While the entire US Economy crumbles, it seems like America and the world will be betting on a small sector with massive speculation. The charts and the politics all point to no holds barred suck everyone into a market uptrend that will make the last 2 years seem quaint.
The only reservation I have is the American consumer and middle class are being marginalized. But in the new world ahead, I don't think American middle class matters to the financial markets.
What will matter is using AI to reduce labor, increase productivity, and advance capabilities in a winner take all run. The number of relevant public companies in this sector is small, with a material amount of private equity funding the core beneficiaries.
With less stock to purchase that is relevant, with massive money waiting fora downturn that never came, I can see upwards of a 25% market gain from here to EOY, as insane as that sounds to you, its even crazier for me.
So while I can't advise go all in on this sentiment, I can say, you have to be in it to win it.
My last post listed some of the companies I am in, I will be closing out my shorts (most against specific companies) and look for long opportunities. I didn't bet big on IREN and CIFR for the AI/Bitcoin datacenter play (I sold early), I am eyeing up HIVE as it hasn't made a run yet.
Stocks I like still is HIVE, FBTC (Bitcoin), SMR, TSM, URA, OKLO, SLDP.
Best I can say is good luck! Unless SPY closed below 663, there is absolutely no reason to be bearish.
No comments:
Post a Comment