Charlie Munger🫶 I Elite Monthly! I 40 Off SAJ | | Hey folks, Jeff Bishop here. | Let me start off by saluting one of the greatest treasures in the financial world – Charlie Munger. 🫡 | He just passed away one month shy of turning 100 years old. | He and Warren Buffett have had an impact on countless investors around the world for nearly 50 years. | I learned more from reading his commentary and watching his videos than anything I ever did in business school. | There are so many videos I could share, but here is a great one if you want to get a glimpse of his simple genius. | The world would be a better place if we had more people like Charlie who didn't care about the media and just told the truth about how the world works. | With that said, I hope you're back in the trading rhythm after some quality time off with family and friends. 🦃🥧🌽 | (I know I'm hitting the markets hard after the bruising my wallet took on Black Friday and Cyber Monday!) | Last week, I shouted from the rooftops about a stock I felt was "in the early stages of a breakout," adding that "today specifically could see a significant move higher." | That email hit inboxes before the market opened Monday, and I warned that: | If you're reading this towards the end of today's reading session, you may have already missed the optimal window, and if you're reading this on Tuesday, you may have missed the window entirely. | Sure enough, not even an hour after the open, my readers feasted their eyes on this to look at: | | I was precisely right about the timing of this move, even though it surged higher and faster than even I thought possible! | The stock cooled down later in the day, but it still closed nicely in the green, and given the disclaimer I just quoted, I'm chalking that one up in the win column. | Now I'm eyeing another very interesting opportunity that I think is also very time-sensitive. | It's a tiny, Nasdaq-listed stock that is trading for just under $.40 (at least right now!) | I was actually watching this stock last month and was about to bring it to your attention then, but as luck would have it, they announced some incredible news, and the stock skyrocketed the very day before I was going to tell you about it! | I was ticked that I missed that move, but at least it proved that I was really close with my timing. | I was just one day off! Oh well… | At that point, I figured I would put it on the shelf and revisit it at a later date when the stock looked attractive to me again. | And that time is NOW! | After that massive move a few weeks ago, the stock has been quietly finding a base. Now that it has traded in a very tight range for the last couple of weeks, I think this is a great spot where it could find a spark again. | So, make sure you are ready bright and early tomorrow for my next "Bright Idea 💡" to land in your inbox, and I will share all of the reasons why I think now is the time to give this stock a look. | You should have it right around 9:30am EST as the market opens. | Have a great night, and I'll see you again in the morning! | To Your Success, |  | Jeff Bishop |
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