Tom Waters

[Tom Waters @TomW816]

JPMorgan leads all money center banks higher Wednesday, undisputed leader of the financial rotation rally. #JPMBankLeader

[Tom Waters @TomW816]

Mid-week macro hedge tip: Small allocation to $GLD works great to offset intraday volatility from Fed speakers

[Tom Waters @TomW816]

Avoid low-float Monday pumps. Most are liquidity traps for retail traders. #PennyStocks #ScamPump All content is for educational purposes only, not financial advice. Always do your own research. Trade responsibly.

[Tom Waters @TomW816]

No more checking portfolio every hour. 📁

[Vikrant @tightvcptrader]

If Monday confirms today's action, some of these stocks could look very different a week from now.

My watchlist below 👇

🔖 Bookmark to revisit it throughout the week

[Ren @renstocks_]

Everyone is about to make the same mistake on SpaceX.

The most hyped IPO of the decade is coming, and retail will treat day one like the entry. It is the exit, at least for a while.

Look at what actually happened to the last five hyped IPOs. Robinhood dropped 92% from its IPO. Coinbase 93%. Rivian 95%. Uber 70%. The hype was priced in before retail ever clicked buy. Day-one buyers held the bag for one to two years.

Think of an IPO like a party that peaks the moment you walk in. The valuation already assumes the best version of the story. There is nowhere to go but down until the business catches up to the price.

Then the real money showed up at the bottom, when nobody wanted these names. Robinhood is now ~22x off its low. Uber ~7.4x off its low. It pays to be patient, especially when there is so much hype around these names.

Plus, this only works if the business delivers. Sometimes they don't.

Look at Rivian for instance. It trades at ~0.2x its IPO price four years later. I don't think this will be the case for SpaceX, but it's best to know all the possible outcomes.

I am not chasing the open.

If SpaceX is the business everyone believes, there will be a better price on a macro bad tape.

I'll own this name, but not on day 1. It pays to be first, but it pays more to be in the right place at the right time.

Thanks @moninvestor for making this so clear.