Just look at this embarrassment.
Zoom has lost 50% of its value since last October. This is one of those stocks I dubbed ABC: Accidental Beneficiaries of Covid (of which Moderna is the king).
Until last night, he was getting really annoyed and frustrated with crypto.
The whole space tourism thing is probably fifteen years too early. I’ve marked with an arrow when Branson did his little billionaire space visit for a few minutes. CHART
Welcome to Powell Day. It’s a shameful pity
The subreddit known as Wall Street Bets is well-known as the haven for inexperienced young “traders” who are always on the prowl for the next easy, surefire way to make some quick money.
Witness what Amazon (AMZN) has done since UberDouche Jeff Bezos decided to take a flight in space that lasted several minutes. The stock has lost almost $300 billion in value, and frankly, it is still wildly overvalued, probably by ten-fold. But it…
Take note of the horizontal, and in particular, the substantial amount of trading activity above.
The small caps (as represented by the ETF symbol IWM, below) has been range-bound literally all year long. Charts.
The images and sounds from Kabul that I witnessed on Sunday’s broadcasts were so troubling to me that I woke up at 2:30 a.m. Monday morning and did not go back to sleep.
