These are copies of the periodical Club Reports, along with editions of ”The Wrap” - the summaries that the club committee sends out to all members at the end of each month. They are posted here one month from the original publication. This allows club members plenty of time to take action first, based on any new official 10-bagger calls, sell suggestions, new deals, or the many member’s multi-bagger calls.
This was an interesting week, dominated by the shenanigans of a Discord/Reddit chat group WallStreetBets retail investors attacking the big hedge shorters. A very interesting story with much more consequences to play out from it.
In summary the ASX is looking very strong now as money comes pouring back into the market after the year end holiday. Next Tuesday is Australia Day holiday on ASX.
Our 10 point guide to 10 Bagging, how to transfrom $10,000 to $10 million.
Annual report and projects for 2021 for the 10 Bagger Club
Unless something extraordinary happens next week, this will be the final wrap up for 2020. And what a year it’s been. If someone had told us back in March that the markets would rebound and go bezerk in the way in which they’ve done, we would have called them crazy.
The portfolio, and the markets in general, took a bit of a rest through the week. You have to admit, it’s been a pretty good run…
What a week! Global stock markets continued to rally, with the Dow jumping through 30,000 level.
Global stock markets continue to look through the current gloom of lockdowns and focus on the prospect of a robust recovery in 2021.
Bitcoin (BTC) rallies hard to US$18,758, up from $16,000 at the start of the week (a 17% gain) Nils dropping a report this morning with predictions of it going to $500,000! Citibank now calling it to $315,000.
