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I still haven't seen the stock market show up on mainstream news. Once it does the easy money will subside. Only traders talk about nVidia or Supermicro but BTC is more mainstream but I still believe most people look at it like S2007S and see it as a scam, a bubble token. You average viewer...

This comment aged very well and seems prophetic.

MSTR has gone up 94% in the last 6 trading days and BTC is up about 33%. The current market cap is $22.6 billion but their 193K BTCs are only worth $13.1 billion. I doubt the BI business of MSTR is worth $9.5 billion. More like $1-2 billion. Maybe speculators believe BTC is going to rise another...

What a joke. The government will do anything except take losses. This country has become like Japan and their fake capitalism. Nothing but subsidies and moral hazard everywhere.

If you watch the Frontline episode (President Trump January 3, 2017) about Trump's victory in 2016, Obama roasted him the April 2011 White House Correspondents' Dinner event and that was supposedly one of the factors that propelled Trump into running for President. He felt humiliated and wanted...

Proved positive by the crazy issuance of debt by Yellen & her cronies -- $1 trillion every 100 days. How is the west going to recover from this crazy MMT clown world?

I believe most of these leveraged ETFs like SOXS (or SOXL) use swaps and not futures. Sector index futures are pretty illiquid. I remember when ICE offered the FANG+ index future it rarely ever traded. There is a new ETN (XXXX) that tracks the S&P 500 Index but is 4X leveraged and it uses swaps...

If history repeats it will at least triple the previous high so that's 200K+. If the economy heats up or there is more inflation all bets are off. Cryptos are still subject the speculative crowd to get a lift like tech stocks with revenue growth not much free cash flow or EBIT. Personally it...

No point is selling crypto stocks until the cycle ends. Just triggers more capital gains taxes. The last cycle peak to peak was about 3.5X (69K/20K), if it repeats it will likely peak around 200K-250K. That could mean MSTR at $4K-$8K. Maybe MARA will get to $200.

The real crises to come is a sovereign debt default like what happened in the 1930s when the Austrian super bank Creditanstalt went belly up. If Japan raises there rates & China sells their US debt that would really spike the cost of funding in the US then granma Yellen can't keep issuing $1...

I think the reasoning for adding SMCI to the S&P 500 was that it's market cap was too large for the S&P 400 Midcap. The amazing thing is that it is still part of the Russel 2000 small cap (IWM) with a market cap of $50+ billion. Even the SPY is just another momentum fund. Deckers is up like 90%...

How ironic. Their logic: don't give money to the guy who created a trillion dollar company give it instead to ambulance chasing leeches.

That's interesting that you associate the red pill with leftists. When I used to read the manosphere blogs back like 10 years ago, the Red Pill movement was mostly a nod to the Alt-Right. They used to refer to mainstream press as The Cathedral. They had a language of their own. In reality the...

SMCI will be added to the S&P 500 in 2 weeks. Should go up another 20% or so. I remember when MRNA was added and it skyrocketed.

Just noticed SMCI is joining the S&P 500 on Monday March 18th. Its already up another 12% in after hours trading. It's probably going back up to $1078. Super Micro, Deckers to Join S&P 500 Index, Replacing Whirlpool, Zions Bancorp -- Barrons.com 6:34 pm ET March 1, 2024 (Dow Jones) Print...

I believe there as been 19% inflation since the highs were made so inflation adjusted you need a lot higher on the major indices to go to get to even. On the QQQ you would need $487 and that's another 9.2% away. On the SPY you would need another 38.3% ($571.2).

ET atmosphere changes rapidly. I've been here since around the beginning of the GFC and the funniest time was after the market bottomed around March 2009 (aka the Hayes bottom). We would get weekly "The Market is going to crash" threads and the funniest were the threads about how the market...

I heard this is often US citizens working abroad and they don't know about FATCA taxes.

Its a very cynical cover -- a Bull being levitated by party balloons. I had friends ask me if it's too late to get in. That is not FOMO, that is still fear. When people want to mortgage their house and go all in on NVDA AMD AVGO SMCI then you know its close to the top. That is literally what...

A note about eating out especially here in the US. The portion sizes are enormous. I remember one of my British friends told me the amount of food you get in the US compared to the UK or Europe was like 2:1.