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You’ve set your goals, you have your vision and it’s time to take action. Now what? Well, it’s great that you’ve taken the first step — all great achievements start with this.

But, we need to arm ourselves with these three important words. They will act as a shield to protect us from the roller-coaster ride we have embarked on.

We need to memorize the following three words:

Improvise, adapt and overcome.

These three words have been a lifesaver for me in certain situations and I’m excited to break them down for you.

Improvise

During the entrepreneurial journey, there are times when you get rattled, things go completely wrong and you need to sort stuff out fast. So you need to adopt an attitude of improvisation. Improvising is a key part of the entrepreneurial arsenal that we need. Why? Because at times we have to find solutions or make things work in any way we can on the fly.

Some examples of needing to improvise are:

  • Key functionality in your product demonstration isn’t working and you have 20 minutes before your presentation starts.
  • The payment system isn’t working on your sales funnel and you’re getting messages saying people can’t pay.

With the above examples, you need to manufacture a workaround in any way possible. Trust me when I say, you will need to improvise 100 percent throughout your entrepreneurial journey.

An example of how I needed to improvise was when I had a huge meeting with an investor. Our app, which we were pitching, had a bug that would directly affect our demonstration. So we desperately tried to fix the issue before the meeting but unfortunately, we couldn’t. So my solution was to create a series of screenshots in our presentation and talk through our technology. 

We had a great meeting. We needed to improvise and we pivoted to a workaround that got the job done. So if you’re stuck, there is always a way to improvise and keep on moving forward. 

Related: How to Improvise When Your Presentation Does Not Work

Adapt

When you think about a business or service we launch, we always need to consider the results we see. This is valuable data that can help shape the next iteration of our product or service. The key thing here is that when we get feedback, we must always adapt in a way that will ensure better results in the future.

As an entrepreneur, we always need to adapt and understand our market so we can maximize our success. I guarantee that if you look back at your business and compare it from when you first started to now, you will hardly recognize it. Because, over the years, you’ve adapted it so many times that it’s now much different.

Remember this saying, your customers are your best engineers. This means that their feedback or the results you get force you to adapt and change your model to get better results in the future.

In my experience, we have adapted many times. Adapting is exciting, especially if you’re listening to your customers. When you take on board feedback to adapt, the result is a better user experience for your customers. If you get it right, it means you’re providing a better solution. 

One time when we were adapting to feedback, it actually transformed our business. So don’t be afraid to hear feedback because it may change the trajectory of your growth. 

Related: Why You Need to Learn to Adapt

Overcome

If you’re reading this article, you know that being an entrepreneur is like jumping off a cliff and needing to sew a parachute on the way down. You will need to overcome so much on your journey, so get ready.

Overcoming is the last piece of the puzzle. If you don’t already know this, you are going to come up against obstacles, challenges, competitors, issues, self-doubt and so much more. And as an entrepreneur, you will need to overcome these things to survive, so you can live to fight another day.

I remember the time when I had to dig deep and overcome a particular challenge when we were closing our Series A round. We were just about ready to close the round. We had all our subscriptions taken up. But at the very last minute, a big investor pulled out and we had to keep going. This was tough, but we needed to hustle amongst our network to get in front of more investors. I’m happy to say we overcame the challenge and we closed a very successful investment round. 

Related: 5 Ways to Overcome Self-Doubt as an Entrepreneur 

In conclusion, these are the three power words you need to memorize as an entrepreneur. Improvise, adapt and overcome. What I’ve found is that saying these three words out loud during difficult times in your journey gives you the energy and spark to overcome all sorts of challenges.

So, my last words of advice. When you come up against some difficult times during your entrepreneurial journey, you need to…

Improvise, adapt and overcome.

You’ve got this. Now go for it!

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Opinions expressed by Entrepreneur contributors are their own.

To avoid burnout, maintain sleep quality and secure sanity it’s necessary to consider strategies beyond a “power nap.”

It is first important to understand what’s depleting your low afternoon drive.

Think of your energy as water in a bucket. After a night of quality sleep, you wake feeling refreshed and start your day with a jug that’s full. Throughout the morning, you expend energy. By the time afternoon rolls around, the water in your bucket has decreased.

The overall amount depends on two things: A) how active you’ve been (physically, mentally or emotionally) and B) how big your bucket was to begin with.

If your H20 holder is small, via illness or insufficient sleep the night before, take note of the following brain boosting hacks.

Related: How to Wake Up Early

Hydrate 

Dehydration is an overlooked, yet common contributor to feeling fatigued (and often confused with sleepiness). Refill your bucket with a tall glass of actual agua.

Nourish yourself

It’s common to reach for hyper-palatable foods (i.e. those high in sugar or fat) to help power through an afternoon. A more energy-sustaining choice is a macronutrient-balanced snack. Taking an uninterrupted 20-30 minutes away from workspaces to receive pleasure from your grub comes with the added benefit of feeling nourished.

Vary your tasks

 If you’ve been sitting at your computer and using mental energy all morning, it’s useful to get physical in the afternoon. While a walk outside in daylight may be enjoyable and useful for helping you sleep at night, this technique doesn’t necessarily imply exercise. If you’re working from home, you can do something simple like emptying the dishwasher.

Engage in what excites you

Boredom can masquerade as low energy. Have the types of challenges that originally interested you been solved or otherwise delegated? Are you spending your afternoons in aspects of your business you find routine or tedious? Reconnect with something you’re deeply passionate about and you’ll notice your energy soar.

Float in the trough

Set a timer for 10-15 minutes, close your eyes, and lie down on your back with your feet flat and knees bent. This position is called “constructive rest” because it helps to release tense muscles, relieve eye strain and induce a “relaxation response” in the nervous system.
If you’re unable to honor and surrender to your mind-body’s need for rest during the day, it’s likely you’ll struggle with being still at night. Therefore, becoming a skilled “rester” may have the welcomed side effect of improving your sleep.

If you also have an over-achieving personality, it may be even more beneficial to set more reasonable expectations about what can get done in a day. 
Related: 4 “Unproductive” Habits That Make You More Productive

Navigate your night

This might mean increasing your sleep opportunity (i.e. giving yourself more time in bed for added REMs) or unpacking less obvious contributors to insomnia challenges.

Just as there are many reasons why you may feel wide awake at 3 am, there can be many causes for feeling “low and slow” in the afternoons. It’s important to consider the underlying reasons and to adapt your strategy (and techniques) to your situation. 

Making more skillful choices about your afternoon energy will not only help you in the second half of your day, but will also preserve your nightly sleep and help you maintain long-term health and well-being.

Related: 4 Changes to Make to Your Day so You Get Better Sleep Tonight

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Are you facing a moment, or the moment?

It’s a critical distinction we often lose sight of. When we’re facing a big decision, grappling with a change, or wondering whether to seize or pass on a new opportunity, we tend to raise the stakes on ourselves. We treat our decision as critical — as make-or-break, do-or-die. It’s the last train leaving the station! The game-winning shot in your hands! Everything seems to hang in the balance.

My advice: Take a breath. Calm your emotions. Then ask yourself my simple but profound question — are you facing a moment, or the moment?

I’ll give you an example.

My friend Jenny Illes Wood is high up at Google, and she has built a popular program there called Own Your Career. She gives workshops on how Googlers can increase their influence, develop new skills, better advocate for themselves, and so on, and tens of thousands of her colleagues subscribe to her email newsletter. She imagined that one day she might write a book inspired by all this — but she has two small kids and a busy job, so she was in no rush to do it.

Related: The 4 Actions You Must Take to Find Your Opportunity

Then a colleague introduced her to a book agent. The conversation went well. Jenny couldn’t stop herself; she talked to a few more agents. Suddenly she had multiple agents saying they wanted to work with her, and she was calling me in a panic. “I don’t know what to do,” she said. “I don’t have time to write a book, but I’m so excited and don’t want to miss this opportunity!”

So I asked her: Are you facing a moment, or the moment? Sometimes in life, we really do only get one shot. But most of the time, we get many shots. We can do something now, or we can do it later. Or maybe we never do it at all — it’s just one of many opportunities that we turn down, because we cannot do everything, and that’s OK.

In my estimation, I told her, she is facing a moment. If a book agent is interested now, then a book agent will be interested later. And in fact, she might benefit from writing a book later. She’ll have more time to develop material, she’ll have a larger public profile, and she’ll have even more Googlers on her mailing list. But that’s not to say it must happen later — she could also do it now and use the book to accelerate her other goals.

The point is, she should decide based on what’s best for her and the project, and not because she feels like this is her one chance to do it.

I have grappled with this myself, in many ways. I’ve struggled over whether to pursue jobs or say yes to new projects, all because I wasn’t sure if anything like them would ever come again. In fact, I’ve even grappled with Jenny’s same question about writing a book: I spent years on the fence, wondering when the time was right.

Related: Are You Too Efficient to Innovate?

Ultimately, I developed a way to answer these questions about timing. I started to think not about the opportunity in front of me, but about what I wanted the outcome of that opportunity to be. A job is not just a job; it’s a set of experiences and learnings. A project is not just a project; it’s an accomplishment that sets you up for future projects. The more we understand what we want from these things, and how they play a role in our larger vision of ourselves, the better we can decide if they’re something we need now, later, or never.

In my case, I see a book as the spark for larger opportunities. I wanted to make sure I understood what I wanted those opportunities to be, and that I had the people and infrastructure in place to take advantage of them. That’s why I waited for years, and why I finally said yes. My book, Build for Tomorrow, comes out in September!

Is it a moment, or the moment? That’s your starting point. And you’ll know when to act when you can finally say this: “It is my moment.”

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Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

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In addition to getting organized, Lunatask helps you build healthy habits via a visual habit tracker that gives you accountability and shows your progress. It will also help you track your moods and emotions, and give you visibility into your energy level and business level over time so you can make changes when you need to.

All of that is really just scratching the surface. That’s why one App Store reviewer says, “It is an amazing app. A real gem.” With state-of-the-art security, an open platform, and endless compatibility, Lunatask is fully designed with your convenience and productivity in mind.

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Yes, I know that this commentary normally comes out Friday evenings. But life got in the way yesterday and had to push it out to this morning. Gladly the S&P 500 (SPY) was closed and we do not miss a beat on getting ready for the week ahead. Speaking of which, from here I see 2 very different paths for the market. One a glorious bounce. One a descent into bear market. Which will it be…and what will we do about it? That is what we will cover in this week’s POWR Value commentary. Read on below for more….



shutterstock.com – StockNews

(Please enjoy this updated version of my weekly commentary from the POWR Value newsletter).

The starting point for today’s discussion is to tackle my fundamental review of the bull and bear case which was shared in detail this Wednesday 5/4 for the Platinum Members monthly webinar (watch it here >).

Watching this 30 minute presentation is time well spent. But if you are short on time right now, then here is the summary…

Both bull and bear market outcomes are possible from here. Sometimes it’s easier to see the reasons to be bearish because fear is a much stronger motivator than greed.

And in that camp we have high inflation + hawkish fed + bad market sentiment = a nasty elixir that could devolve into bear market.

On the other hand, history shows that it is much harder than you imagine to create a recession and bear market and that the bull wins out the majority of the time. That is why we stay in bullish conditions 5-6X more than bearish conditions over our lifetimes.

Summing it up, I think the case for bull market is stronger than bear market. The main reason for that is that there is a lot of one time “nonsense” inside the -1.4% GDP read for Q1 that does not really tell the story of the economy’s health.

That is why corporate leaders are in general raising guidance for the rest of the year after their Q1 earnings reports. These business executives are adept at knowing the pulse of their customers.

And if they saw any whiffs of weakness, they would say so in their outlooks to lower guidance and thus make it easier to beat estimates going into the next quarterly report.

On top of that you have the well respected GDPNow model from the Atlanta Fed which is currently flashing a +2.2% reading for Q2 GDP. The Blue Chip Consensus panel of economists is a few ticks higher at +2.8%.

Adding up these points is to refute the idea of a looming recession which is the main cause of bear markets.

Unfortunately devolving into bear market conditions down the road is quite possible because sometimes the leading cause of bear markets is not a weak economy…but rather weak stock market which acts as a catalyst to slow the economy in the future.

This one is a little bit of a brain teaser at first. So read it twice to make sure that the idea sinks in.

The original view of the market was that investors as a group were GREAT prognosticators of the future. That they often predicted recessions 4-6 months in advance by selling off during good conditions only for the evidence of the recession to unveil itself down the road.

Meaning that a near term correction during good times was often times a leading indicator of recession and bear market down the road.

More and more evidence shows this is not really the case. Perhaps here is the more logical sequence of events…

The market can sell off at any time for any reason. And typically bull markets endure 1-2 harsh corrections per year before bouncing back on their way to new highs.

However, sometimes those corrections last a bit longer. And put more strain on investor psyche. Which starts to give investors a pessimistic view of what the future holds.

In particular, the people who run the largest corporates are also amongst the wealthiest in the country. No doubt they have a high % of their net worth tied up in the stock market and are well aware of poor stock price conditions.

Thus, the longer these downturns go on…the more damage they see in their portfolio…the more pessimistic they may become on their business outlook.

Thus, it is when those pessimistic views from the stock market start effecting their business decisions…like lowering spending or delaying major investments in company expansion…that is what starts to chip away at economic growth…perhaps enough to cause a recession.

The point is that poor market conditions can very well be the catalyst behind future recessions and bear markets. And indeed this nasty start to 2022 could be just one of those kinds of market conditions.

When you add it all up you still have to appreciate that bull market odds are higher than bear market…but the latter is a very possible outcome which puts us in “wait and see” mode.

This is what leads to 2 divergent paths for the market from here. Let’s quickly spell them out along with the game plan for how to invest in each environment.

Bear Market Path: Drop Below 3,855

I sense that there will be serious support at 4,000 leading to a bounce. And yes, it may be the lasting bounce and we never test lower again. But the true line of demarcation between bull and bear is 3,855…exactly 20% under the all time highs.

If we break below with gusto, and keep heading lower, then we are indeed in bear market territory and that will likely extend to the average 34% decline found in bear markets…maybe a little further given that stocks did achieve higher than normal valuations during this bull cycle and thus more fat may need to be trimmed before bottom is found.

In this scenario investors will want to get more defensive on the break below 3,855. That starts by selling all aggressive stock positions (smaller cap, higher beta, cyclical industries) as they will come down the most.

Storing that extra money in cash is fine until you want to start picking your spots near bottom. However, more speculative investors may want to consider shorting the market with inverse ETFs to make money as the market heads lower.

We will not be doing that in the POWR Value service because it is outside the charter of the publication, which is to always be in the best value stocks…but like I am doing now I will give advice on how you can do that on your own even if not “official” positions in the portfolio.

On the other hand, my Reitmeister Total Return service is precisely built for that bear market flexibility. So if you do not have access to the service, then learn more about it here.

Now let’s consider the flip side of that investment coin…

Bull Market Path: Stay Above 3,855

As stated earlier, this is the more likely path given the economic evidence in hand. However, when you have a correction this deep and going on for this long, then it will likely demand a glorious finish. The kind of finale that shakes all investors to their core.

Perhaps that just happens with a fight over 4,000 where major support will be found. Yet it is not hard to imagine a drop all the way down to the border of bear market territory at 3,855.

That is the kind of drop that strikes fear in the heart of investors that compels a total “I give up” capitulation. And in the dawn of that surrender is a glorious capitulation rally that marks the end of the correction and resumption of the bull market.

In this case you just hold on to the market like a rodeo rider. No matter how much it bucks and tries to throw you off…the tighter you hold on to still be there when that capitulation rally comes.

That’s because that rally will be fast and furious to the upside. Therefore, to be in cash at that time…or net short…is to destroy your entire year as a 10%+ bounce in just a weeks time is not out of the question.

In this case you simply hold onto your favorite stocks with a healthy blend of attractive growth and tremendous upside to fair value. Those will bounce the most as investors rush back in. And yes, these are exactly the kinds of stocks we have inside POWR Value.

I know it’s not easy reading this commentary as both the bullish and bearish outcomes are such realistic possibilities yet 180 degrees different from each other. But truly there is no better advice I can give but “wait and see” as we have the right contingency plans in place for when that moment of truth comes.

I promise to do my best to help us get through this trying time and onto calmer shores.

Stay tuned for what comes next…

If you’d like to see more top value stocks, then you should check out our free special report:

7 SEVERELY Undervalued Stocks

What makes these stocks great additions to any portfolio?

First, because they are all undervalued companies with exciting upside potential.

But even more important, is that they are all A rated Strong Buys according to our coveted POWR Ratings system. Yes, that same system where top-rated stocks have averaged a +31.10% annual return.

Click below now to see these 7 stellar value stocks with the right stuff to outperform in the coming months.

7 SEVERELY Undervalued Stocks

All the Best!

Steve Reitmeister
CEO StockNews.com & Editor of POWR Value trading service


SPY shares closed at $411.34 on Friday, down $-2.47 (-0.60%). Year-to-date, SPY has declined -13.13%, versus a % rise in the benchmark S&P 500 index during the same period.


About the Author: Steve Reitmeister

Steve is better known to the StockNews audience as “Reity”. Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the Reitmeister Total Return portfolio. Learn more about Reity’s background, along with links to his most recent articles and stock picks.

More…

The post Bull vs. Bear Market? appeared first on StockNews.com

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Value, Yield, And Growth That You Can Count On 

We could expound for days on the risks facing the market and the potential depth of the oncoming correction but we won’t. Today we’re here to touch base on a few stocks that we expect to do well over the next few years regardless of the broad market and economic conditions. These stocks include what we view as the three pillars of a great investment; value, yield, and growth, and they’ve all got a bullish technical outlook for share prices as well. We don’t know if the S&P 500 (NYSEARCA: SPY) is going into a deeper correction or will maintain the rolling bear market it has been in, but we do know these companies are well-positioned for today’s economic conditions, have growth in the forecast, pricing power, pay high-yielding dividends and can be expected to increase their dividend payouts over time. 



MarketBeat.com – MarketBeat

Kraft Heinz Is A Text Book Turnaround Story

Kraft Heinz (NASDAQ: KHC) is not a new stock to the Marketbeat.com coverage universe but it is a very unique one in that it is a textbook investment turnaround story. We’ve covered this stock for years and the news has only gotten better in that time and now the market is poised for a major breakout. The latest chapter in this story is the analyst coverage. There has not been a robust amount of coverage and there are only 8 current ratings but the sentiment is warming. In light of the early nature of this turnaround story, that is good news and one that could produce a strong tailwind for share prices. 

As it is now, the consensus estimate is 5% below the price action but it is trending higher in the 12, 3, and 1-month comparisons. The activity this year includes one initiated coverage with a price target in line with the consensus and several price target upgrades to include the high price target of $47. That target is just shy of 10% above the current price action but is also a new three-year high and the highest level since the market capitulated post-scandal in 2019. Regardless, KHC is still trading at only 16X its earnings compared to 27X to 35X for the highest valued consumer staples stocks and it is yielding 3.71% which is above the group average. 
Three Stocks To Ride Out A Rough Market 

Kellogg, A Consumer Staple With Pricing Power 

Kellogg (NYSE: K) made headlines when it reported earnings because it proved it has pricing power. This is important in a world where consumers are cutting back on their spending and is expected to help maintain the earnings outlook if not widen the margin. As for the business, organic strength in all categories underpinned the results. The most important factor is that cash flow and free cash flow are up significantly versus last year on internal improvements that should help sustain dividend increases this year. The company currently trades at roughly 17X its earnings while paying out 53% of its Marketbeat.com earnings consensus and yielding 3.3%.
Three Stocks To Ride Out A Rough Market 

Whirlpool Reverses On Mixed Results 

Whirlpool’s (NYSE: WHR) Q1 results may have been mixed in relation to the analyst estimates but a few things are clear. The first is the company’s business is sound and supported by high demand and a large backlog. The second is cash flow and earnings are ample and the dividend is well supported. The third is that trading at only 7.7X its earnings and paying 3.7% in yield it is a deep-value and a high-yielding blue-chip stock that has already seen a 30% correction and begun to rebound. We aren’t predicting great things in terms of share prices but we do see support at $170 and an upward bias in the action so expect to see range-bound trading at the worst. 
Three Stocks To Ride Out A Rough Market 

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A SPAC (Special-Purpose Acquisition Company), which can also be termed as a  “shell” or “blank check company”, is included in stock exchanges with the aim of gaining investment by means of public offers with the further confluence with an existing private company. Such entities are administered by the SEC (Securities and Exchange Commission in the United States).

As a rule, a SPAC must grab capital and acquire this or that company within 24 months. After that period, investors will get their funds back. Such entities exist in order to make it easier for nongovernment enterprises to attract investment, with minimum time and effort, so the process of Initial Public Offering listing can be dismissed. 

SPACs appeared in the 1990s and gained popularity in 2020 when investors had a stake in them. More than $13 billion were accumulated in 2019 but in 2020 this number increased to $83.3 billion involving over 50% of US entities that were officially listed on the stock exchange. During Q1 2021, the number had risen to $96 billion, and among listed companies, there were AdTech ones that showed significant success.

Let’s dig deeper into the matter of SPAC companies and find out what advantages they possess particularly for AdTech owners and partners. 

Related: BFLY: Is Butterfly Network a Buy Under $6?

Benefits 

Those businesses that choose to be included in public listings by means of SPAC take precedence over the traditional process of IPO listing.

First, the solution involving a SPAC is saving time and the whole process can be finished within several months whereas a traditional IPO requires more than one year. This is explained by the fact that there are fewer requirements to blank check companies and SPAC shares may be purchased by the public at large before a merger/acquisition. Apart from that, the process of IPO is not an easy way to go: it requires the solving of many issues concerning legal questions, marketing issues and accounting details. In addition, there’s no guarantee that the desired capital will be obtained.   

Moreover, the insecurity and fragility of the market caused by the Covid-19 pandemic made many businesses go the SPAC way. It helped them to set high stock prices and be able to maximize funds as well as keep the sustainability of share value. In most cases shell companies are usually controlled by experienced investors who know the ins and outs of private equity and thus business owners don’t have to worry about the forthcoming process of acquisition or convergence. Special funds-in-trust secure public investors’ share capital till merging. If it ends with elimination, these funds divide the share capital between the public stakeholders.

Vulnerabilities

Shell companies’ investors might also face many risks. There’s no assurance that a merger will take place as expected or that it will happen at all. Some SPAC companies are missing proper control and disclosure and that may cause problems with investments, e.g. lead to fraudulent capital spend. 

There are no overhead expenses like commissions or salaries for the management staff before the acquisition or confluence takes place, so the company executives and the team are not always motivated to succeed. Moreover, there is also no basis for competing interests because it’s restricted for managers to unite with any party that is in affiliation with insiders unless stockholders acknowledge such merging.  

Revenues generated from SPAC companies may appear to be much lower than expected as the hype gradually decreases. According to Goldman Sachs, stocks of at least 70% of IPOs fueled by shell companies were worth less than $10 each.

Many SPAC companies tend to blend in with companies that need massive funding and have no certain financial projections. In such cases a SPAC is is the only way for them to attract capital as risks and possible speculations are rising.

Related: Financials Sector in 2022: What to Focus on This Year

AdTech

Despite the controversy surrounding SPACs, AdTech companies seem to align the hype with the advertisement industry’s growth just fine. Last year, Taboola Inc. began trading with a $2.6B valuation and merged with ION Acquisition Corp 1 – a green flag for all industry players to put their feet on new ground. Another company that successfully merged with ION Acquisition Corp 1 for $1.3B was Innovid.

In 2021, AdTech investors had more opportunities to park their money for decent returns, from the $1B AdTheorent to $11.1B ironSource SPAC deals. In total, the first quarter of 2021 has seen a $23.7B-worth investment pool for advertising and marketing companies, where 67% came from mergers and acquisitions. 

In contrast to SPAC trends on a broader market, AdTech investors are satisfied with the revenue they receive as stock valuations are increasing. The reason is quite simple: programmatic keeps growing and delivering. According to the forecasts made by eMarketer, global digital ad spending will amount to nearly $650B by 2024, making it one of the fastest-growing areas of digital industries.

Unlike in other industries, there haven’t been any SPAC-related scandals in AdTech. Indeed, IronSource and Taboola had experienced some reduction in their valuation, but by the end of December 2021 the former company had fully recovered and the shares of the company were at an all-time high. Whether AdTech will have its own Nikola case remains to be seen. So far the biggest risks for reputation and share value are the ones associated with ad fraud – the activity which must be stopped before any pre-listing due diligence occurs.

As of today, SPACs remain the strongest tool for AdTech players to jump into public capital. With digital advertising, connected TV, and e-commerce establishing themselves as fixtures of “the new normal” amid the global pandemic, taking this road might be a great option to expand onto. In early 2022, we should expect to see more companies putting their SPAC plans on the table.

AdTech companies seeking additional funds might find SPAC a welcoming entry ticket to a public offering. It is true that some AdTech giants, including The Trade Desk and PubMatic have preferred IPOs, trading the extra potential cash for their privacy limitations, regulatory obligations, stricter financial controls, and so on. But not everyone is ready to take the hard road in a fast-paced world, which might still be on the brink of new lockdowns or significant regulatory changes.

Related: Why Strategic Venture Capital is Thriving in a Founder’s Market

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Sports entertainment and media company World Wrestling Entertainment (NYSE: WWE) stock has maintained a choppy range between $45 to $65 for over a year. The iconic wrestling brand survived the stay-at-home mandates to usher in the return of live events. Top and bottom lines were bolstered by its media deal launching the WWE Network on the NBCU Peacock TV streaming service. Its popularity continues to grow with new streaming and content deals with A&E as well as MBC and fictional TV shows to appear on Netflix (NASDAQ: NFLX). WWE branded lottery tickets are expected to hit the market in specific states in 2022. Gaming is a key focus as 85% of WWE’s audience identify themselves as gamers. The Company continues to diversify its revenue streams leaning heavily on expanding streaming and content deals and harvesting the next generation of fans and WWE Superstars. WWE’s Facebook (NASDAQ: META) page has the highest number of followers among any sports league and highest engagement with revenue growth rising 225% and doubling hours watched. Prudent investors seeking exposure to a growing content media empire can look to scale into shares of World Wrestling Entertainment at opportunistic pullback levels.



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Q4 2021 Earnings Release

On Feb. 3, 2022, WWE released its fiscal fourth-quarter 2021 results for the quarter ending December 2021. The Company reported an adjusted earnings-per-share (EPS) profit of $0.70 excluding non-recurring items versus consensus analyst estimates for a profit of $0.54, beating estimates by $0.16. Revenues rose 30.3% year-over-year (YOY) to $310.3 million, falling short of analyst estimates for $324.7 million. Adjusted OIBDA rose 90% to $97.2 million. Full-year 2021 revenues rose 12% to the highest in WWE history at $1.095 billion. The Company expects fiscal Q1 2022 adjusted OIBDA of $90 million to $100 million, representing 7% to 19% YoY growth. The Company launched the Next in Line program that recruits next generation WWE Superstars with 16 collegiate athletes les by Olympic gold medalist Gable Steveson.

Stephanie McMahon Comments

WWE Chief Brand Office and Director Stephanie McMahon underscored that WWE Superstars are in high demand from studios, media outlets and sports properties. Big events help push the brand and drive new deals for media rights and consumer products. She noted that Sascha Banks starred in the cold open for ESPN’s College National Football Championships. Drew MacIntyre presented at the MTV European Music Awards and Big E starred in the cold open of the greatest heavyweight fight in decades between Tyson Fury and Deontay Wilder. Additionally, celebrities and artists from other genres are attending, appearing and in some cases performing at WWE events like Grammy Award-winning artist Bad Bunny in the 2022 Royal Rumble. Mobile games like WWE SuperCard was downloaded 24 million times making it the 2K’s highest grossing mobile game. Director McMahon noted that gamers make up 85% of its audience, therefore gaming is a key focus for the Company as WWE looks to harvest the next generation of fans. Their Next in Line (NIL) program looks for elite athletes with big personalities and large social media followings like John Seton of Elon University with 1.6 million TikTok followers. NIL is a pipeline for next-gen WWE Superstars. The inaugural batch of 16 athletes hail from 13 universities, 7 conferences and 4 sports. She also pointed out a statistic from YouGov that the WWE has more fans 18 to 34 than the NFL, NLB, NBA, UFC, NHL, and NASCAR with 83.7 million subscribers across all platforms and YouTube.

WrestleMania 38

The Company announced that its two-day WrestleMania 38 event was the highest attended and grossed event in its history. Attendance for the event had 156,352 fans at the AT&T Stadium in Dallas, Texas. This broke the previous records set in 2016. WrestleMania is scheduled to occur in Los Angeles at the SoFi Stadium/Hollywood Park in 2023.

World Wresting Entertainment Stock is Hulking Up

WWE Opportunistic Pullback Levels

Using the rifle charts on the weekly and daily time frames provides a precision view of the landscape for WWE stock. The weekly rifle chart has been in a trading range peaking near the $64.33 Fibonacci (fib) level and bottoming near the $46.98 fib. The weekly uptrend peaked as shares fell under the weekly 200-period moving average (MA) support at $60.41 as the weekly 5-period MA slopes back down at $60.66. The weekly 15-period MA support is stalled at $57.49, and the weekly 50-period MA is rising at $55.11. The weekly stochastic peaked and crossed back down from the 90-band as it leans to test the critical 80-band. The weekly market structure low (MSL) buy triggered above $50.37. The daily rifle chart is forming an inverse pup breakdown with a falling 5-period MA at $60.01 followed by the 15-period MA at $60.45. The daily 50-period MA sits at $59.83 and daily 200-period MA sits at $54.49. The daily stochastic formed a mini inverse pup falling through the 30-band. The daily Bollinger Bands (BBs) have been in a compression and is starting to expand as the lower BBs fall at $58.12 and upper BBs rise at $60.90. Prudent investors can look for opportunistic pullback levels at the $55.99, $54.38 fib, $51.81 fib, $50.37 daily MSL trigger, $48.46, $44.94 fib, $43.15 fib, $41.58, and the $40.15 fib level. Upside trajectories range from the $63.08 level up towards the $86.06 fib level.  

 

 

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Opinions expressed by Entrepreneur contributors are their own.

After two years of isolation, the desire to travel is as present as ever. What’s changed is not whether we want to travel, but how we want to do it. 

Travelers now prefer self-service over waiting to be served, with tech-enabled ease expected at every step of the process. From online planning and booking to contactless check-in and 24/7 digital concierge. Today’s tech-savvy, hygiene-conscious traveler’s expectations are rapidly accelerating the hospitality tech revolution. Companies must move quickly to meet evolving demands or risk missing the boat. 

In a Stayntouch/NYU Tisch Center of Hospitality Report, 81.7 percent of hoteliers surveyed had implemented at least one new technology during the pandemic, and/or were planning to in 2022. Incorporating technology into day-to-day operations is essential to minimize human error, maximize service efficiency and improve the guest experience.

Related: 3 Trends That are Shaping the Hospitality Industry

Combining the best of high touch and high tech, here are six technology trends reshaping what it takes to stay in business as a hospitality player in 2022:

1. Gamification of travel planning

With cabin fever at an all-time high, the world couldn’t be hungrier for spontaneity. As people contemplate their next getaway, hospitality companies can leverage gamification — using game design elements in non-game contexts — to turn travel planning from a chore into a guilty pleasure.

By interplaying gamification mechanics like challenges, chance and rewards, with elements like points, quests and sharing, companies can capitalize on human motivation. Imagine a travel planning website that challenges users to solve a travel puzzle where they will achieve a score, be ranked on a leaderboard and receive points for their next trip.

Popular European airline Lufthansa introduced Lufthansa Surprise, which allows travelers to choose from nine categories, with themes like nature, cities or partying. Upon picking top choices from seven to twelve European cities, the destination is only revealed after booking. 

Beyond novelty, using gamification for online advertising is proven to boost data driving, customer loyalty, brand awareness, user-generated content, online engagement and revenue. 

2. Virtual reality tours

It’s hard for travelers to imagine their next vacation rental before they arrive. How can hoteliers accurately communicate the curated charm of their boutique Santorini hotel to potential guests? 

Through the use of VR (virtual reality), companies can now give first-person digital tours of their space to future guests. Atlantis Dubai offers a virtual tour highlighting the hotel’s main features through visual immersion. 

The benefit: VR prompts future travelers to daydream about experiencing offerings before they arrive. Compared to other virtual tours, VR increases the elaboration of mental imagery and presence, leading to better brand experience, according to a study in Tourism Management. 

3. Going contactless

One of the biggest changes in the travel industry is how we think about hygiene. Between government restrictions and personal anxieties, hospitality companies can’t afford to miss the mark. 

The adoption of contactless technology like self-check-in, in-room technology, mobile keys and digital payments, increased by 66 percent during the pandemic, according to the Stayntouch/NYU Tisch Center of Hospitality Report. This number is expected to continue rising throughout 2022.

But hygiene isn’t the only reason hospitality companies are rushing to remove human contact from their service. In the wake of a pandemic-induced hospitality labor shortage, many hospitality companies transitioned to contactless check-in/out to reduce staff dependency.

Post-pandemic, we can expect human-to-human contact services to be quickly traded for robot receptionists, facial scan check-in, voice guest control, robot delivery and robot concierge assistants. 

4. Chatbot as a digital concierge

Hoteliers are scrambling to meet 24/7 guest demands. With fewer staff, chatbots are shifting from luxury to necessity. The percentage of hoteliers offering chatbots on their websites is expected to rise to 29.2 percent before the end of 2022, up from only 14.5 percent in 2019, according to the Stayntouch/NYU Tisch Center of Hospitality Report.

Think of the chatbot as a digital concierge, bringing the concierge desk to the palm of guests’ hands. This means a 24/7 ability to engage users, answer their questions and fulfill their requests. Marriott International’s Aloft Hotels created ChatBotlr, allowing guests to make requests from their smartphones, from toiletry deliveries to morning wake-up calls. 

Hospitality companies might implement guest messaging applications via guests’ own smartphones, such as Knowcross, Runtriz, Zingle, Guestware or Beekeeper. They could also install voice assistants like Volara or Intelity in the room.

5. IoT for room control and customization

With the trend toward efficiency, sustainability and customization, IoT (Internet of Things) empowers hoteliers to keep up. When installed in a hotel room or short-term rental, IoT technology allows guests to personalize room settings like room temperature and lighting. They can even reduce energy consumption by automatically turning off the lights when no one is using the room. 

IoT allows hoteliers to not only tailor the experience to guests’ needs but also anticipate them. Imagine coming home after a night out to a room set at 70 degrees, with the bedside lamp and aromatic diffuser already on. IoT can gather sophisticated data to create these intuitive spaces.

6. Location-based services 

Today’s travel is all about customized, localized experiences and hoteliers can use location-based services to create them. By seeing a guest’s location via their smartphone, hospitality companies can offer more intuitive local recommendations. Without needing staff assistance, guests can instantly access local information, such as the nearest grocery store or the best pub in town. 

A guest’s location can also improve day-to-day marketing and guest satisfaction efforts. For example, staff can send special offers to guests’ mobile devices when they’re near the hotel spa or bring water to a guest’s room post-workout. Additionally, knowing staff locations means quicker response times for guests, like sending the nearest employee to a guest request on the fifth floor. 

Related: Here’s How AI Is Going to Reshape the Hospitality Industry

Hospitality tech revolution predictions 

After a momentous year in history, the hospitality industry cannot expect a return to normal. Today’s traveler wants more contactless support, self-service and risk-free travel. If hospitality companies are going to keep up, technology will be paramount. 

Between gamified travel planning, VR tours, contactless service, chatbots, in-room IoT and location-based services, it’s a whole new world for hospitality players. But it’s up to us to stay in the game by embracing tech-enabled efficiency, customization and flexibility with open arms.

Related: How to Impress Guests in a Changing Hospitality Industry

 

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The stock market is in the midst of a brutal correction. Despite Monday’s bounce, investors should remain cautious as there remains a considerable downside risk. Read on to find out how the POWR Growth portfolio continues to outperform the S&P 500 (SPY).



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(Please enjoy this updated version of my weekly commentary published May 2nd, 2022 from the POWR Growth newsletter).

The market never makes it easy. For bulls or bears.

Today, the bears were looking and feeling like geniuses as the market broke below the February 24 low of 4,100 on the S&P 500 which has served as a key support line for the market and us. But, these feelings of satisfaction probably turned into grimaces as the market staged an impressive turnaround to finish the day in the green with our portfolio finishing up 1.3%.

In today’s commentary, I want to discuss why I’m not getting my hopes up despite this pleasant turn of events and what is concerning me at this moment. Then I’ll discuss the steps to take if the market does break below 4,100 decisively, and then some thoughts on China and energy. Finally, we will cover recent movements and earnings reports from our portfolio.

Market Commentary

As usual, we will start by reviewing the past week…

Here is an hourly, 3-week chart of the S&P 500:

Following last week’s 2.2% drop, we are down 3.3% this week for the S&P 500. And, at today’s low we would have been down 5.5%. An eery coincidence given that at last week’s low, we were down 4.4%.

We had slightly more pain in the Nasdaq and Russell 2000 which were down by 3.6% and 3.7%, respectively.

Not Getting My Hopes Up

Today’s bounce was clearly quite impressive, but I simply see it as more of the function of an oversold market with a very bearish sentiment. The nature of such markets is to have such bounces. And, these bounces could get even bigger, more violent, and explosive if we keep trending lower.

The market’s next catalyst is going to be the FOMC meeting in May 4 where expectations are for a 50 basis points hike with an outside chance of a 75 basis point hike. And, this is expected to kick off a series of 50 to 75 basis point hikes over the next few meetings.

It’s hard for me to see the market sustain a rally into such an event especially as the market is facing dual threats of inflation and a slowing economy.

What Concerns Me

As we’ve covered in previous commentaries, the bull case for the stock market was that the economy would grow fast enough to withstand the eroding effects of inflation.

I believe that the current weakness is due to investors seeing increasing odds of an economic downturn. And, this is primarily due to lockdowns continuing in China. But, we are also seeing many leading growth indicators start to roll over like ISM New Orders which often is an indication that the industrial sector is decelerating. Cyclical stocks are also pricing in a recession or a slowdown.

And, this scenario is the market’s worst fear. Slowing or negative growth means that earnings will decline, while higher rates mean that multiples contract.

Next Steps

As explained above, I’m having a tough time getting too enthused about today’s bounce. And a retest of the 4,100 level seems inevitable with the FOMC meeting coming up. Another thing that I’m seeing is that earnings are great, but stocks are popping and then finishing red which is consistent with investors seeing an earnings slowdown.

So, the next step for our portfolio is to get even more defensive if we break below 4,100 as this would be an indication that the intermediate trend is now down for the market.

China

The lockdowns and restrictions in China are a big deal. Mobility and activity measures in the country are at early 2020 levels in many parts of the country. Further, it’s already exacerbating supply chains and transportation bottlenecks which had just started to heal.

Basically, it’s not good when the second-largest economy in the world is knocked offline, and the normalization of the economy in terms of supply chains is likely pushed back another few months.

According to analysts, the CCP has pursued a zero-COVID policy over the last 2 years over vaccinations and boosters. In addition, the Chinese vaccines simply haven’t been effective. Therefore, a pivot is unlikely especially as local and regional political leaders are being evaluated based on case counts.

Based on the US, we know that the omicron outbreak ran out of steam after about 6 weeks. Due to vaccines and better treatments, deaths and hospitalizations didn’t materially rise like previous waves.

China is in a different place due to its system of government, policies, and lack of protection whether it’s prior infections or vaccines.

Energy

I wanted to check in on energy. Currently, oil is at $105 where it’s been consolidating since its drop from $135. I’m finding oil’s resilience quite impressive especially given the decline in demand from China.

What happens when this comes back?

So, I’m watching with interest, and my expectation is that energy will once again outperform when we emerge from this correction.

What To Do Next?

The POWR Growth portfolio was launched in April last year and has significantly outperformed the S&P 500 since then.

What is the secret to success?

The portfolio gets most of its fresh picks from the Top 10 Growth Stocks strategy which has stellar +48.22% annual returns.

If you would like to see the current portfolio of growth stocks, and be alerted to our next timely trades, then consider starting a 30 day trial by clicking the link below.

About POWR Growth newsletter & 30 Day Trial

All the Best,

Jaimini Desai
Chief Growth Strategist
Editor of the POWR Growth Newsletter


SPY shares fell $1.30 (-0.31%) in premarket trading Tuesday. Year-to-date, SPY has declined -12.46%, versus a % rise in the benchmark S&P 500 index during the same period.


About the Author: Jaimini Desai

Jaimini Desai has been a financial writer and reporter for nearly a decade. His goal is to help readers identify risks and opportunities in the markets. He is the Chief Growth Strategist for StockNews.com and the editor of the POWR Growth and POWR Stocks Under $10 newsletters. Learn more about Jaimini’s background, along with links to his most recent articles.

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