☕ Where the smart money is heading now

Good morning! 👋

It’s hard to believe that we’re down to this year’s final trading session. 

Here’s how I see things vis a vie a wide-ranging chat with the super-smart Kristen Scholer at the NYSE earlier today. (Watch) 

Long story short, there’s still a lot of money on the move.  

And contrary to what the legion of doom along with scores of clickbait artists masquerading as financial authorities would have you think, I believe all the selling recently sets up an amazing 2025. 

How amazing? 

Try the S&P 500 at 7,000+, perhaps even 7,100+ this time next year. 

Correlations are at a 20-year low which suggests that next 12 months will a stock picker’s market.  

Bluntly, those who know how to analyze major themes, market developments and competitive positioning will have the edge over those who don’t. Valuations have gone out the window and very likely will never return. 

Investors who grasp what’s happening and who look to the future will do very well but the diversifiers and allocators grounded in the past are going to struggle.  

You’ve really only got to get three things right as an investor in 2025. 

First, you must buy the world's best companies making "must have products and services" when nobody wants 'em & sell when others can't resist buying.  

Everything else is a risk you don’t want in your portfolio as once proud names have increasingly turned into hidden portfolio killers… thinkin’ Intel, Boeing, Nike, and Walgreens among others I’ve encouraged you to avoid like the plague this year. 

Second, you must keep risk as low as possible at all times by using a combination of the right tactics, timing and focus needed to beat Wall Street at its own game. And not for nothing, keep the odds in your court. 

And third, you have absolutely got to come to terms with investing in optimism as a source of consistent profit potential rather than cowering in pessimism and worrying about things you can’t control. 

The train is leaving the station. 

Generative AI, in particular, will unlock trillions of dollars in productivity, profits and market gains over the next decade as it accelerates. Every business on the planet will adapt, adopt or die. 

Another generation of millionaires is being created right now and, honestly, I’d like to see you be one of ‘em. 

Many of the names we talk about frequently could run dramatically higher next year even though they’ve already had big runs YTD… Palantir (+346.79%), Nvidia (+173.22%) and Walmart (+73.53%) just to name three at random. 

Others that we’ve yet to talk about could do even better! 

If you’ve got this covered, that’s fabulous but if not and you’d like some help, you know where to find me. 

Bottom Line 

People fear change because they overvalue what they have and undervalue what they could have if they gave that up. -James Belasco. 

You got this - I promise. 

As always, let’s MAKE it a great day. 

Happy New Year and thanks for being part of the 5 with Fitz Family! 

Keith 😀 

PS: The team and I are hard at work on the January issue of One Bar Ahead® and the 2025 Annual Outlook that’s included; we’ll publish that on the 10th so please keep an eye on your email. As always, I’ll be sharing specifics, new recommendations, hidden risks and more in the months ahead… all of which have more triple digit profit potential – hooyah!