Someone Tell Me They Caught That ChargePoint Trade

[Image](   [ARCHIVES]( [REPLAYS]( [WATCH LIVE]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( Bloomberg says you need AT LEAST $3 million to retire… I think I’m on track to double that. [See how I’m doing it here](..   March 04, 2023 Dear Reader On yesterday's morning show, I broke down a fundamental equation concerning Chargepoint (CHPT) during positive momentum conditions for my friend Kenny Glick. This simple yet powerful calculation is as follows: CHPT earnings plus Volume-Weighted Average Price plus Green Momentum Today equals Money Out of a Cannon. During our morning segment, I suggested looking at the March 3, 2023, 10.50 Chargepoint (CHPT) calls for a Friday lotto play. I anticipated the stock would likely experience a short squeeze, and that's precisely what happened. CHPT opened strong out of the gate, and the 10.50 call expiring yesterday skyrocketed from .05 to a high of .83.   IMPROVING SECTORS: Basic Materials, Communications, Industrials, Tech, Energy, Cyclicals   WEAKENING SECTORS: Utilities (weekly)   WATCHLIST: MOS, LNG, COP, CHPT, PLUG, AMD   [YouTube](   If you were able to take advantage of this opportunity, congratulations! Please feel free to send me a note and let me know how it went for you. Overall, this is an excellent example of how momentum and technical analysis can identify potentially lucrative market opportunities. So let's continue to keep an eye out for similar setups in the future. ([click here to find the best performing hyper momentum stocks]( To Buyback or Not to Buyback Recently, I had a fascinating discussion with Money Map's Chief Investment Strategist, Shah Gilani, about buybacks. As a follow-up, I wanted to take a closer look at [Yardeni Research's corporate briefing]( which offers valuable insights into the current state of buybacks in the market. At the start of the year, we predicted a potential downside of 3200 for the S&P based on a few key factors. One was the expected removal of around a trillion dollars from the Fed's balance sheet. However, it turns out that central banks in China and Japan have added more than that to the global liquidity situation. The second factor we considered was the continued stall-out of buybacks. There are a few reasons for this. Firstly, the introduction of a 1% tax on buybacks via the inflation reduction act is likely to push companies toward dividend-based assessments. If we were to remove all buybacks from the S&P 500 over the last decade, the index would likely be around 20% lower. However, assuming that the money is effectively reallocated through dividends or reinvestment for a higher return on assets, the market is likely down by 5-10% comparatively. It's worth noting that buybacks can significantly impact underlying prices, and whether they're good or bad depends on a case-by-case basis. For example, companies that engage in excessive buybacks without setting aside a rainy-day fund may create moral hazard and require a bailout in the future, as airlines have demonstrated. On the other hand, companies in the energy sector are returning capital to investors through buybacks because they have few alternatives. For these companies, the decision to buy back shares indicates that they're doing everything they can to maximize shareholder value. Exxon has an F-score of 8, while Chevron's buyback program is larger than all but 12 companies in the US Energy System, with an F-score of 9. It's these types of companies that get vetted for the [Flashpoint Long-Term Portfolio](. While some companies may be tempted to use their capital to make acquisitions or expand production, such moves aren't always the best choice. They could reduce gross margins, impact return on assets, and increase leverage. Bank On It! [Tim Melvin]( stopped by the show on Friday to dive into momentum, the current state of community banks, and their importance in today's market. We discussed how large banks, such as JP Morgan, are doing everything they can to keep money in deposits as the threat to bank deposits has become a real issue for the first time in many bankers' lives. This has led to rural and small-town banks with sticky deposits becoming attractive targets for acquisition. Triumph Bancorp (TFIN) is a prime example of a bank that has successfully used small-town banks with super sticky deposits as a financial service and factoring firm for a large swath of the US trucking industry. Tim also answered some questions from our chat and looked at two specific tickers, New York Community Bank (NYCB) and Lincoln National Corp (LNC), that he believes are undervalued and have strong potential for growth. Both banks offer high dividends and have committed management teams, making them attractive long-term investments. Community banks remain a crucial component of the economy and are worth considering for those looking for stable investment opportunities. You can rewatch the segment below. ([Tap Into the Brain Power of Garrett and Tim with Hyper Momentum Trader]( Enjoy Your Weekend, Garrett {NAME} [Did you miss the show? No worries, we’ve got you covered.](   [America’s]( Now on Sale]( America’s #1 Pattern Trader, Tom Gentile, is tracking three economic catalysts that just merged – creating a 10X trading opportunity. Investors have paid thousands for this intel… But you can get started with nearly six times LESS. But soon – this Darknet offer will end, removing today’s [95% off entry rate.]( REPORTS   [Welcome to Momentum]( [Trading Momentum]( [Trading Fundamentals]( [Trading the Fed]( [Trading Insiders]( WATCH REPLAYS   Don’t waste your money investing on Microsoft, Google andMeta or any big company to capitalize on the Artificial Intelligence Boom.Here is how to [Invest in the AI Revolution starting with as Little as $1.00.]( [Watch the Show!]( [Sneak A Peek Inside Flashpoint Trader](       You are receiving this e-mail at {EMAIL}, as part of your subscription to Midday Momentum. To remove your email from this list: [unsubscribe here]( Please do not reply to this email as this address is not monitored. 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