🚨 Major Market Update 🚨
The bullish cycle from Apr 2025 has ended across major U.S. indices, and a corrective pullback is currently underway.
Expect volatility. The next key area is $SPY 610 - 580 $QQQ 520 - 470 where buyers may step in.
#Stocks#Trading#StockMarket#Alpha
🚨 Major Market Update 🚨
The bullish cycle from 2022 has ended across major U.S. indices, and a corrective pullback is currently underway.
Expect volatility. The next key area is $SPY 512 - 480 $QQQ 420 - 370 where buyers may step in.
#Stocks#Trading#Stockmarket
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SpaceX is the most overhyped IPO of the decade and it will end exactly the way every overhyped IPO ends. Facebook IPO’d at $38 and traded under that for 15 months. Uber IPO’d at $45 and is still below that adjusted seven years later for a while. WeWork tried at $47 billion and ended at zero. Robinhood IPO’d at $38, hit $85, then $7. Coinbase IPO’d at $381 and was at $40 two years later. Rivian IPO’d at a $100 billion valuation with no meaningful revenue and gave back 90%. Beyond Meat. Peloton. Lyft. DoorDash. Bird. Each one a “generational company” the day it priced.
Each one a wealth destruction event for retail within 18 months. The pattern is not a coincidence. Hype IPOs are designed to transfer wealth from the people buying the story to the people who built the story. The bankers get paid. The early employees get out. The VCs get a markup they can show their LPs. The retail investor gets the bag. SpaceX is a great company. That has nothing to do with whether it’s a great stock at IPO. Greatness was already priced in five funding rounds ago. You are not getting in early. You are buying the exit. The only IPO worth chasing is the one nobody is talking about. Those don’t exist anymore because every IPO is marketed like a movie release. So the answer is: don’t chase. Wait two years. Buy it down 70% when the lockup unwinds and the narrative breaks. Or don’t buy it at all and put the money somewhere the bankers haven’t already extracted the alpha. Hype is not an asset class. It’s a tax.
In the depths of the 2022 crypto winter, our average cost basis was $30K while $BTC traded nearly 50% below it at $16K. What did we do? We bought more.
The playbook is running on schedule: choppy distribution leading to a divergent high in the Nasdaq just in time for the #SpaceX IPO circus. Then it's lights off imo.
History doesn’t repeat, but it rhymes. $HYG IPOing in 2007 right before the financial crisis is the exact structural blueprint.
They aren't launching rockets to Mars; they’re just launching the biggest bag-holding ceremony in human history. 🎒🌌
#Trading #Macro
Welcome to #Elliottwave Forecast. We cover all major asset groups around the clock, including Forex, Commodities, Cryptocurrency, World Indices, U.S. stocks & ETFs. #Stocks#Trading $AAPL $TSLA $SPX $SPY $QQQ
@Finahmenal My base case: the bounce fails next week and we head lower into July opex. Alternate path is one more ATH squeeze first, then lower into July opex anyway.
Either way, I think downside is still ahead. Get ready for blood. $SPY $SPX $QQQ #FED#FOMC
Be on the Right Side of the Market and let your money work for you. Blue box set ups gave us 153% return last year. Join us for 14 days Trial and start learning from our Market Experts. Link to register --> https://t.co/spZka7EStN #Elliottwave#Stocks $AAPL $TSLA $SPX $SPY
Improve your #Elliottwave knowledge & #trading skill through EWF educational material and 1-on-1 coaching. Different packages and classes available at https://t.co/QPZwVdnqHt