【Voting Post】$Bitwise Crypto Industry Innovators ETF(BITQ)$ Bitcoin related stocks are booming with the steady rise in bitcoin prices... how long will it last, will BTC reach 100,000, I think it might.
I pick harris as winner, but I think in a fair election Trump would win...but a fair election seems like a pipedream. its a sad state of affairs, but then I am not a US citizen, so who really cares ... although the policies of the US affect us all, especially affiliated western countries... oh well, time will tell.
I suspect there will be a general brief pullback, followed by a bull run on the news of rate cuts, then a major rugpull and economic recession. But in the meantime, nvidia $NVIDIA Corp(NVDA)$ to at least 140 possibly new ATH if positive earnings report. IBM $IBM(IBM)$ is about to break ATH leading into September. So it seems tech is still where its at, until SHTF [Miser]
Nvidia $NVIDIA Corp(NVDA)$ broke the 9 day MA and may go to about 140 before maybe dropping again along with other tech stokes in the next week or two. (Perhaps just after the fed cuts rates 😳). Or maybe onwards... to the moon. Broadcom $Broadcom(AVGO)$ is also following the same trend, buy now, sell when topping out around $180, of course, one must always follow the charts. Just my 2 cents ( hopefully turning into a tidy little profit before it all drops back again)
【Voting Post】Long term alibaba $Alibaba(BABA)$ is in my opinion the better investment, with a more diversified business model, with retail, cloud and other services, and they have been around a long time and have perfomed well in the past. Also they now pay a resonable dividend, which is nice 👍 Temu $TENCENT(00700)$ is a more recent upstart in the retail of cheap chinese products, and have grown very quickly in short time, but with growing negative press and user sentiment. However they remain well known and popular with their in you face advertising and marketing campaigns. Maybe a good short to medium term holding, in my opinion 🤔 What do you think...&
In the years to come I hope there are New Zealand stocks, lowest fees, more competitions and interest paid on cash holdings. Then it would be the best platform anywhere, ever 👍👍😎
My only trick is to try and buy low or at least into viable companies, sell high(ideally)... but mainly patience I think is most important. $Microsoft(MSFT)$ $Qualcomm(QCOM)$
I have not tried the demo account, just dive in real money trading. But I might try the demo for some options practising and strategy testing...one of these days...