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OT: Stock and Investment Talk

NVDA to the Dow a needle mover?
There may be some things that track the Dow but most funds if they track an index, it's the S&P. Whatever, move NVDA has will be on its own merit. Same for INTC for that matter.

Speaking of which, INTC had a good pop on earnings but still think that 24-25ish area will be resistance for it.
 
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There may be some things that track the Dow but most funds if they track an index, it's the S&P. Whatever, move NVDA has will be on its own merit. Same for INTC for that matter.

Speaking of which, INTC had a good pop on earnings but still think that 24-25ish area will resistance for it.
Good move for the Dow. Its correlation to the S&P 500 has faded over the past 5-10 years. They want to keep the Dow relevant and aligned to the broader market.

As for NVDA, everything helps, but you are right, the Dow isn't really a tradeable index.
 
Good move for the Dow. Its correlation to the S&P 500 has faded over the past 5-10 years. They want to keep the Dow relevant and aligned to the broader market.

As for NVDA, everything helps, but you are right, the Dow isn't really a tradeable index.
You’re more likely to see something track the Russell 2000 than the Dow.
 
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You’re more likely to see something track the Russell 2000 than the Dow.
GEV is over $300. Still holding onto the position since last week's earning report went well. But definitely feels extended. Energy infrastructure stocks have been pumping.
 
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Sold my entire SOFI position this week at $11.48. I bet it still goes higher (or one day gets acquired). But I had way too many shares I had been holding in the $15 range (ugh) and thankfully loaded up at $6 and walked with a 22% gain. Love turning terrible decisions into profit. I put some of the proceeds into GS because I think M&A picks up as rates go down plus GS still best in breed and I needed a financial to replace SOFI.

Also bought NLR as another nuclear/uranium play. I’ve been making money on OKLO/SMR but traded out last week (TWICE) after making 12%/15% in 2 hours only to have those stocks run another 25% just 15 minutes later = missed out on about $7K as a result (frustrating!)
 
Not what I’d consider a reliable source but that would be something if Apple bought Intel. Didn’t buy the QCOM rumors because of anti trust issues. Would say the same for Samsung. But Apple might be able to pass the regulators despite its size. It would be more vertical integration and also put it in the hands of a stable American company.

It would be unusual for Apple though as to date their biggest acquisition is still Beats for 3B. They don’t do large takeovers.

 
I still think Bitcoin sees 100-150 in the next year. I’m more focused on Solana and it’s ecosystem as I think it has a higher ceiling.

I’m holding IBIT and BiTX (2x levered ETF) in my retirement accounts. They are probably the easiest ways to hold.

I self custody Bitcoin bought via Coinbase which is another way to go.
Anecdotally, anytime someone says Bitcoin is going over $100,000, it always drops.
 
Not what I’d consider a reliable source but that would be something if Apple bought Intel. Didn’t buy the QCOM rumors because of anti trust issues. Would say the same for Samsung. But Apple might be able to pass the regulators despite its size. It would be more vertical integration and also put it in the hands of a stable American company.

It would be unusual for Apple though as to date their biggest acquisition is still Beats for 3B. They don’t do large takeovers.

Apple’s acquisition strategy or lack thereof is strange. FB and Google made their companies infinitely more valuable through deals like IG and YouTube. Yet Apple’s biggest one is Beats?!?! Apple couldn’t come up with their own line of trendy headphones? Beats/Dre were not even close to being worth $3B. Yet Apple has apparently already passed on deals like Rivian and WBD.
 
Not what I’d consider a reliable source but that would be something if Apple bought Intel. Didn’t buy the QCOM rumors because of anti trust issues. Would say the same for Samsung. But Apple might be able to pass the regulators despite its size. It would be more vertical integration and also put it in the hands of a stable American company.

It would be unusual for Apple though as to date their biggest acquisition is still Beats for 3B. They don’t do large takeovers.


Ain't happening of Lina Khan is running the FTC.
 
Ain't happening of Lina Khan is running the FTC.
Probably true but she might not be there either way. Anyhow, it’s just a rumor and seems unlikely because it’s not typical Apple.

 
I know some hardcore BTC folks that claim they will sell their BTC if Harris wins. They seem to think Harris is just talking BTC to keep up with Trump but will not be good for crypto industry. Thoughts?
 
I know some hardcore BTC folks that claim they will sell their BTC if Harris wins. They seem to think Harris is just talking BTC to keep up with Trump but will not be good for crypto industry. Thoughts?
Why not just buy Truth Social if it’s such a Trump play? That’s why it’s not a real investment.
 
I know some hardcore BTC folks that claim they will sell their BTC if Harris wins. They seem to think Harris is just talking BTC to keep up with Trump but will not be good for crypto industry. Thoughts?
If Harris wins she will instantly become focused on winning a 2nd term. While Trump would be better immediately, BTC and crypto are becoming bipartisan. Both will be fine under a continued Dem WH.
 
If Harris wins she will instantly become focused on winning a 2nd term. While Trump would be better immediately, BTC and crypto are becoming bipartisan. Both will be fine under a continued Dem WH.

If they keep Lina Khan you will know you're wrong.
 
If they keep Lina Khan you will know you're wrong.
Khan is busy with M&A and Big Tech. Also, the courts are still supportive of business thanks to all the Trump appointees, including the Supreme Court (which rules the day on any FTC actions). The key is dumping Gary G and that seems very likely with Harris. Trump will fire him immediately.
 
I know some hardcore BTC folks that claim they will sell their BTC if Harris wins. They seem to think Harris is just talking BTC to keep up with Trump but will not be good for crypto industry. Thoughts?
Why would they sell their BTC? BTC has gone from ~$7,000 to ~$70,000 during the Biden years… you must be a Trump supporter
 
Then, respectfully, you don't know anything about bitcoin.

A study:

"During the recent COVID-19 pandemic, many commonalities shared by Bitcoin and gold raise the question of whether Bitcoin can hedge inflation or provide a safe haven as gold often does. By estimating a Vector Autoregression (VAR) model, we provide systematic evidence on the relationship among inflation, uncertainty, and Bitcoin and gold prices. Bitcoin appreciates against inflation (or inflation expectation) shocks, confirming its inflation-hedging property claimed by investors."


I don't personally think of bit as anything more than a box of air. Its not tied to anything real and runs in fevered, FOMO markets until someone makes a scary tweet and the seams start coming apart.

But a lot of discussion floated bit as a haven in inflationary periods (inflation being a monetary issue). There were a ton of paid influencers (often pretty girls by a pool drinking tropical drinks) hyping the "new freedom" lifestyle.

In the long run bit isn't a store of value - its balloon that always goes up and then crashes - hazard of not being tied to anything. If Elon posts "Bit is ready to soar!" then it will go up. If he posts "Bit sucks!" it will go down.

The balloon chatter is rising again

Wall Street Billionaires Turn to BTC as Inflation Hedge, Moving Away from Bonds: Forbes​


In a notable shift within the financial elite, more Wall Street billionaires are turning to Bitcoin (BTC) as a hedge against inflation, moving away from traditional government bonds. According to FORBES prominent investors, including BlackRock CEO Larry Fink, have expressed growing confidence in Bitcoin’s potential to safeguard their portfolios amidst concerns over U.S. monetary policies and escalating national debt.

 
Why would they sell their BTC? BTC has gone from ~$7,000 to ~$70,000 during the Biden years… you must be a Trump supporter

BTC opened at 36k the day Biden was inaugurated. Makes a difference.

You must be a BidenBot. Fuzzy math. Just make up stats to suit your agenda.

You probably tell people the cities are neat, clean, safe, low taxes and have good public schools.
 
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BTC opened at 36k the day Biden was inaugurated. Makes a difference.

You must be a BidenBot. Fuzzy math. Just make up stats to suit your agenda.

You probably tell people the cities are neat, clean, safe, low taxes and have good public schools.
Almost doubling of bitcoin with approval of Bitcoin and Ethereum ETF's is no reason to sell. The point is that the Biden administration has not hurt the crypto market and Harris has not given any reasons to think that will change.
 
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Almost doubling of bitcoin with approval of Bitcoin and Ethereum ETF's is no reason to sell. The point is that the Biden administration has not hurt the crypto market and Harris has not given any reasons to think that will change.
There may be a short-term bump with a Trump win since he has become such a vocal supporter, but BTC will perform well with either in the WH.

And the same with the market.
 
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There may be a short-term bump with a Trump win since he has become such a vocal supporter, but BTC will perform well with either in the WH.

And the same with the market.
Any idea why VKTX dropped today after being up in the after hours?
 
Any idea why VKTX dropped today after being up in the after hours?
VKTX released additional positive data and the stock popped almost 10%. Then it dumped due to an analyst report saying the company will have production issues especially with the higher dose of their lead product. Haven't looked into the details yet, but might be a nice buy the dip opportunity.
 
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