Michael Saylor has spent $63.9B on Bitcoin
His portfolio is worth $53.1B today. That's a -$10.8B loss
The same $63.9B into $NVDA at each buy date?
Worth $380B today. A +496% return
He's down $10.8B. He could be up $316B
The most convicted man in finance… is currently losing money
Laser eyes ❌ vs green chips ✅
Which would you have chosen?
Daily review for Thursday
I won't bite my tongue but this could be a local bottom
Saw some good strength in the afternoon after a rough morning
$SPY closed green after gapping down in the pre market, seems that every little dip just gets chewed up even faster
Big market winners today were $HCAT +45% and $MNTS +20%
In after hours $MRLN has popped +24%, this was on the watchlist 2 days ago so good job if you caught it
Other than that just waiting for pt's to hit so I can rotate some of my money into other stocks
Pretty happy with how this bundle held up after have 30-60% moves over the last month
$IREN $QBTS $ONDS $MP $ASTS
$MRLN
Defense is hot at the moment and there seems to be a particular focus on drones.
Autonomous aviation for defence is a multi billion dollar opportunity imo.
Former secretary of the Navy and former BlueOrigin CEO are on the board.
$MRLN has been beat down -55% in almost 2 months, it's sitting in a good position for early buyers and I will be referring back to this post in 1 year or 2.
This is definitely not a short term play, but if you believe in the growth of the defense sector especially in the U.S. which with the proposed increased military budget (1.5T) its worth keeping your eye on.
7.69 is the entry and then I would look to 11.38 and 14.18 as short term price targets.
$SOFI $HOOD $BULL
A few of finX's favourite names all finding themselves in good buying positions
The PDT rule ends on Thursday, removing the $25,000 minimum equity requirement
Retail brokerage platforms could be potentially benefiting from traders and smaller accounts that were previously constrained by the $25,000 threshold
If we do see a big inflow of retail traders some of these names will make very big runs towards the end of the year
Especially when we see crypto bottom as many of these stocks are based on crypto price action
All three are buys for me right now
$ACHR
Archer is part of the emerging aviation market, specifically commercial air taxi services
Investing heavily in research and development for commercialising its electric vertical takeoff and landing platform
The company remains committed to advancing its technology despite operating in the pre revenue growth stage
Recent earnings
✅EPS -0.28 Estimate 0.311
❌Revenue 1.6M Estimate 1.66M
This is more of a venture capitalist play, it is very reliant on:
-Certification success
-Commercial flights beginning
-Manufacturing progress
-Air taxis become a real industry
When speculation turns into a real industry then there is real money to be made
Price target of $25 by mid 2028
I like putting speculative and pre-revenue plays on here because I find it fun researching them
Does this provide any value?
@atownbrown08 Americas issue is there is no middle you are either far left or far right. Split almost 50/50 which is terrible if you want progress in a country.
@TheProfInvestor People got too fancy with crypto, if you look at timings of other cycles and bitcoin:native WMA crypto was never going to bottom until Octoberish. Imo 55k is still very much on the table
bitcoin:native
I am aware crypto sentiment sucks but can we talk about how perfectly I nailed this call
Literally said we would touch the 200 DMA (which we did) and then continue lower
LOWER
I still think $BTC is going lower before we start to move up again.
I don't really see a situation where we bottom out this early before October
We are creeping up to that 200 dma and we could get rejected off of that
Just something to keep in mind