. Each week Luke will take an in depth look at the trending tech and investment innovations. Electric vehicles, cryptocurrency, the metaverse, nothing is off limits in this innovative new podcast!