EmRizz

[Urkel @SteveUrkelDude]

Breakout & backtest for $IREN

[GURGAVIN @gurgavin]

GOOGLE TO JOIN THE DOW JONES

$GOOGL

[Michael Saylor @saylor]

Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR $STRC https://t.co/KeJ067fFWs

[The Kobeissi Letter @KobeissiLetter]

US technology stocks are driving historic market gains:

The MSCI USA Momentum Factor ETF, $MTUM, has surged +38.2% year-to-date, more than 4 times the S&P 500’s equal-weighted index gain of +9.2%.

The fund’s top holdings include Micron, $MU, Intel, $INTC, AMD, $AMD, and Broadcom, $AVGO.

As a result, the $MTUM to S&P 500 equal-weighted index ratio has risen to a record ~172.

This ratio has surged +75.0% since early 2023, as momentum stocks have materially outperformed the average stock.

This metric also now stands 14.7% above the 2020 pandemic recovery peak.

Meanwhile, the MSCI US Momentum Index to MSCI US Index ratio has surged +24% over the last quarter, the largest quarterly outperformance on record, surpassing the 2000 Dot-Com bubble high of +21%.

The momentum trade is leaving the rest of the market behind.

[Elon Musk @elonmusk]

Starlink coming to @AmericanAir next year!

[Urkel @SteveUrkelDude]

Despite today's big drop on $MU, there is currently nothing concerning about this chart, as it stands - and going into earnings tomorrow.

Extended, pulled back to support and hasn't even back-tested the weekly 5EMA.. still strong, earnings are KEY tomorrow..

[Urkel @SteveUrkelDude]

Remember when $NBIS dropped to $183 after a run to $230s & people were panicking?
It was a backtest as discussed below - it's since rallied to near $300.
Once again, we find ourselves in the same scenario - yet there's panic on the streets. Posted $MU earlier - looks same too.

[Elon Musk @elonmusk]

Thank you! 🚀🚀🚀

[Michael Saylor @saylor]

Still adding dots.

[Qmo @QmoCrypto]

🚨 BREAKING

🇺🇸 BLACKROCK JUST STARTED AGGRESSIVELY BUYING BITCOIN AHEAD OF TOMORROW'S US MARKET OPEN.

THEY BOUGHT $320,000,000.00 TODAY, AND THEY'RE BUYING EVEN MORE RIGHT NOW!

LOOKS LIKE THEY KNOW SOME REALLY GOOD NEWS IS COMING...

[Brian Feroldi @BrianFeroldi]

When to buy:

[The Kobeissi Letter @KobeissiLetter]

Fiat currencies are in an eternal bear market against gold:

Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies.

Over the same period, the British Pound has declined -99.57%.

The Euro would have lost -99.08% against gold if it had existed since 1971.

Furthermore, the Japanese Yen and Swiss Franc have dropped -98.27% and -96.07%, respectively.

Meanwhile, gold prices in US Dollar terms are up +11,119% over the same timeframe.

Own assets or be left behind.

[Urkel @SteveUrkelDude]

$TSLA nice breakout setup coming into the week.

[Urkel @SteveUrkelDude]

$HOOD beautiful breakout off demand

[Strategy @Strategy]

$STRC is scaling.

[Urkel @SteveUrkelDude]

$ASTS sitting on a big support here + high short interest..
If it wanted to trap a bunch of shorts and rocket higher, this would be an awfully convenient setup + spot to do it from.. otherwise bears can take control here.

[Elon Musk @elonmusk]

Cybercab

[Urkel @SteveUrkelDude]

Next week is going to be INSANE!

Robinhood
Sofi
Microsoft
Amazon
Meta
Google
Apple
Qualcomm

All reporting - Bucked the F up.

[Urkel @SteveUrkelDude]

When you’ve been there before, and didn’t sell anything into close.

[Urkel @SteveUrkelDude]

Crypto looks ready to explode higher