HSAPAY's week 33 of 40 Baby Fund Plan

Aug 22, 2023 9:30 pm

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Welcome back ,


Here's HSAPAY's weekly update for August 22nd, 2023 that'll help you and your growing family navigate the complexities of utilizing and investing in your HSA.


HSA Weekly Roundup

  • Your Boss has your back!
  • Crossfit athletes love their HSA!


3-6 Month HSA Investment Return Entries


3 Month HSA Option Investment Opportunities




Your Boss has your back!

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Did you know that your employer can contribute to your HSA on your behalf? πŸ’°πŸ’Ό Not only does this help you save for medical expenses, but it also comes with a major tax advantage! 🌟✨ These contributions are excluded from your taxable income, meaning more money in your pocket! πŸ’ΈπŸ’ͺ πŸ’―πŸ’° Take charge of your future and talk to your HR department today to see if your employer offers this amazing benefit! πŸ—“οΈπŸ“ž #FinancialWellness #EmployerBenefits #HSA #TakeCharge #wellbeing




Crossfit athletes love their HSA!

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Unlock your full potential as a CrossFit athlete! πŸ’ͺ Did you know that your employer can contribute to your Health Savings Account (HSA) on your behalf? These contributions are excluded from your taxable income, giving you the financial support you need to crush your fitness goals. πŸ’₯ #CrossFit #HSA #FinancialFitness #wellbeing #hsapay #healthcare




3 Machine Learning Stocks Analysts Expect to Rally

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πŸ”’ Crowdstrike (CRWD) is a super cool cloud-based cybersecurity company that protects its clients with endpoint protection, threat intelligence, and incident response services. Their Falcon platform uses AI to detect and prevent threats and identify user behavior! 😎 CRWD's current market cap is a whopping $36.49 billion - wowza! πŸ’° Their shares have soared up 44% in 2023, which is way more than the Nasdaq 100 Index's ($IUXX) rise of 36% - go CRWD! πŸš€


ServiceNow is a cloud-driven IT services management company that's worth an impressive $113.01 billion! 😱 They have a massive global customer base of over 7,700, including almost 85% of the Fortune 500 - wowza, can you imagine? πŸ’Ό


SentinelOne (S) has a Singularity platform that uses machine learning to detect cyber threats, analyze user behavior, and ensure system. The company currently commands a market cap of $4.91 billion & shares of the company are up 11% on a YTD basis.



Here's How Badly Robinhood Markets Wants Your Retirement Savings

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πŸŽ‰ Exciting news for Robinhood customers! The company just launched their Robinhood Retirement product. This means first-time qualified account openings for users, and they even have a new offering called IRA Match πŸ’°


This amazing deal promises to match 1% of any contributions made to a user’s IRA or Roth IRA πŸ’Έ But wait, it gets even better! Now, Robinhood Gold subscribers will receive an even higher match on contributions into Robinhood Retirement πŸ€‘ Gold members enjoy perks such as higher interest rates on cash balances , lower margin rates, and access to market research courtesy of Morningstar. So if you're a Gold member, get ready for even more benefits with Robinhood's new retirement offering! πŸŽ‰πŸ’°




Stocks Track Fluctuations in Tech Stocks and Mixed U.S. Economic News

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The S&P 500 Index ($SPX) (SPY) is slightly down (-0.04%) while the Dow Jones Industrials Index ($DOWI) (DIA) is down more (-0.32%) and the Nasdaq 100 Index ($IUXX) (QQQ) is slightly up (+0.04%). This morning's market is a mixed bag πŸ€·β€β™€οΈ.


Tech stocks are holding up the broader market as we await Nvidia's quarterly earnings report on Wednesday. However, Nvidia's shares are experiencing some profit-taking and long liquidation after climbing over 2% to a record high earlier today. US economic news is also a bit of a mixed bag today πŸ“‰πŸ“ˆ.


July's existing home sales fell more than expected to a 6-month low, but the Aug Richmond Fed manufacturing survey unexpectedly rose to a 7-month high. 




Palo Alto Networks Impresses the Market With Huge FCF Growth and Margins

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πŸ”₯Palo Alto Networks (PANW), the cybersecurity solutions company, just crushed their fiscal Q4 earnings πŸ’°


Their free cash flow (FCF) and FCF margins were πŸ’― and the market is freaking out πŸ€‘ PANW stock is up 15% and could go even higher

Their FCF growth and margins are For example, their FCF margin was 39% on revenue of $6.89 billion πŸ’°That's a major increase from last year's 33% adj. FCF margin. PANW is killing the game in cybersecurity πŸ’ͺ




The Rumors Might Be Right: Let Off the Gas on SentinelOne (S) Before Committing Heavily

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According to The Motley Fool, Reuters reported yesterday that cybersecurity company SentinelOne may be considering a sale. 😱 They've hired an investment bank and spoken to private equity firms. 😬While S stock benefited from increased tech spending during the pandemic, SentinelOne struggled and lost market value. But a potential sale could be good news for S stock shareholders! πŸ€‘πŸŽ‰





Alphabet Stock Holds Up and Attracts Value Investors and Short-Put Traders

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Alphabet's (GOOG) πŸ€– recent performance in the August sell-off has been impressive, dropping only 1.83%. And now, it's bouncing back up! In morning trading on Aug. 22, GOOG stock is at $130.67, down slightly from $133.11 at the end of July.


But, fear not! Alphabet's massive free cash flow (FCF) makes it attractive to value investors and options traders alike. πŸ’° In fact, I wrote about this in my July 30 Barchart article, β€œAlphabet Gushes Forth Record Free Cash Flow, Making GOOG Stock Cheap.” I highlighted that Alphabet's Q2 results showed that its FCF was up a staggering 73% YoY, and its QoQ FCF growth was over 26%! 😲 This impressive growth helps explain why GOOG stock has held



Tesla Stock Named to Baird's "Best Ideas" List

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πŸš€ Tesla stock is turning things around by breaking a six-day losing streak! πŸ˜ƒ The equity took a bit of a hit in August, shedding 13.5%, but it looks like things are on the upswing.


Analysts are also feeling more positive, with only 17 out of 25 rating Tesla a "hold" or worse. πŸ€” The 12-month target price of $239.82 is only a slim 0.4% discount to Monday's close. However, options traders are feeling a bit bearish with a 10-day put/call volume ratio of 1.04 at the ISE, CBOE, and PHLX.


🐻 This sits in the 99th percentile of its 12-month range, meaning bearish bets are getting picked up at a faster-than-usual pace compared to the last 12 months. 😬




Navigate Market Volatility: 3 Iron Condor Trade Ideas for August 22nd

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πŸ¦… An iron condor swoops in to take advantage of a drop in implied volatility, while keeping the stock within a predicted range 🎯. When the implied volatility is high, the expected range widens, providing even more potential for profit.


πŸ’° The maximum profit for an iron condor is limited to the premium received πŸ’Έ. However, the maximum potential loss is also capped. To calculate the max loss, subtract the premium from the difference in strike prices of the long and short options. Traders should have a neutral outlook on the stock and aim to enter when the stock has a high implied volatility percentile .




Is Energy Transfer Stock a Buy Now for its 9.5% Dividend Yield?

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The shale era brought major πŸ’°opportunities for pipeline companies! With oil and gas gushing out suddenly in places like North Dakota and Pennsylvania, the need for more pipelines was clear! This led to a boom that created thousands of miles of new pipelines.


But now, things are slowing down. πŸ˜” Acquisitions are one of the few remaining paths to growth for pipeline companies! That's why Energy Transfer LP (ET) agreed to buy Crestwood Equity Partners LP (CEQP) for $7.1 billion, including debt! πŸ’ΈπŸ€‘




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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.


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HSAPAY

Enjoy,

frank

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