A lot of people have asked me what is my highest conviction stock pick. Stuff like $BB, $ABCL, $IOVA, $URA etc are all long term trades and have/will continue to do well with near term momentum and significant upside.
HOWEVER, my friends know: My #1 HTF pick is still $LPTH. Its a multiyear trade for generational wealth. If you havent read the DD, go read it on the research discord or follow @BussinBiotech for all the alpha. 🫡
“So you spent the last 8 years trading low float high fdv crypto tokens and learned how hard they can scam pump initially”
“That’s correct”
“And then you went over to trade stocks and shorted SpaceX on launch week despite knowing it could do the same thing”
“That’s correct Dave”
“All because fintwit told you it was overvalued and wasn’t profitable”
“Yes that’s right”
Crazy, and not very fun fact
If you had been in t-bills OR cash the past 5 years and not taken a single trade, you'd have out-performed the total crypto marketcap, including BTC. And that's without adjusting for inflation
If we exclude stablecoins, btc, eth and just go with alts it's the only market in the world to not be or have made ath's during that period.
-$16bn
I believe this is near to the most negative delta day I've ever seen.
This is put buying and call selling in size in the SPX.
very very strange, and it feels not great.
Semi & AI Adjacent trades are repricing as bond yields go higher in a risk off move.
After Hours pricing on 3 platforms, same stock: $ORCL
@RobinhoodApp, @HyperliquidX & @Yahoo.
NY premarket in 6h should give us an idea if this pricing is optimistic or goes lower. I expect lower.