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Trade Alert: pump.fun Is Everything That Is Wrong In Crypto Right Now (We're Short)
We are adding some crypto shorts as the speculation and greed in this asset-class has gotten out of hand.
A Trading with Cody "Trade Alert" went out on March 8, 2024, with a full writeup, when it was at $83. It closed on May 13 at $132.
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We are adding some crypto shorts as the speculation and greed in this asset-class has gotten out of hand.
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We are going into The Great Reset 2.0 with our portfolio and the markets at all time highs.
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Let's Not Get Too Infatuated With Elon, Tesla, or This Speculative Market Right Here, Right Now
Trade Alert
Note that we've got a couple of trade alerts mentioned below. Plus check out our earnings preview for Robinhood Markets, which reports tonight.
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We are adding a new position in the company that makes the most Revolutionary equipment used to make semiconductors for Nvidia, Apple, Tesla, and the like.
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We're adding two names that we have followed for some time and are well-positioned in two of the most exciting Revolutions happening today: biotech and alternative energy.
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We're putting on small positions in CrowdStrike and Intuitive Machines.
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We are hitting the road, and as you might expect, we sold/rolled down a few puts into today's ugly action after getting increasingly more cautious as noted last week.
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Here's some of the fundamental reasons the stock market might decline while the Fed is cutting interest rates, and how we can play it.
Trade Alert
A couple of Trade Alerts, plus updated analysis on some our favorite longs.
Trade Alert
It looks like we are finally getting the washout in tech stocks, small caps, commodities, and especially crypto, that we have been talking about for much of this year.