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Small caps lag behind because the hot money has been chasing large tech and other hot rods. Now with covid almost gone and businesses open up, we should see profits at small caps improve. The question is if the money coming back to whole market, or hot money still chasing the hot rods. I'd...

J. Powell dares to say that. Also, all the tightening surfaced AFTER Powell was nominated for another Fed term. Wise political move. Fed drops the ball really bad. The "transitory" and were full employment were a huge mistake. Even at 3% unemployment, we still way off to full employment...

Sure there are a lot more. Until most of them pop, market still not normal. Folks still buy dips of AMC and GME.... Still a lot of excess cash. Too much cash.

I would not care if this is a bear or bull market. But look at the valuation and P/E. That is what matters. MSFT: 33 AAPL: 28.90 GOOGL: 25.11 FB: 22.5 NFLX: 45.22 NVDA: 61.92 AMZN: 55.81 Those are just so ridiculous. All of them get more room to fall down.

Those buy dip days are gone. Tech down 2% one day, it goes up 3% the next day from the buying on dips. That is just silly. Now it is down 2%, up 1%, then down 3% more. That is what a bear market is. Then there is no bounce.....

Most of the stock bubbles are only from the several dozens of large techs. If you take those 100 companies out, most of the markets are still healthy. A lot of the stock prices are still below pre-pandemic levels. I see some stock pickers go into those stocks. All those traders' darlings...

As I said, those things existed many many years ago. They get no value themselves. Only instruments to go public quickly.

The problem with Bitcoin is that, no one knows where the "value" is. Or any price floor. What is the energy and computer cost to mine one single Bitcoin? Costing $40,000 or $10,000? Someone knows this number.

Actually there are already tons of SPACs over decades. A lot of them are those penny stocks that have no real business. That is what blank check companies are for. A real business can buy a blank check company who already has 10MM shares outstanding. Shares are trading $0.10 and the...

But here what "support" you want institutions provides? Those banks only agree to provide the platform or the tools for traders to trade. Banks never agree to put down their money to "support" Bitcoin prices. That is just mis-conception. What I see is that Bitcoin is a pure piece of virtual...

All those large tech stocks have more room to go down. Apple, Google, FB, Tesla, MSFT, NVDA and many more. Others like ARKs, PLTR should go down even more. All those retail traders' favorites. All are hyped. Go to buy some banks, energy stocks etc. Do not dump them with large tech stocks.

Most SPACs are frauds. It is very disturbing that SEC allowed them to exist. Blank check companies? They exist for decades or longer. So why suddenly they become popular? Because this is like dot com bubble #2 and there is so much dumb money out there. You can just start a SPAC and pick...

Here is what has been happening over the past two years. With the covid, we have a lot of stay-home retail traders. Also with $0 stock trading, retail trading is very huge. But if you look at the "markets", they are just the few "markets", never the broad markets. Large techs, meme stocks...

I think it is just easier to long SARK than shorting ARKK. But there is a management fee of the ETF.

I just saw this today. I'm slow.... Tuttle Capital Short Innovation ETF (SARK). How dare are they.... It seems its position is outright short ARKK with total return swap with some prime broker. Is there a double or triple short ARK? Some investors hate innovations.

I still believe all the crypto, Meme, SPAC and QQQ stuff are mostly traded by the retail traders. As a whole, money has been leaking from those markets. Cash has been disappearing even if there is no redemption. So traders have less cash to trade. When stock markets are making records...

Also, what happens when QQQ down another 20%. All MEME, SPAC and ARKK etc tank another 30% or more? Then money will be tight and all those retail "traders" throw the towels and exit the trading. Then Bitcoin will be dead. It is all the extra cash in the market, from Biden and some from the...

So Bitcoin is the heaven for those dark things?

Do a 20 or 30-day correlation study between Gold, Bitcoin with other indexes. Gold is down 0.23% today and Bitcoin down 10%. Gold has been rising from beginning of the year. Not QQQ or Bitcoin.

It does not look pretty. Bubbles start to burst. ARKK, Meme stocks, SPACs. BYND, PTON and a lot more. Bitcoin is never a store of value. It is only a speculative instrument. Whenever risk off, Bitcoin goes down. This is just opposite of Gold.