MGA Wealth Management LLC
Standing Meeting
November 6, 2024

Attendees:

• Alec Klungle
• Cody Yancey
• Jason Cline
• Teddy Anderson
• Boyd King

Agenda

Color Key: Completed | In Progress/Did Finish | Moved to Next Standing Meeting

• Bullshit
• TOUR Update
• Housekeeping
• Election & Market Discussion
  • How does this change your fund’s strategy?
• Fed Announcement Tomorrow
• Crypto
• How do we utilize our leverage?
• Fund Moves

Next Steps:

• All

Notes

• TOUR
  • We will book before Christmas
  • Last week of June
  • Teddy will assist in finding a spot

Housekeeping

• We are going to move these meetings to Monday nights

Election

• CoinBase
  • Popped big today
• TTD
  • KRE calls purchased
  • Still holding one NVDA call
  • Sold one NVDA call for good profit
  • Also purchased IWM calls today
• Futures Play
  • Let’s utilize our leverage/margin
  • Futures only take up buying power, not cash
  • Approved
• ADM – Macro Trends
  • Reaction of post-election is positioning (for upcoming/anticipated Trump policies)
  • This is big because Republicans now handily control Senate and probably House
  • Corporate Tax cuts can be anticipated
  • No student loan forgiveness, we’re fucked
  • Domestic oil/energy should be in focus
  • Obamacare could maybe go away
    • Alec will look deeper into this
  • Foreign policy of isolationism
  • Interest rates: Dollar strength & interest rates
    • Stronger dollar hurts net exporters
    • Tariffs are net inflationary
  • Immigration – Fuck Them All To Death.
    • This could be inflationary
    • In an anti-immigration world
  • Inflationary
  • Deregulation
    • SEC & big gov’t not looking to fuck companies anymore
  • Looking Ups:
    • Tech
    • Financial
    • Healthcare? – Repealing Obamacare is bad, though
    • Healthcare plans – Would be great with a repeal of Obamacare though
  • Looking Downs:
    • Real Estate – less immigrants to do work/making construction more expensive
  • Overall, we’re looking like we are going to be inflationary
  • Stronger dollar is better for smaller companies
• We were late to this game, but we can make plays based on the current positioning of the big money & the way it moved today
• I got lost. Boyd derailed me on inflation or housing or some shit.
• We’re all poor is all I got.

Heat Map from November 6, 2024 – One Day post-Trump Election (attached)

 heatmapNov6.png

• What are our new views?
• What are our Trump plays?

Miscellaneous