SPOTTING BOTTOMS IS WHAT I DO!!! There was one yesterday from a strange country in the Olympics -Latvia? Tina Graudina Oh my word what a fabulous player! I watched this entire beach volleyball game it was enthralling!
Great game today inside between Brazil and Russia. Brazil won. Fantastic passing! They do a quick set that is real tough. Russian girls were six-foot-four. The women's game is more fun than the mens which has become real bang bang point over. Long rallies!
Here is another Bottom Candidate-- BEEM. The reason the other electric car stocks have been selling off is the infrastructure bill did not have as much money for EV's as had been hoped. But there was a lot for charging stations... So up look a chart at BEEM shall we? June 25th we have buy stick at $38--> we had willing buyers at $38<--- That becomes a target. Correction to $31 Then low volume drift to $29 on 7/27 where it has been probing for a bottom. Beam Global (BEEM)- Probably bottomed! 29.13-0.01 (-0.05%)
Van it's as close to Crypto as I can get. A handful of these fintechs are going to be really really big. Did you see my post that CNBC dude Josh is in Klarna Private placement! Damn. Klarna, Afterpay, Affirmed, I think Marqeta has a spot It's not been properly introduced yet. I bought it for a LT hold. It's not Buy now pay later but it is card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions in the various verticals, including commerce disruptors, digital banks, tech giants, and large financial institutions. That GS deal told you these guys are for real. Might take some time to play out.~si
What Do You Think Of LESL? This was another CNBC call was it Josh or the horse faced guy... I thin Josh again and again at a higher price! he has a way of doing that (MTTR 2X) But The pool idea... it's out there.
The QQQ chart below appears to be on an unsustainable rise. The QQQ has doubled since the March 2020 COVID-19 selloff. Since momentum is a leading factor in quantitative modelling, when the momentum breaks, the QQQ could fall, and the 2000 to 2003 83% decline is a precedent.
They get an abnormally high PE I think it's case shiller/// but look at interest rates fromn1981 on. Wow. This dovetails with so much US spending -- we are at our ceiling by the way... the Gov cannot borrow any more... Why haven't we done better though? We should of borrowed our way out of any problems instead it feels like we just have more problems.