Step 2 - Explain your idea in detail with facts or charts. You can also link to an idea you've published from your TradingView account.
Step 3 - We'll give 100 TradingView Coins to the best pitches and 200 TradingView Coins to the ideas that get the most likes.
We hope everyone enjoys this event and we can do more like it in the coming months. Make sure to also use the comments below to meet others, chat about markets, and find new ideas.
It's important that we all support the most interesting ideas. It's not easy to openly share investment pitches as sometimes they don't go as planned, but that's why we need to encourage those who do. Sharing ideas helps others learn, find new opportunities, and give feedback. Additionally, those who are brave enough to share have skin in the game.
We look forward to reading all of the pitches! 📈
Own, hold and use crypto.
Probably one of my favorite things about investing and/or trading ideas is that they usually apply to other aspects of life. Get in touch with the very thing you understand as God. Get in touch with that, talk to it(in your head or whatever) and you'll beam like the sun.
When the current bubble pops, here's one story I think we'll tell about it: investors had abandoned solid fundamental metrics like Free Cash Flow and GAAP accounting in favor of heavily adjusted accounting like EBITDA.
This year I believe we are seeing a rotation back to a free cash flow accounting basis. That's why the freaking COWZ fund won't even give me a pullback to the 20-day EMA to add more shares. Not a single heckin' 20-day EMA touch since early March.
COWZ has a P/FCF ratio of about 7, making it a third the price of QQQ and less than half the price of SPY. It's less expensive by all other metrics too, including P/E, P/B, and especially P/S. COWZ is largely made up of companies that don't indulge in the accounting gimmicks that keep EBITDA high on crowd favorites like Tesla.
There are lots of great-quality companies in COWZ, but my favorite of the lot is IBM. With P/FCF at 7.88, IBM is a little pricier than some of the other holdings. (It's cheaper the overall ETF on a P/E basis, because IBM *does* engage in some of those accounting gimmicks.) But I like IBM because I think its growth potential is insane. This company has been the number one filer of patents every single year for over a decade, and by a wide margin. IBM is a leader not only in AI and cloud computing, but also in quantum computing. Quantum doesn't get the same hype some of these other technologies do, because only a few elite companies have access to it yet. But give it time. If some superpower or cryptocurrency blockchain encryption were to get brute-force hacked by a quantum computer, you'd suddenly hear a lot of hype. I also love IBM because of their announcement last week that they have developed a low-energy 2-nanometer computer chip. 2-nm chips are the holy grail of the semiconductor industry. IBM's breakthrough leapfrogs just about everyone in this space and puts it in a position to compete for semiconductor leadership with Taiwan Semiconductor Company, which currently trades at about 52 P/FCF. IBM is currently working on breaking upward out of its 10-year down trend:
Intel and TSM are working on 2 nm chips, but they won't be able to produce them until 2023. IBM has some time.