I am not a registered financial professional and your risk is your own. Invest at your own peril.

It’s been a minute! I’ve been traveling, working, and trading. Thankfully, I have a moment here to update you all on how the latter of these activities has been going.

Let’s look at the rote results of the past week:

Individual:

Roth:

As you can see, we’ve done quite well. The strategy has been mostly to sell cash-secured puts on $HOOD, but I’ve decided to change that up moving forward because what we’re looking at is a generational company with plenty of room to grow. I’ve had some people ask me why I am so bullish on $HOOD, and rather than look much at the past, let’s just consider a few things that will be coming down the pike soon:

• Robinhood Banking—a service that will surely further lock in users that will use the Robinhood platform on a generational basis.
• Robinhood Social—a newly announced social network based on finance and allows you to share your wins and losses with friends; there will also be leaderboards to see how you stack up against others.
• Shorting—while one financial instrument isn’t usually worth making note of, short selling definitely is. This will likely be a high-margin business for $HOOD and it’ll be the only place that retail traders can easily engage in the activity.
• Cryptocurrency’s cycle end—more of an idea than a service, we can’t discount that $HOOD will likely stay correlated to $BTC for the foreseeable future. The data seems to indicate that the cryptocurrency market will strengthening soon, and $HOOD will benefit.
• Unaccounted “Edge”—I don’t think there’s any good reason for legacy brokers like Charles Schwab and others to be trading at higher market caps than $HOOD, so until the company has overtaken some of its more established competition, I think there’s room to grow. People still doubt $HOOD, but they are setting the stage for total financial services domination.
• S&P500 Inclusion—perhaps the most important topic here, $HOOD will officially be a member of the SP500 on September 22. That means that most every 401K investor in America will begin buying shares with each of their paychecks. While I don’t believe $HOOD will see the same fanfare as something like Palantir ($PLTR), the performance of the stock price over the next year could look similar if the macro environment holds up.