@brockhoff1@DavidANicholas There’s 2 things that kept $BLOX from getting upside.
1. David was having a protective put deliberately to seal the bottom, in case $BTC goes to 30k.
2. They added Semis at the peak 🤦🏻♂️
While I agree with #1 strongly, i feel that #2 was not worth it. They’ve rebalanced now.
@alphaticaio Great analysis!
This is Q4, so there’s very less new capital flowing into the market, it’s mostly rotation as you pointed out.
So, the safest bet is to buy long calls on $SPY and sit tight.
@BeardoTrader Man, your predictions have become dangerously accurate in the recent past. Time to hone in on those psychic powers and tell us when $QQQ bottoms, so we can all load up on calls.
@amitisinvesting 🙋♂️
Greed > Morality !
Although today the Wall Street pretends to care about morality and character, tomorrow it’ll give a damn about them and follows the money!
I’ve lived long enough to see this happen several times in the past.
The stock market is in what I believe is a historic,final parabolic leg of a 44 yr secular bull market.I am raising some of my targets as follows: SPX 10,000, Nasdaq Comp 36,000, DJIA 67,000, RUT 4000, QQQ 950, SMH 800, gold $7000 & silver $200. My other targets remain unchanged.
BREAKING: Nasdaq 100 futures erase all losses and turn green as investors buy the dip after Nvidia CEO Jensen Huang's relationship with a Chinese spy.
The Nasdaq just lost -$250 billion and added +$300 billion all within 7 minutes of the market's initial reaction to the news.
@darkminer@liquidtrading Yes, it’s just a freckle in time.
Gives a great opportunity for long-term buys.
At the end of the day, Wall-street doesn’t give 2 Fs about what he does, because greed always wins!
@alphaticaio This is a really good post and well laid out! You should make this as your pinned tweet.
Thanks for helping navigate retail investors through this murky market outlook.