MarketSurge powers the charts in this video.
There are still plenty of opportunities in this market. Bitcoin hit new all-time highs. The 2x leveraged Bitcoin ETF, BITX, gained 25% in a few days. I participated in this move but missed on the much bigger moves in Ethereum and XRP. ETHU and XXRP went up more than 100% in a couple of weeks.
China has also awakened from its slumber. BABA JUL18 $110 Calls went from 1 to 12 inside a week, and we participated in part of the move.
The opportunities are everywhere: electric helicopters: JOBY, ACHR; drones: RCAT, KTOS, RDW; airspace: ASTS, RKLB; rare earth metals: MP, USAR; brokerages: HOOD, IBKR, BULL, FUTU, TIGR; uranium: LEU, OKLO, SMR; software: PLTR, TWLO, SOUN, AEVA; quantum computing: QBTS, RGTI; e-commerce: SHOP, SE; robotics: SERV, SYM, PDYN; crypto-related stocks: COIN, APLD, CRCL; batteries for electric vehicles: ENVX, QS; energy: NEXT, METC, SOC, etc.
There are certainly some elements of frothiness in the current market, but the bull remains strong. Many of the high-momentum flyers are likely to pull back in the next few weeks, but others will pop up and take their place. Bull markets correct through sector rotation.
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