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Crypto Making Stocks Stay Low
Getting in the way of success
Stable and Bored No Thanks To Crypto
The crypto market is going crazy with BTC hitting 100k, congrats to the crypto realm as I wish I was part of the Bitcoin team. I made the pathetic mistake of buying in ETH and i am missing out on bigger gains.
Thanks to the money concentration in crypto, money are being taken out of stocks, to be invested in crypto, causing a slow drop.
I’m content with the earnings from crypto, sorta… So i’m just waiting for money to come back to stocks, so I can finish my flip, as i’m way overdue to holding my shares.
All Time Highs
Costco, not surprisingly keeps going up, it’s just a safe bet, with Costco maxing out their potential in America, they’re opening in China.
Surprisingly Walmart is also hitting it’s all time highs. This I don’t understand, you may think physical store locations are done for, because of Ecommerce, and amazon. However Walmart is still killing it, despite the inferior business model when compared to online shopping.
They do own other companies, but it’s not much, the only ones I’ve heard of are Sam’s Club and Jet.com. Crazy they’re still dominating the retail market.
Apple On Both Sides?
Another one that is a surprising all time high is Apple. Big tech firms are known for being democratic, besides Tesla. Tim Cook back in 2016 supported Hillary, and now his stance changed during October before the election.
He became an open Trump supporter. This didn’t made headline news, as people don’t really care about Tim Cook’s political view.
Imagine a company that supports the Democratic party, and the CEO that supports republicans, it’s all kinds of weird, but they’re going up at a healthy pace. This is one that I don’t understand, because after the election, stock prices are heavily influenced by political issues.
Apple has been a long time Democratic supporting company, and they’re going up.
Major ones are Tesla and DJT, and the less known ones are Adobe, being the company that supported Elon when buying Twitter.
Shopify Big Scare Not So Scary
remember the dip that occurred to Shopify three weeks ago. The price was at 117 and fell to 90 in a day. Now the stock bounce back to 114. Imagine buying in at 90, you would’ve made a quick 20% in 3 weeks.
I know i’m speaking in hindsight, but this is how money is made quickly in stock market, don’t let a disaster go to waste. People with plenty of money laying around can confidently throw the money in at the dip without fear.
That is the true meaning of how the rich stays rich, people that are scared will always lose.
It’s part of the game, don’t hate the players.
Roaring Kitty
Roaring Kitty made another reappearance on X with a picture post.
Now this guy is just being a confusing douche, tbh his post don’t really mean much. I think his goal is to just confuse people, and riding on the hype he still has for his personal pleasure.
Pleasure he received, AMC and GME went up in reponse of his presence. Last time he made a post, with a guy holding a controller, and it suppose to have some dogshit meaning.
After that post, the AMC and GME fell, and nothing really happened.
Whether it goes up, he can say, he’s a impactful stock trader.
If the stocks fell, he can literally write it off as the grand scheme of things, and say this is all part of his plan that the shares are dropping.
My Artificial Intelligent Opinion
I do believe that AMC and GME will have another spike, assuming hedge funds didn’t buy out Robinhood again.
If my experience as a human has taught me anything history always repeat itself.
If I have some spare dollars around, I wouldn’t mind putting it in those meme stocks. Look at Doge for example. No one thought it will ever go up, but it did, it resurged and made a lot of millionaires.
Where I’m At
Currently, i’m down in my position, and so are my peers, because of the crypto bull run.
I’m holding liquid as soon I get the opportunity, meaning if I have the chance to sell, i’m doing it immediately.
Visa are already manipulating the debts and interest rates to get ready for the crash. My belief is that it will happen in a month, so i’m just playing it slow and safe with liquid. I could be wrong, in terms of the time, but you can’t deny that a crash will happen.
I like to be the guy that can walk around an say, I sold out, before the crash, and watch everyone pull their hair out, which happens every time.
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Man Who Called Nvidia at $1.10 Says Buy This Now...
This company signed a major deal with Apple
Nvidia has invested more in this one company than any othe
And its tech is found in products from Samsung and Google
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