Retard Apes

weird spot in markets rn. really feeling like summer. gotta be patient - selling some $NVDA and just trying to raise cash

https://x.com/eliant_capital/status/2087294140144861275?s=46 - bull scenario is adding leverage?

I like this comp. Smthg feels off…I’m trying to figure out what sends tech higher and really struggling

https://x.com/wild_randomness/status/2087213030484607028?s=46

Jfc

Crypto traders are back to doing ta and posting pnls about $600 moves in BTC

not super clean resistance but could tech stalling here. maybe its time for long $GLD short $NAS

as from my recent commentary I'm of the belief that tech/general AI trade has little upside left in the near term and think other areas are much safer/more attractive

also love $LLY chart and think healthcare, GLP, weight loss, etc is a good sector to be long. Building a position here need to do more research but could see this being the biggest chunk of my portfolio for the next year

Also prob a good time to raise cash (atleast trim some equities) with SPY at aths. have cut $RDDT and $BB. basically have 0 tech exposure besides $NVDA

good place to tp already but holding this longer term anyways. i want double digit

Btw…

https://www.youtube.com/watch?v=p0NDaHgP3Bk - another good piece on BTC from cav. 100% agree the vol is what we need to watch. OI grinding up, price still range bound —> vol expansion, price move to upside, short covering etc

filled 2/5 market order here rest have limits set

First trade is shorting $SPCX with perps. Unlocks/earnings nuke marked bottom for SPCX. stock up 25% since then and trading even higher overnight on HL. i'll post a good write up next week but high level take is that stock is still in a downtrend, unlocks create selling pressure, havent seen real IPO capitulation, and indices are at an ath and spcx cld serve as a good equities hedge

Back in the game