logologologologo
  • Home
  • Business
  • Markets
  • Exchange
  • Investment
  • Personal Finance

‘This one is next’ — here’s why WallStreetBets founder Jaime Rogozinski is tapping Trump’s new SPAC as the clear meme trade of the day

Keeping a close eye on Reddit’s WallStreetBets forum has been a good idea for investors.

The 11 million-member Internet community led the charge during GameStop’s two-week 1,500% short-squeeze in January and is largely responsible for AMC Entertainment’s massive 1,800% year-to-date run-up.

Those incredible gains have led to the downfall of several hedge funds that made large leveraged bets against the companies in question, ultimately getting caught on the wrong side of the trade.

But what’s the next opportunity for retail investors?

In a recent interview with Stansberry Research, WallStreetBets founder Jamie Rogozinski discussed a few ideas — including the Trump-linked SPAC — that might provide the next set of big short-term returns.

Some of these suggestions are particularly volatile. So be sure to do your due diligence before making any moves.

Digital World Acquisition Corp (DWAC)

GameStop and AMC aren’t the only stocks that have shot to the moon this year.

In late October, shares of Digital World Acquisition Corp skyrocketed from less than $10 apiece to as high as $175 before giving up some of the gains.

DWAC is a special purpose acquisition company that plans to merge with a social media company linked to former President Donald Trump.

Trump’s SPAC is clearly “a new stock on the menu” for the WallStreetBets crowd, Rogozinski told Stansberry.

When asked about which stocks he thought the forum would ride next, he answered, “I think it’s clear that this one is next and I think it’s going to be a while before they move on to the next one.”

“This is not a short squeeze situation. I believe the move is based off of inherent demand for this thing. There’s a lot of excitement and I think the price speaks for itself.”

Today, DWAC trades at around $57 per share, marking a near 500% return in just a few short weeks.

‘Nancy ETP’

Famed investors like Warren Buffett and Cathie Wood are widely followed by retail investors.

But Rogozinski believes that investment moves made by House Speaker Nancy Pelosi’s husband Paul are also worth following.

In an interview with Business Insider last month, Rogozinski discussed the potential of a Pelosi-themed exchange-traded portfolio geared towards retail investors.

“I got this idea, somewhat of a joke, but I can’t shake it so I’m probably going to start pushing for it, which is this ‘Nancy ETP,’” said the WallStreetBets founder.

And in his interview with Stansberry, Rogozinski explained that the idea is to “capture some of these really exciting returns from the Pelosi family portfolio.”

A Nancy ETP might never become a reality. But investors can still keep a close eye on the family for possible ideas. Some of their largest investments include tech giants Apple and Microsoft, which account for about 17% and 14%, respectively, of the Pelosi portfolio.

To be sure, shares of both Apple and Microsoft currently trade in the triple-digits. But a popular investing app allows you to buy fractions of shares with as much money as you are willing to spend.

ETFs

This one might come as a surprise.

As the founder of a subreddit known for “yolo-ing” on out-of-the-money call options, Rogozinski’s personal investments aren’t exactly exciting.

For his own personal portfolio, Rogozinski likes the peace of mind that comes with diversified, low commission exchange-traded funds.

“If I’m actually investing,” Rogozinski explained in the interview, “I’m doing it correctly.”

“I’m diversifying, buy and hold, leave it in there, collect dividends. I’m happy with that.”

These days, investors have dozens of low-cost ETF options to choose from when it comes to achieving broad diversification.

For instance, the SPDR S&P 500 ETF tracks the price and yield performance of the S&P 500 Index and has a gross expense ratio of 0.0945%.

Another example is Invesco QQQ Trust Series 1, which tracks the Nasdaq 100 Index and has an expense ratio of 0.20%.

A little-known alternative

With inflation rising at a breakneck pace, it would be tough to blame investors for completely ignoring Rogozinski’s words.

The good news? You don’t need to limit yourself to the stock market at all.

If you want to invest in something that has little correlation with the ups and downs of the stock market, you might want to consider an overlooked inflation hedge: fine art.

Contemporary artwork has already outperformed the S&P 500 by a commanding 174% over the past 25 years, according to the Citi Global Art Market chart.

Investing in art by the likes of Banksy and Andy Warhol used to be an option only for the ultra-rich. But with a new investing platform, you can invest in iconic artworks, too, just like Jeff Bezos and Bill Gates do.

 

Related posts

February 3, 2023

Where Will AMD Stock Be In 1 Year?


Read more

Categories

  • Business
  • Content
  • Exchange
  • Inflation
  • Investment
  • Markets
  • Personal Finance
  • Technology
  • Uncategorized

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021

Recent Posts

  • Where Will AMD Stock Be In 1 Year?
  • Here’s how — and where — Netflix has started cracking down on password sharing
  • 2 reasons Meta stock is exploding 20% after a whopper earnings miss
  • Apple earnings: What to expect from the iPhone maker
  • Bitcoin closes out best January since 2013

About Us

The Alpha Cut a Vida Street LLC Company
1404 N. Ronald Reagan Blvd.
Suite 1120
Longwood, FL 32750

Link

(843) 256-4375
https://thealphacut.com

Why Us

Terms & Privacy
Policy & Procedure
Disclaimer

This material is not an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only.
Any performance results discussed herein represent past performance, not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, investment performance may be adjusted after the publication of this report. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, equal any corresponding indicated historical performance levels or be suitable for your portfolio.
All data in this communication is provided for informational purposes only and is not intended for trading or investing purposes. We expressly disclaim the accuracy, adequacy, or completeness of any data and content provided by financial exchanges, individual issuers, their respective affiliates and business partners and shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining our prior written consent.
We make no express or implied warranties or representations and shall have no liability whatsoever with respect to any data contained herein. The data may not be further redistributed or used to create indices or other financial products. This report and the views expressed herein are subject to change at any time based upon market or other conditions (such as domestic and global economic trends) and are current as of the date of publication hereof. The information, analysis, and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual or entity.
We emphasize that Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies, and can result in significant capital losses that may have a detrimental effect on the value of your investments.
Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.
Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment. The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.
Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth.As with any structuring of a portfolio of investments, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.
The information, analysis and opinions expressed herein are for general, impersonal information only and are not intended to provide specific advice or recommendations for any individual entity.

copyright © Alpha Cut 2021. All Right Reserved
The Alpha Cut a Vida Street LLC Company