C. A. Heart School of Financial Literacy & Legacy Engineering

C. A. Heart School of Financial Literacy & Legacy Engineering Financial Education! Teaching individuals how to select, analyze & purchase individual stocks & ETFs.

06/12/2026

FYI: You are able to put in "Limit Orders" for SPCX stock now as long as you make the timeframe of your limit order "Day Only".

06/12/2026

The Producer Price Index (PPI), a measure of final demand costs, increased 1.1% on the month, putting the 12-month wholesale inflation rate at 6.5%. Economists surveyed by Dow Jones had been looking for a monthly move of 0.7%.
The annual headline inflation rate is the highest since Nov. 2022.
Excluding food and energy, so-called core PPI accelerated 0.4%, compared to the consensus view of 0.5%, indicating that rising fuel prices are causing much of the inflation.
FYI, if you're going to put in a limit order to buy SPCX you cannot do that until they actually go public sometime tomorrow. I thought it would be early tomorrow since they don't have to do price discovery but an analyst on CNBC said it would be late tomorrow. Either way it will be during the Market session. Once they do go public I expect the stock price to skyrocket. SPCX has a unique lockup period for insiders to sell their stock at. I will attempt to explain it now: Insiders who got their stock as low as $70 per share years ago will be able to sell 20% of their stock after the first earnings report which will be in the 3rd Qtr. Then they can sell 7% more in another 70, 90, 105, 120, & 135 days. After the second earnings report, they can sell another 28% of their stock then after 180 days, they can sell the rest of their stock. Stock selling by insiders typically brings the price of an IPO's stock down. I am not sure if these insiders are going to be selling. I hope they will.
In my Roth IRA today, I added to my positions in TSLA & TQQQ. I also lightened up on some other positions to raise more cash. My cash position is currently approximately 6%.

06/11/2026

The Consumer Price Index (CPI), a broad gauge of goods and services costs across the U.S., rose at 0.5% for the month, putting the annual inflation rate at 4.2%, according to the Bureau of Labor Statistics. Both numbers were in line with the Dow Jones consensus.
Inflation climbed above 4% for the first time in three years.
However, stripping out food and energy prices, the so-called core CPI accelerated 0.2% for the month and 2.9% from a year ago. While the annual rate was in line with the forecast, the monthly gain was below the 0.3% estimate.
Here is an interesting fact about Amazon and Google that I realized today while doing some research. Google has outperformed Amazon in the following time frames:
10 yr, 5 yr, 4 yr, 3 yr, 2 yr, 1 yr, 9 mos, 6 mos, 3 mos, 1 mo, 10 day & the 5 day. I had no idea!
If you are looking to get exposure to the upcoming SpaceX IPO, the safest and easiest way I can think of to do that would be to purchase the QQQM or if you're willing to take a high risk position in a 3X leveraged product try the TQQQ. The QQQM has a slightly lower expense ratio than the QQQ. All three track the NASDAQ and it will take up to 15 days before they have purchased the SpaceX stock after it's IPO on Friday.
Investors continued to sell Bitcoin and Gold among other stocks today to raise funds for the SpaceX IPO.
In my Roth IRA today, I added to my position in TQQQ. And I sold my entire positions of AAOI, AAOX, QCOM & QQQ. I also trimmed various other positions to raise additional cash in preparation of the pull back that I believe is coming because of the 3 Mega IPO's that are on deck.

06/09/2026

Our markets seem to continue selling off as we get closer and closer to the SpaceX IPO on Friday. I believe this is because people are raising cash to buy the overpriced SpaceX IPO. I say overpriced because I don't think many individual investors are you going to be able to get in at the $135 a share IPO price. I believe this company will go public earlier than normal IPO's do in the day because they do not have to discover a price for the stock. It has already been set by the company. I just hope individual investors are not crazy enough to put in "Market Orders" on Friday. Remember Market Orders are the dangerous types of orders. You could put in a market order in to buy 5 shares at $150 a share and two seconds later you could find out that you got all 5 shares filled at $285 a share. It is much safer to put in "Limit Orders" so that this does not happen to you.
In my Roth IRA today, I sold my entire position of GDMN as I am in agreement with Cathy Woods from Ark Invest who believes that Gold is going to continue to go down. I also started two new small positions in MYRG & QCOM. Yesterday, I started a small position in AGX. AGX & MYRG are both in the Construction and Engineering sub-sector. Both are Profitable with P/E's around 50. Both are still up over 150% in the last year. Both stocks are also up more than 1,325% in the last 10 years!!! You might want to look at them and see if they fit in your portfolio. Personally, I think these are a better option than gambling on a company that is not yet profitable like SpaceX. Just a thought!

06/09/2026

The S&P 500 was up 0.30% today and the NASDAQ was up 0.86% in what is called a typical "Dead Cat Bounce", after a really bad session on Friday.
Today in my regular investment account, I sold my entire position in MRVL and I re-purchased it $8.78 per share lower in my Roth IRA.
I sold my entire position of LITX and I started a new small position in AGX.

06/07/2026

The DOW actually hit a new all time high again Friday before it tanked along with the other major indexes.
The Bureau of Labor Statistics reported Friday that nonfarm payrolls increased by 172,000 in May, well above the 80,000 jobs that economists polled by Dow Jones had expected. The unemployment rate also held steady from April at 4.3%, in line with expectations. April's job number was revised up to 179,000 and March got boosted up to 214,000 jobs, for a gain of 29,000. These large jobs numbers are going to make it hard for the Federal Reserve to cut interest rates anytime soon. This is because large jobs numbers mean the economy is doing well. An economy that is doing too good can add too the inflation that we are already experiencing from higher oil prices thanks to Iran. Some economist are actually thinking that the Fed may have to increase interest rates later this year to slow down inflation. This thinking is what helped push interest rates higher. Higher interest rates in turn helped push the market down even more than profit taking and cash raising did for the upcoming Mega IPO's.
The S&P Global has decided not to fast track the inclusion of SPCX into the S&P 500. This is unlike the NASDAQ's decision as they will include SPCX into their index.
Friday in my regular investment account, I added to my positions in PWR & SOXY.
In my Roth IRA on Friday, I added to my positions in SMH, SOXY, TSLA & USD. I also sold my entire position of CLSE and I started a new position in QQQ because I expect SPCX will be added to this ETF.
The results of the Schwab Weekly Portfolio Report. regular account:
MRVL +28.52%.
IECS +6.52%.
C +5.22%.
ARKB -17.86%.
CIEN -15.86%.
AVGO -13.66%.
Roth IRA Account:
AAOX +15.45%.
AAOI +11.74%.
COHR +4.29%.
MUU -23.69%.
AM DL -19.74%.
JEDI -18.49%.

06/05/2026

The Dow Jones industrial average actually hit a new all-time high today.
And today my regular investment account, I added to my positions in CIEN & PWR and I sold my small position of NVDA. I still hold a large position of NVDA in my Roth IRA. As we get closer to the IPO's of SpaceX, ChatGPT and Anthropic, I will probably be selling some of this position because I expect it to go down as people will be using it as a source of funds to purchase these IPO's. You may have heard that Alphabet (GOOGL) is selling $85 billion more stock to raise money ahead of these three IPO's. Alphabet is smart to get ahead of these IPO's. I also sold my entire position of C. I no longer own any banking stocks.
In my Roth IRA today, I started a new position in CNAV.

06/04/2026

Today, none of the major indexes hit new all-time highs as interest rates and oil prices are going back up following the U.S. and Iran launching new strikes against each other. This breaks a nine day winning streak for the S&P 500.
Don't forget that Friday is job's Friday. Estimates are currently between 89,000 and 105,000 jobs to have been created last month. If the real number comes in significantly lower, I would expect the market to sell off.
In a strange move SPCX has decided to price their IPO at $135 a share instead of letting the market decide the price. Personally, I think Musk wants the price of the stock to skyrocket after it becomes public. This won't benefit him or the company but it will help his popularity.
Today in my regular investment account, I sold 21% of my position in MUU and I recognized a profit of 510.40%. I did this to take out my cost basis, now my remaining shares cost me nothing at all. I then purchased more USD with approximately 10% of the money raised from that sale. The rest of the money I put into Schwab's SWVXX money market at a 3.48% interest rate until I find something better to purchase.

06/03/2026

The S&P 500 and the Dow both hit new all-time highs again today!
The Commodity Futures Trading Commission (CFTC) approved perpetual futures — a type of future-style contracts with no expiration date known as “perps” — for Bitcoin trading on Kalshi. Investors are worried that the CFTC could give the green light to other asset classes to trade via perpetual futures next, which could increase competition for the traditional exchanges that have long dominated on Wall Street. This caused the stocks of the major traditional exchanges such as the CME & CBOE to sell off today along with many crypto currencies and crypto currency stocks.
Today in my regular investment account I started a new position in PWR.

06/02/2026

All three of the major indexes hit new all-time highs again today even while oil prices were going up! In all my years are investing, I've never seen a market go up this fast. I am actually scared to see how fast it's going to come back down to earth someday and it will, when I have no idea. I can say for sure that we will have a 10% pull back and I will not be wrong. I might be early, or even very early but I will not be wrong.
Today and my regular investment account, I sold my entire position of LNG & PRIM.
In my Roth IRA account today, I added to my positions in AIPO & AMDL.

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