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Well stated. I use TA as a shortcut to understand & trade any asset class especially assets I don't understand that well. I remember someone stated that cryptos felt like tulipmania but since it came back from an 80% drop to go even higher proves otherwise. Tulip prices never recovered from the...

Great timing for this ETF. I was skeptical but you can't argue with the fact that it is up 30% in just the 5 weeks from launch. Now we need a -3X ARKK since the options are too illiquid to trade.

I use the 50-day moving average (SMA) to trade most things including BTC & ETH. I started to reduce my holdings on 11/26 which is when BTC went below its 50 day SMA. ETH stayed above the 50 day much longer (12/06) than BTC but in the end most cryptos will eventually follow the mother ship...

Looks like BTC is just another RISK ON asset. It trades like an e-commodity. The double top at 68-69K doesn't look good either. Even ETH is starting to tank with its daily 5-10% collapse.

Actually Trump was great at playing Fox News & CNN like a fiddle during the 2015-2016 GOP nomination cycle. I mean CNN couldn't get enough of Trump since he boosted their ratings. Even Fox News was largely against him when it started in June 17, 2015 with his declaration at his Hotel. They all...

Trump is the most polarizing figure I have ever seen. I appreciate his ability to piss off the media and make them look like propagandists especially the buffoons over at CNN.

The main problem with COIN is it just shadows the performance of BTC and the other is that it makes huge margins right now because of commission trades but why won't the commissions go to zero like everything else has? Its already cheaper to trade the cryptos that Robinhood sells -- of course...

That is the Achilles Heel of the index fund strategy. One that even Bogle acknowledged. Long term these become momentum funds especially in an unchecked bull market like we have now. The QQQ is essentially an extended FAANG ETF. The XLK is mainly just 3 mega tech companies: AAPL MSFT & NVDA...

Doesn't matter if they create a chip that is a hybrid of nVidia & AMD their stock is still going to zed.

No they don't. If they did the thieves that looted GE would be in jail for life not to mention that scumbag Immelt who destroyed the company. All the Titans of America believe in is endless bailouts from their political connections.

The same lament of the Hedge Funds which perpetually under-perform the indexes. Growth is growth -- whether it comes from Domino's Pizza during the pandemic or from Zoom. She is simply in hypergrowth companies. She has clearly beaten even the growth indexes like QQQ or VOT (Vanguard Mid-Cap...

I don't understand this thread. You started shorting these high flyers just when their charts were soaring higher and higher? In May 2020 ARKK just broke an all time high. Shorting Wayfair & PZZA when everyone was ordering furniture & Pizza at home? What was the thinking here? I mean by this...

I remember in late September 2008, right after the collapse of Lehman Brothers, the SEC banned short selling on the Financials. So the government wanting longs to win forever is spot on, but it doesn't say much about the "Free Marketeers" of the Bush administration. I was holding the SKF...

MSTR is fairly correlated to both the QQQ & BTC. Some sort of hybrid as is MARA & HUT, however the miners are 1 trick ponies so they are extremely leveraged. The MSTR Jan 2022 750 calls are currently at ~ $134 and if MSTR goes to $1500 it would be worth ~$760 so that's about a 466% gain. That's...

It was popularized by John Bogle who created Vanguard I think in the late 1950s. His books describe the problems with active management principally the outrageous fees of even the No Load Mutual Funds. Th Load Funds would add like 5-10% to initiate ownership. I think his research pointed out...

It used to be $6.99 + $0.65/contract. Now its just $0.65/contract plus reg fee. Here is one from my account from yesterday: Date/Time Description Amount Commission Reg Fee 11/10/2021 14:55:30 Sold 85 EWZ Nov 19 2021 33.0 Call @...

Its traditionally a real dog. It trades like a gold miner -- it follows the commodity price for RAM and other memory chips. RAM prices have been falling since the summer -- its down to $50-$60 for a 16 Gb DDR4 RAM stick. It might do well in the coming cycle if the new DDR5 RAM takes off. The...

So what did you think of the Das Leben der Anderen film? I believe it won the Oscar for Best Foreign Film in 2006. I saw interviews with some of the cast and a lot of them were former East German actors and they said it was scarier than the story they told in the film.

With Bitcoin at roughly the same price as back in February, why is MSTR down 35%? MARA & HUT are both higher since the last BTC 68K. If I remember correctly there was a massive mini bubble in the hyper growth stocks from 11/2020 to 2/2021.

Last 5 years of performance (Morningstar): ARKK +87.34% +3.51% +35.58% +152.82% -2.58% QQQ +32.66% -0.12% +38.96% +48.62% +23.50% I also calculated the cumulative return per annum for last 5 years & since start date (10/30/2014): 20141030 arkk 30.68 qqq 21.8 vot...