@CoffeeStocksGuy There are several major factors at play here. 1) Fed rate decisions (inflation vs bonds) 2) big money already invested that needs an exit 3) upcoming elections
For this to crash immediately would severely damage too many big guns. Expect manipulation and mania.
@WallStreetMav Teach him proper economics and pay him the same as if you hired a professional... if he can do a professional quality job. Otherwise, pay gets reduced with poor results. And in my experience, pay by the job, not the hour.
@Mr_Derivatives Only way I see metals not continuing up is if the dollar stabilizes as the world's reserve currency... something i just don't see happening.
@fundmyfund If this area holds, then it might be a breakout and backtest. I'm not an owner of $PLTR and have no immediate buy targets. Just an observation.
@CapCrusty1@zerohedge In the medium to long term yes. But the big money already in it can't exit for several weeks. Expect it to rise in the beginning, especially once the indexes start buying in after 15 days. Take exits early before the balloon pops.
@Liathetrader Do you not think there is a time scale to this statement? Especially Space X which had been set up for money to flow in for the first couple of months. Long term i agree with you, but i struggle seeing the price drop before we get a spike up. Big money wants to offload...
@fundmyfund Interesting. I hadn't seen this one before this morning. Looks to be breaking out with a good chance of seeing mid 16s. Still think this is a buy?
I'm not normally one who posts on X... not looking to build a big following or anything. But if interested, here are a handful of buy targets that i set in place late last week and are getting close.
FLY 40
RKLB 114
LPTH 15.25
UMAC 23
AVAV 180
ONDS 11.40
We shall see...