📈 The Millionaire Investor's Daily Routine

What’s on the Menu 🍴

After a selloff in markets last week, investors are going into this week focused on some important metrics…

So today we’re planning for opportunities in the coming week!

Let’s go:

• What to Watch This Week 👀

• The Millionaire Investor's Daily Routine 📈

• When Should You Sell Your Bitcoin? 📺

Today’s newsletter is a 5 minute read.

What to Watch This Week 👀

Risk taking in financial markets finally cooled off last week, as an uptick in interest rates drove the major stock indices down 1-2%. Bitcoin also pulled back about 4%.

Slightly hotter inflation reports in the US were the likely driver of higher rates, and those could remain a headwind for markets in the near term.

US 10YR yield up 23 bps last week

The US Federal Reserve, the Bank of Japan, the Bank of England, and the Reserve Bank of Australia will all set short term interest rates this week.

Only the BOJ is predicted to make a change to current policy this week however.

The market is currently predicting the Fed will remain in a holding pattern until June, when it’s expected to deliver a small rate cut:

Retail sales in the US came in at a decent +1.5% year-over-year for February, and both Nike & Lululemon will give earnings reports this week.

This week will also be chock full of macroeconomic releases, including the following:

• Bank of Japan interest rate decision (Mon)

• Reserve Bank of Australia rate decision (Mon)

• Canada inflation (Tues)

• Germany consumer sentiment (Tues)

• US building permits (Tues)

• US Federal Reserve rate decision (Wed)

• UK inflation (Wed)

• Japan trade balance (Wed)

• Germany manufacturing PMI (Thurs)

• Bank of England rate decision (Thurs)

• Japan inflation rate (Thurs)

• UK retail sales (Fri)

In addition to the data, we’ll be watching these assets & sectors closely this week:

📈 Rising Recently:

• Energy (XOP / XLE)

• Cannabis (MSOS)

• Gold & Miners (GLD / GDX / GDXJ)

• Chinese stocks (KWEB / FXI)

📉 Falling Recently:

• Large Cap Tech (QQQ)

• Software & Internet (IGV / FDN)

• Regional Banks (KRE)

• Real Estate (XLRE)

• Momentum (MTUM)

• Crypto (BTC / ETH / WGMI)

• US government bonds (TLT)

The Millionaire Investor's Daily Routine 📈

A finely tuned daily routine can be the compass that guides you to life changing wealth.

Over the past 15 years, my daily routine has gotten a lot more simple as I moved from a day trader spending 16+ hours a day in front of my computer to a swing trader spending only 10-15 minutes a day looking at charts.

Here’s an overview of a routine that’s made me millions:

1. Morning Market Scan: Before the sun peeks over the horizon, the day starts with a deep dive into the market's currents.

Running a watchlist scan is paramount; identifying which crypto assets and stocks are making significant moves sets the stage.

It's not just about the winners and losers; it's about understanding the story behind the volatility.

2. News Digest: With a steaming cup of coffee in hand, sifting through the latest news recaps becomes a ritual.

The focus isn't on every headline but on distilling what matters, deciphering market sentiment, and pinpointing potential pivot points that could shape trading strategies for the day.

3. Trade Review: The next step is a thorough review of open trades. This isn't a cursory glance but a strategic evaluation. Are any positions teetering close to profit targets or stop zones? Decisions here are critical, weighing whether to hold steady or to make a calculated exit.

4. Trendspotting: In the quiet moments that follow, the mind wanders to emerging trends. This is where creativity meets analytics.

What are the undercurrents that haven't yet caught the market's eye? Spotting these can unlock opportunities that others might miss.

5. Strategic Planning: Armed with insights and a clear understanding of market dynamics, the final step is crafting plans for future opportunities.

It's a blend of foresight and strategy, asking "What if?" and preparing for multiple scenarios.

This isn't about predicting the market but being prepared for its many moods.

The Return on Time (ROT): At the heart of this routine is a relentless pursuit of efficiency—maximizing ROT.

Some days, this meticulously honed process takes just 10 minutes; other times, it's a few hours of immersion.

But every day, the goal remains the same: to make moves only when the market offers a clear advantage.

This is more than a routine; it's a philosophy.

It's about embracing change, staying agile, and always being ready for the market's next big move.

The life of a millionaire investor isn't about constant action; it's about calculated, strategic action that makes every moment, every decision, count.

 Video Of The Day: 
When Should You Sell Your Bitcoin? 📺

With Bitcoin making new all-time-highs, people are starting to wonder: at what price should I sell?"

In today's video I breakdown a framework for helping you make a selling decision for bitcoin (and any other asset).

Food For Thought 🧠

"I am always doing that which I cannot do, in order that I may learn how to do it.”
- Pablo Picasso

DISCLAIMER: We are not investment advisors, and this content is for educational purposes only. We don’t offer financial, legal, or tax advice. Nothing we say is a recommendation to buy or sell any assets. Trading and investing are extremely risky, so please be careful and do your own research.