But the perfect mattress for you can be tough to find, and like many people out there, I was also feeling apprehensive about shelling out thousands of dollars for a mattress. Until I tried one of the newer designs of mattresses from Casper.
Read more here.
Friday Charts: Why Stocks Love Jobs and I Hate Zoom
When Friday rolls around, we roll out the charts in the Trend Trader Daily Nation.
After all, a picture is supposed to be worth a thousand words. So we figure, why not embrace it?
This week, we’re serving up a timely snapshot on unemployment and one work from home stock that’s (finally) showing signs of imploding.
Are you brave enough to step up and short it?
Take a look and be sure to let us know what you think!
Stocks Love Jobs
The latest news out of the Labor Department on the unemployment front hardly has anyone singing.
Initial jobless claims have been hovering around 1 million for weeks. Normally, we want to see that number south of 350,000 claims.
But we’re not living in normal times. So we have to reset our levels and focus more on the trend.
And the trend is undeniable. Take a look:
We’re way down from the peak of around 5 million claims in the early days of the pandemic.
Here’s the thing — stocks love jobs. In fact, the relationship between initial jobless claims and the S&P 500 is undeniable.
As claims go down, stocks go up (and vice versa).
This strong inverse relationship is one of my favorite leading indicators. So if you’re trying to figure out where stocks are headed next, look no further than weekly initial jobless claims.
Zoomsgiving and Bust
I’m so damn tired of Zoom calls and the crazy disconnect in valuation and market size for the company behind the technology, Zoom Video Communications, Inc. (ZM).
I won’t bore you with my reasons for the former, but the latter couldn’t be more straightforward.
IDC estimates the entire market for video conferencing will hit $43 billion. In 2022, mind you.
And yet, Zoom’s stock is currently trading at a market cap of just over $125 billion.
In other words, the valuation is fully baked and then some, as Zoom only has a fraction of that market size in current sales.
It appears investors are finally waking up to this reality, too — even as the company tries to encourage more and more usage by offering no time limit on calls over Thanksgiving, since so many families will opt for virtual get-togethers.
The stock’s down 25% from its all-time high, dropping below support at the 50-day moving average.
But there’s way more room for shares to fall.
If you have the stones to short it, now would be an ideal entry. If you’re a tad more risk-sensitive, consider some cheap put options expiring in January or June 2022.
By then, the coronavirus will be gone — and so will all the unnecessary Zoom calls. Can’t wait!
Ahead of the tape,
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Get this Lanmodo Vast Pro night vision system intergrated with dash camera on Indiegogo now to save at $370
Lanmodo just launched the Vast Pro night vision dash camera on Indiegogo. They’re offering a massive 62% off retail for super early bird backers, their retail price is $599, and the super early bird price is $229, but based on previous campaigns these limited offers sell-out fast, so don’t hesitate to get yours here.
Lanmodo Vast Pro dual 1080P night vision system with a dash camera is an upgraded version of Lanmodo’s first-generation Vast night vision system. Studies show that most car accidents happened at night due to poor visibility and bad weather. Lanmodo Vast Pro is a driver aid for people who drive at night giving them a bright & clear view of the road even in inclement weather. Extending the driver’s visibility up to 984ft (300m), the Vast Pro gives drivers peace of mind so they can avoid hazardous road conditions.
Just like the first version of Lanmodo Night Vision Camera, the upgraded version is packaged in a well-organized box. The main product is covered with multiple foams to protect it from any kind of damage during transportation. Every part of the system was placed neatly in separate compartments to make sure the user can ensemble the product very smoothly
Key features of Lanmodo Vast Pro
- Dual 1080P colorful night vision camera–It uses low-light imaging technology due to which the drivers get a crisp and clear view of the road even in darkness. The front and back camera works simultaneously and provides a full-Color 1080P high-resolution image which is displayed on a large IPS screen to reflect the real road situation to the driver.
- Extending up to 984ft/300m to present a farther view –The camera reaches far beyond the car’s headlights to inform the driver about the road situation in advance. It extends up to 300m and features a 45-degree broad view which eventually enables the driver to take all the necessary precautions and minimize the chances of possible car collisions.
- Offering real-time recording of the road–As soon as you begin your ride, both the camera will start recording the footage automatically. The system has a capacity of 128G so in case of full storage the newest recordings will overwrite the oldest ones automatically. However, if the G-sensor detects any collision then it will lock the collision footage and keep it safe from being overwritten.
- Remarkable Dashcam with parking mode–The best part about Lanmodo Vast Pro is its ability to record even in the parking mode. Having video proof is crucial in an event of an accident, hence if the sensor detects a collision in the parking mode, both the cameras will automatically turn on and start recording the footage. Moreover, the monitoring is performed using OBD power which protects the battery from draining out rapidly.
The comparison between Lanmodo Vast Pro and built-in night vision system
The concept of having a Night Vision Camera is not new. Before Lanmodo, many luxury cars were equipped with built-in NVS. In fact, even now high-end vehicles like BMW, Mercedes-Benz, Cadillac, etc have their own built-on System. But these built-in cameras are very expensive and available specifically for limited models of vehicles. On the other hand, Lanmodo Vast Profits of almost 99% of the vehicles. Moreover, the black and white image provided by the built-in cameras is not friendly to the eyes. Due to 480 pixels, the images often become blurry. Whereas, with the Lanmodo Vast Pro you can expect high-definition full-Color images with 1080p resolution, presenting a clear image even in low-lit situations.
Early bird price $229(retail price $599)
The utility of the Lanmodo Vast Pro night vision camera not only provides you the reassurance that driving is going to be relatively safer but also eases the tension for you and your family. it is definitely one investment that you should make on your vehicle for overall comprehensive safety and riding comfortably. The best of all is that the super early bird price on Indiegogo is $229, but the quantity is limited, only for the top 50 buyers, once sold out, they will increase the price, so if this is what you are looking for, do not miss it!!
This Small Cap Rally is Just Getting Started
Grammy Award-winning singer “Beck” once proclaimed, “Where it’s at, I got two turntables and a microphone.”
I say, forget about two turntables and a microphone — small caps are where it’s at!
In fact, the small-cap Russell 2000 index is on an absolute tear. It hit all-time highs this week and has surged 86% (and counting) off the market intra-day bottom in March.
That’s a full 28 percentage points better than the large-cap S&P 500 Index over the same time period.
Today, I’ll explain why I expect this trend to continue…
And I’ll show you one of the easiest ways to profit from it…
Bigger Isn’t Better
A host of factors are turning into strong tailwinds for small caps right now.
First off, we’re witnessing a surge in retail investment. Chalk it up to boredom during the lockdown, or the desire to develop a side hustle trading stocks. The data is undeniable.
Citadel Securities estimates that retail investors now account for as much as 25% of the stock market. That’s up from only 10% last year.
And these investors are gravitating toward lower priced, small-cap stocks.
It makes sense: why own a single share of Amazon for around $3,000 when you can buy 300 shares of a $10 stock… or 3,000 shares of a $1 stock?
Logical or not, the psychology of price matters and influences buying behavior.
At a more fundamental level, small caps are poised to directly benefit the most in the current environment.
Why? Because most of them derive the majority of their sales and profits in the United States. That shields them from geopolitical risks, which are coming to the forefront in run-up to a change in power in Washington D.C.
What’s more, the U.S. economic outlook is improving. And when GDP growth accelerates, small caps outperform — again because they’re more domestically concentrated.
More specifically, the analysts at Jefferies, an investment bank, expect GDP growth of 4% in 2021 – a rate which historically drives small caps up 17%, or about two full percentage points, higher than large caps.
Last, but certainly not least, small caps are ideal takeover bait. And merger and acquisition activity is perking back up.
In fact, in the last month of the third quarter, total M&A activity increased 45% to $325 billion, according to GlobalData.
This surging urge to merge isn’t going away, either. Why?
As Jefferies analyst Steven Desanctis recently explained to CNBC, “You need consolidation in the market… Scale matters. You need to be big to compete in this world, so if you’re not big enough you need to find a partner and get bigger.”
In other words, for large caps to keep growing sales and profits, they need to keep acquiring small companies. It’s the only way to bolster growth quickly.
So, what’s the best way to play this small cap trend?
An Under-the-Radar Option
The obvious plays are one of the largest and most popular small-cap ETFs like the iShares Core S&P Small-Cap ETF (IJR) or the iShares Russell 2000 ETF (IWM).
But forget about being predictable and following the herd.
Instead, I recommend you consider a more under-the-radar and undervalued option – the Royce Value Trust Inc. (RVT) closed-end fund.
It’s the oldest small-cap closed-end fund, and is managed by Chuck Royce, the “Warren Buffett of small-cap investing.” We couldn’t ask for a better person to be picking investments for us.
Speaking of stock picking, that’s a key drawback to investing in small-cap ETFs. They are passively managed, which means we buy the entire index of small caps and, in turn, own all the winners and all the losers.
But by going with RVT, we’re getting an actively managed portfolio with a solid stock picking approach. According to Royce, this approach “Combines multiple investment themes and offers wide exposure to small-cap stocks (generally market caps up to $3 billion) by investing in companies with high returns on invested capital, or those with strong fundamentals and/or prospects trading at what Royce believes are attractive valuations.”
The performance data proves Royce’s approach works. The fund has outperformed the small-cap Russell 2000 index — period.
Best of all, the fund is currently trading at a 13% discount to net asset value, which means we’re literally buying all the small-cap stocks in the portfolio on sale.
I don’t expect the bargain to last long, though. So don’t miss out!
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