In this week’s episode, Dan and Kyle try to understand what the rising interest rates mean and why it’s wrecking the NASDAQ. We also discuss Porsche’s announced shift to EVs and the latest in the BABA and Ant Group saga, in addition to Blackstone Group closing the largest private equity fund they’ve ever assembled. In Stocks, Kyle details his near disaster when trading premarket on the phone. In Options, we give updates on the expiring contracts we sold along with a new strategy Kyle tested last week. If you joined our Discord, you saw a side bet happen during the week that might have an outsized impact on this month’s bet!
2 Bulls in a China Shop: 03/20/21
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This week’s poll question:
This week’s #2bullsinachinashop #podcast #poll question:
— 2 Bulls in a China Shop (@FinancialInept1) March 21, 2021
Will #interestrates end next week higher or will Powell’s upcoming testimony keep rates in check?#stockmarket #fed #bonds #investing #NASDAQ #yields #stocks
Per the conditions of last Month’s bet, here is the photo Kyle was required to send to Dan. This will be his Facebook Profile picture for the rest of March!
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Sponsorships
This week’s Sponsored content (Disclosure) is Sweet Earth Holdings. Check out our post here and if you want to learn more, follow this link: Sweet Earth Holdings
Our podcast is also sponsored by Sue Pullen at Fairway Independent Mortgage (MLS# 206048). Licensed in 25 states, if you need anything mortgage-related, reach out to her at [email protected] or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!
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Links:
Powell to Testify this Week
NASDAQ Falls on Interest Rate Concerns
MJ sales boost expected from Stimulus
Blackstone Growth Equity Fund
Ant Group IPO Valuation at $200 Billion
Porsche going EV
CLRBF Gains Foothold in Mass.
Discord
https://discord.gg/Q8hft2zMTM
News Articles
Quiver Quantitive
https://www.quiverquant.com/
Disclosure
Through an agreement with a third party, Financial Ineptitude, Inc was paid $110 on 3/20/21 to write this promotional content for Sweet Earth Holdings (CSE:SE)(OTC:SEHCF), which contains affiliate links. We are not licensed to give financial advice and nothing in this article should be construed as such. Please do your own research and consult with a financial advisor before making any investment decisions.
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