*This is not investment advice*
Strategy: We started Stargazing because our investment strategies WORK and we wanted to share them with the world
...truthfully, we also got sick of texting just each-other 🤑
The only reason $SQ would purchase Tidal is so Jack Dorsey could help his boat buddy save his struggling investment. I can’t think of another rational reason. Customer acquisition for Cash App? Even that argument is super flimsy...
Observations over the past few days:
1. Still medium term bullish as QE rages, but IMO this is not the time to be ultra aggressive in high-growth spec names.
2. We're seeing a shift to big tech $AAPL $FB $NFLX $AMZN from smaller spec names.
3. $SRTY hedge working nicely
If you're a long term investor there are some names on sale today $NVTA being one of them. Short term investors or traders may be getting stopped out.
It's important to define your style and stick with it.
Both are "right"
Some large pullbacks today and May continue. Good breather at the end of the year for the high flyers. Will set up the next move. Looking at $lmnd when it hopefully drops further tmr on lockup expiry
The only reason $SQ would purchase Tidal is so Jack Dorsey could help his boat buddy save his struggling investment. I can’t think of another rational reason. Customer acquisition for Cash App? Even that argument is super flimsy...