To The Moon

Both Trump and Elon behaved Like immature jokers, eager to entertain the hungry public! 

Trump is a shrewd & tricky businessman all along & he thought the same business trick would work in politics as well. Unfortunately for him, he looks like circus clown, none to be taken serious. He would change his course within hours if not minutes. This highly unpredictable nature of him has become his predictable nature. US, you get what you truly deserve " a madman as your president & an arrogant VP who talks & speaks like a kid who hasn't been brought up well, doesn't know how to talk" 

Trump behaves exactly like a school kid with no idea as to what his actions would bring about or cause a complete economic chaos for his nation & the rest of the world. Even though he reverses all his policies back to the pre tariff level, things won't be the same. The confidence is shaken up now & wont be the same soon. 

The damage caused by Trump's Irresponsible tariff hikes & attacking all the countries including some very small nations is beyond repair, it has shaken up the confidence of the entire world had in America as a pioneer in global free trade. I believe this would make China even stronger as it navigates through this tricky water. Trump isn't not only hurting foreign consumers, but more damage on his own American people making their lives more miserable. If Peter Navarro is a moron, Trump is a bigger moron & the American people who voted for Trump are no exception. Sad truth. Businesses across the boards are confused lot now, no one has clear idea which direction it's heading except for long drawn out global recession orchestrated by Trump & his moronic cronies. 

Well QQQ has been in overbought position quite for sometime & it still has gone up pretty much, sometimes defying all the logics. It's good to be prepared for some sudden sharp pullbacks, in between the ongoing bull run,without any warnings. A small small negative news/sentiment is good enough for the market to begin its free fall Until the support level. 

Well that's how it's done!!🔥

The inevitable has happened now, the sharp pull back has been in the offing quite for sometime, now that the market is in the correction mode, expect some more corrections or pull back. NVIDIA alone erased about $300 billion much bigger than the market cap of AMD. Playing PUT on QQQ became quite an interesting event! Once it settles down, expect the bull sentiments to set in again which would eventually carry on the bull run once again till the major Crash 💥 like in 2007/2008 happens somewhere in 2026, bull run is not gonna stop that fast. US has printed Trillions of dollars during the pandemic, election is due in November 2024, Fed isn't in a hurry to cut the interest rates that soon, inflation isn't yet under control as they are trying the public to believe. Digital Assets ETF's are gett

Well it would all depend on how Nvidia's top management are able to take advantage of being the leader/first mover in the field. We have seen many seasoned big time investors believing in the similar fashion with regards to Tesla as well, to put it into writing " Tesla is not just a EV manufacturing company " That might be true in reality but so far the company- Tesla has not been able to take full advantage of being the first in the EV sector but on the contrary, it is having a tough time living upto the expectations of its early backers. Its shares have been riding wildly up & down with no visible end to it. On top of that, the tough competitions from the legacy car manufacturers having entered into the EV sectors along with other EV manufacturing companies are giving a tough time to

$GDX 20240412 31.5 CALL$ 

I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens!