Everyone has very low price targets for $oscr- My lower end target is $60 by EOY but more likely $80. I’m basing this on an obvious earnings beat possibly $600M for the year at 30 PE but i think that’s conservative.
All the tech IPOs this year will stretch liquidity just like they did in the dot com bubble. With Spacex, OpenAI, Anthropic, Databrinks, etc we are likely going to hit a very painful bear market beginning this year.
$BTC looks like it will bottom late summer. When we see OI tap 20 I would buy. We’ve seen MACD and RSI bottom on the weekly already just need everyone to forget about it. I don’t think it will be the next $GLD though. Saylor is like the only buyer.
TARIFFS HIT AMERICANS, NOT FOREIGNERS
New research shows U.S. consumers and businesses—not foreign exporters—are paying almost the entire cost of tariffs. A study of $4 trillion in trade found that foreigners absorbed just 4% of the burden, while Americans paid 96% through higher prices and costs.
The findings contradict President Trump’s claim that tariffs are paid by other countries. Instead, tariffs act like a tax on U.S. consumption and are likely to push inflation higher over time.
While European exporters have been hurt by reduced trade volumes, the economic cost inside the U.S. has been far larger. Economists warn that if tariffs rise further, the financial burden on American households will grow.
in hindsight the attention seeking egirls starting their 'trader'/'influencer' arc in 2025 was the most obvious top signal in the history of financial markets
We didn’t get 4.3% gdp with farmers going bankrupt, tourism dead, recession in 18 states, etc. Lutnick is head of Commerce and clearly fudged the numbers. Might be a while before people figure it out but it’s obvious to anyone with a brain.
Th easiest money this year was actually shorting meme coins when $TRUMP coin launched. @MartinShkreli was the only one I know who saw that opp. He also called $BTC overvalued at $100k basically all year.
This Epstein thing might get him impeached and removed from office. One thing I don’t think he would survive is Americans losing money- and we’re hurting so bad his approval numbers are plummeting.
Quite simply, last cycle we had multiple VCs and ponzis buying up and pumping projects to the moon. This cycle we didn’t have that. Also AI stocks hype overshadowed crypto hype.