Postcards: The Most Underrated Market Metric

Wednesday, October 25, 2023   Post-market, Alphabet (GOOG) took a hit on weaker cloud numbers, while Microsoft (MSFT) filled the gap with stronger cloud growth. Consumer defensive stocks rebounded today - while utility stocks are starting to awaken. Index Momentum S&P 500 Red Nasdaq Red Russell Red Postcards: The Most Underrated Market Metric Dear Fellow Expat: There are two primary routes from Southwestern Florida to Orlando. The first is the long asphalt stretch of Interstate 75 to the immense traffic jams that blister Interstate 4 from Tampa to Disney World. Option two is a sun-kissed drive through the heart of Central Florida's citrus groves. The three-hour trip takes you along winding roads through quaint towns like LaBelle and Lake Placid. These are places that time has forgotten - where locals refer to that intersection where the grocery store Publix meets the T-Mobile store as “downtown.” From October to May, you’ll see long stretches of orange and grapefruit trees, the processing plants for all that citrus, and tiny fruit stands and markets where you can load up on local produce. We’ve made this trip several times in recent years, and each time, we notice the long arm of “progress” chipping away at the agricultural real estate. More orchards are going up for sale… and property developers are happy to snap up acreage to build the next self-sustainable Margaritaville retirement community. Who can blame the farmers for taking the money? Citrus farming isn’t the easiest job in the world. It takes more than just overlooking trees. These farmers must understand climate, irrigation, soil quality, and disease/pest management. They need access to resources (especially capital) in a highly industrialized and competitive market. It takes a hedge fund manager’s knowledge to navigate market conditions and hedging strategies properly. Oh, and be sure to be on the lookout for Mother Nature… as hurricanes are a natural enemy of the orange groves. Farmers are increasingly tapping out, and orchard sales have accelerated over the last two decades. Since 2000, the number of acres dedicated to orange growing in Florida has declined by more than 50%. According to the US Department of Agriculture, there are now just 300,000 acres remaining. The trend brings new meaning to the lyrics of Joni Mitchell’s Big Yellow Taxi. “Don't it always seem to go That you don't know what you've got 'til it's gone They paved paradise, put up a parking lot.” [Click here to continue reading this postcard...]( Stay positive, Garrett {NAME} Secretary of Finance     PREMIUM CONTENT Dive into an in-depth analysis of Crescent Energy, a rising star in the energy sector and one of my top energy choices for 2023-2024. Guided by John Goff's strategic prowess and bolstered by a game-changing partnership with KKR, Crescent has set new benchmarks in the energy sector. Beyond its compelling backstory, this video uncovers the mechanics of Crescent's success, illuminating its strategy, potential, and future trajectory. [Sneak A Peek Inside the Trading Room](   REPORTS [The Momentum Handbook]( [The Secret to Huge Value Investing Profits]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( You are receiving this e-mail at {EMAIL}, as part of your subscription to Postcards. To remove your email from this list: [unsubscribe here]( Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Postcards | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday ­ Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication prior to following an initial recommendation. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions]( | [Email Preferences](