Max fear on the dollar the last few weeks with metals going parabolic. Low cap stocks frothy. Surprising fed chair nominee. A repeat of the sept-nov move looks likely now. from a technical standpoint this setup is as good as it gets.
Used this opportunity to purchase some Great British Pounds to reduce dollar exposure a little and the fact I am short on the ideas front right now. Think 100 will be hard for DXY to crack
- BTC touching the prior cycles ATH
- Around the 200w M/A
- Weekly RSI at 25
- Front ran the stock market
A lot of similarities between the situations, just differences in how and why it got there. Im bullish on the future of cryptocurrency and will allocate to reflect that.
Surprisingly did not move on the starlink/apple potential partnership news. that being said, in the near term there is more risk to the downside than the upside in my opinion. unsure how the spacex ipo plays out with relation to space sector competitors.
$ASTS currently ~ $28b MC.
smooth launch and 50-100m users at $1/2 per user = 1.2b revenue per annum * 25 p/e ratio = ~$30b market cap with napkin math.
around 1.5 - 3% market penetration.
The supply deficit isn't going anywhere. Spot has moved from 80 - 100 since the post, $UUUU reaching highs of 27. unsure what the short term impacts of the commodities wreckage will have. the future is green and glowing
10 year range breakout and retest with a structural supply imbalance for spot uranium. send it $UUUU
downside is fairly binary.
Tech doesnt work its going to zero.
Delay its going -10% to -50% down.
Anything below 22b MC is value providing no catastrophic failure.
Upside is 5-10x higher.