Crypto is a highly volatile asset with no real logic. I recently read a report about how it is currently reacting differently, basically talking about what it used to react to and what it focuses on now (liquidity and all that). But it mostly seems like made up excuses to try and comfort themselves and others, that somehow there is method in the madness. It is obvious that no one really knows why it moves up or down and can only make guesses. Without proper regulations, it can easily be manipulated, and I believe that if someone can empathetically tell you how it is going to go in the short, medium or long term, they are giving you a load of the freshest BS. As always, do your due diligence, invest in it if you can afford to have it go sideways.
I will be taking the time to read the articles on reputable sites for a better insight of what this entails. However, my rough input would be: if this is a circular economy kind of situation where Eli Lilly signs a contract just to look like it had some AI related investment and hoping to hitch themselves to the Nvidia rocket, for investors to rush in and boost prices of both companies, then it will be a step in the wrong direction. If they buy the Rubin chips to increase computing power and to boost their research ability then this will indeed be groundbreaking, allowing the "AI" to be correctly applied (not producing university essays or gibberish news articles), then Nvidia will have truly found another way to diversify. Much like the announcement of having Nvidia chips for self driving
$Exxon Mobil(XOM)$ Trump decided to enter Venezuela for the oil, but Exxon's top dog made it sound like the situation would not as lucrative as what the us president paints it to be. With how old current infrastructure in Venezuela is, it would take significant capital to get things up to date and running, which would then take years to make a profit, considering the intention of the invasion was to keep oil prices low, and likely why Exxon does not seem quite eager.
Looking at silver $iShares Silver Trust(SLV)$ with gold hitting highs and predictions of sell offs coming in the days to come, silver should be interesting to keep an eye on
The important variable would have to be political sentiment. The huge rally that happened when trump was sworn in, happened because he projected the right signals. Although it is starting to look like a pump and dump where he infected hype to get attention and make a quick buck, then pulled the rug and proceeded off to his next get-rich scheme. With the abandonment, some investors likely decided to give up, having entered because they thought there would be sustained efforts to hype crypto up from the white house. I think MSTR is overvalued
Saw a few sets where something like the Rising Three happens on the way up, 1 big increase with a few small decreases, then another big climb. The memory sector is intentionally messing with consumers in favour of the AI boom, I am wondering if it really is necessary.
Is it really a rebound when the slight dip was signalled to be a profit taking exercise? Gold's rise was forecasted, although I would be the first to advise against believing every prediction you see out there, to go up to 5000 (from 4000) in a year. While that was slightly ludicrous to read, it made sense considering the world's instability never truly went away. Beginning from COVID, russia invasion, Israel Hamas war, Thai Cambodia border conflict, things just kept churning, helping to prop up gold as a safe investment. When gold, silver and other precious metals spiked and news of record highs came out, it likely fueled latecomers to rush in when the profit taking exercise happened and prices dipped. However, not all precious metal have the same attributes, some have more exposure
While the number of units sold looks strong, Tesla can no longer compete while having higher retail prices, not in the China market where competitors constantly try to bring great bang for buck, all while selling a ridiculously cheap car, almost in a race to the bottom. So the numbers have improved and growth is always heartening for a brand, but the long term outlook is whether Tesla still has room to conpete in the EV field based on price (not just in China, but the world too), because they cannot only focus on 1 market (look how China is trying to infiltrate the India EV market). Tesla has obviously pivoted hard to their other newer lines, like FSD/robotaxi, although whether that has any true success because Musk insists on using pure camera vision, is another mess in its
Oil will likely have a sustained slide, what with US tightening their grip on Venezuela. Interesting to note that Trump did not try to install the opposition that likely won the elections, had Maduro not rigged the results. Maduro's vice president, Rodriguez's tone does not seem to be friendly to Trump though and it is unlikely that the US president will take it quietly. She (or the powers that be) might have made a deal for the US to control the oil to allow her to stay in power as interim president for now.