Guavaxf3006
Guavaxf3006
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$Strategy(MSTR)$  Looks like it may not just be a Chip collapse. Crypto is falling off the cliff too.  MSTR hit new 52 week record low last night. And it looks to be going further down. With MSTR's onky game plan hedged to Bitcoin continuing to go moonshot, this is looking like a meltdown is in the works for this ponzi.
avatarGuavaxf3006
06-23 17:00
Expect this to last a couple of days. It started yesterday but for a selected number of counters. Today, at pre-market, it has spread to all Nasdaq. If previous patterns can be followed, there may be recoveries seen on Thursday and Friday.  But don't take my word for this. It's just what's been happening recently.
Stock Track | Marvell Technology Plunges 7.69% in Pre-market Amid Chip Sector Weakness and Profit-Taking
avatarGuavaxf3006
06-23 13:22
$SpaceX(SPCX)$  At this rate of collapse, it may end below IPO price soon. In fact, historically, most IPO's ends belows the issue prices after the 2nd week of trading. So don't be surprised if this happens again.
avatarGuavaxf3006
06-23 08:42
$Marvell Technology(MRVL)$   Correctly was wild these two days. Conventionally, it feels overdone. And should noy be surprising seeing how much MRVL has risen since Jesen became a fanboy. But for those who have bought into it, did you buy it just because everyone else was doing so? Or did you hear what Jensen and many others said? That MRVL is positioned to be one of the fastest growth stock this year. Growing even more that it has already done. Billion $ question. Who do you believe?
avatarGuavaxf3006
06-22 08:00
$SpaceX(SPCX)$  Will Iran's threat to attack all Elon Musk companies in the Arab region start a panic for SPCX?
Trump is sounding really desperate for the peace deal to finalise. 
US Disputes Iranian Claims About Closing Strait Of Hormuz As Negotiators Head To Switzerland
$SpaceX(SPCX)$  A very strong rebound is happening this last five minutes. This suggest the profitakers have cleared off their positions and a new wave of players have taken positions. We may see SPCX get back to last nights close by end of post- market trade today. Very dramatic movement.
$Strategy(MSTR)$   New 52 week low for MSTR. What does this mean in terms of the impact to all the commitments of dividend payment for all those prefered share issued?  Michael Saylor is not having a good time even though the entire Market seems to be rallying.  How is he going to raise more cash to pay off the early stakeholders now. Ponzi scheme is imploding.
$Strategy(MSTR)$   When Dow, Nasdaq and S&P500 hits record highs and Bitcoin and MSTR crashing down, this should be a super loud warning for all. The narative is lost.  MSTR's strategy of holding bitcoin does not work. It's a clear ponzi scheme.
$SpaceX(SPCX)$  Looks like the euphoria is wearing out now. The question is how much will it be giving back today?
Trump is such a discredible person. How could America and the Replublicans had picked him to be their president.  Bomb Iran? With what? The US have been drained dry. They have no more money to replenish all the bombs they dropped. Trump is having to go back to the Congress for more funds which they don't have. It's going to be money printing again.  For sure the US$ is going to plunge further.
Trump Says U.S. Will 'Go Right Back to Dropping Bombs' If He Doesn't Like Iran Deal
I must say, the overnight rebound is nothing short of staggering. The mass stampede may push in play counters like Marvell and SpaceX into new 52 week/record highs tonight again.
Movement Alert|Marvell Technology Rises 3.07% Overnight, Semiconductor Sector Broadly Higher Amid New CFO Appointment
Not the real reason for MRVL to correct down so much. Yesterday's actions was market wide after a super rally. This is normal. The market can't have super rallies without a pause. I had called for this. Now be prepared for another reversal. Up. But it will probably not go back to the level of Friday's. More like halfway back up.
Marvell Technology Shares Fall After Outgoing CFO Offloads Shares Before Exit
Getting bubbly. A little dangerous when every Tom, Dick and Harry FOMO in.  Be careful.
24H | SpaceX Shares Continued To Rise Over 8% In Overnight Trading, While Chip And Storage Concept Stocks Generally Fell.
Nasdaq Rush. Yesterday's rally was great.  But be careful of it being too fast a run. This has all the characteristics of a FOMO stampede. And post-market selling seems to confirm this.  As always, a FOMO rally, when it runs out of breath, will turn back super quickly.  Don't get caught out.
I expect a spurt in shares early but this may be contained as markets have largely ignored what is happening in the Gulf these days. Both Trump and Iran have less influence now.
US, Iran Reach Deal to End War, Signing Set for Friday
Stock Market Super Bounce. Last night we saw a repeat bounce back after an almost record setting crash the previous day.  Global news aside, this is a very important lesson for all to note. Nothing is ever as is seems. If it is too obvious, prepare for a reversal. The Iran war on off is no longer moving the markets. People are bow realising Trump is all talk and no substance. This war is hurting him even more than Iran. He desperately wants Iran at the peace table. But back to the rally, again, be prepared for another reversal. If it is too obvious, it usually ends the other way around.
$Marvell Technology(MRVL)$  Brutal drop but it was not just MRVL or AI tech but everything.  Nasdaq, Dow, S&P500. Gold and Silver. Even Crypto. It was an everything collapse.  Now the worry is this is the beginning of the bubble pop that many were expecting.  Risk off for now. Time to hold on to cash.  Better to miss the boat than to lose everything. Missing the boat leaves opportunity to return. Losing everything means it's the end.
The Crypto fairy tale is ending. And wll those "businesses" which only existance is based on whatever Crypto assets they hold are in danger of drowning into nothingness.  MRTC is the worst of the lot. Michael Saylor's only "strategy" has been to hold Bitcoin and wait for it to hit a godzillion dollars each. MRTC's average cost for Bitcoin is around $84,000. Now it is below $60,000. No prize for guessing how their next quarterly results will look....
Investors Flee Bitcoin ETFs as Crypto Continues to Crumble
It's good news until it's not. This is how fickle the stock market is.
S&P 500 Sees $1.8 Trillion Wipeout, Nasdaq Tallies Biggest Point Drop On Record. Here's What Investors Need To Know About Friday's Selloff.

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