LIVE: Stock Market NEW HIGHS! HIMS is RIPPING! War is over?! Trump Updates
Speakers
Thread Guy
— Crypto influencer, independent
Summary
Thread Guy discusses the recent market highs and the bizarre trend of failing companies pivoting to AI for massive stock pumps. He dives deep into the HIMS trade, exploring the gray market for peptides and the impact of potential deregulation. Additionally, he shares his thoughts on the upcoming SpaceX IPO, warning of a massive retail liquidity drain.
- S&P 500 reaches new all-time highs above 7,000.
- HIMS surges following RFK Jr.'s comments on reclassifying peptides.
- Failing companies like Allbirds and MyAI experience massive pumps after pivoting to AI.
- SpaceX's decision to move up employee vesting schedules ahead of its IPO raises red flags.
- The GLP-1 weight loss drug market is viewed as a structural, long-term growth trend.
- Crypto markets feel narratively weak despite decent price action.
Trade Ideas
HIMS is a strong short-term momentum trade.
HIMS is a great short-term attention trade driven by RFK Jr.'s push to reclassify peptides and deregulate the gray market, combined with their highly effective business model of selling finasteride and ED pills. However, it is purely a momentum trade that should be exited once momentum turns.
Crypto feels narratively weak despite decent charts.
Despite decent charts, the crypto market feels narratively weak, and the fact that low-quality garbage meme coins like PNUT are ripping is a scary sign that warrants caution.
Crypto feels narratively weak despite decent charts.
Despite decent charts, the crypto market feels narratively weak, and the fact that low-quality garbage meme coins like PNUT are ripping is a scary sign that warrants caution.
Nike's chart looks horrifying despite insider buying.
Despite Tim Cook and the Nike CEO buying shares and the stock getting recent coverage, the chart looks completely horrifying and unattractive.
Avoid failing companies pivoting to AI narratives.
Failing companies like Allbirds and MyAI pivoting to AI are just producing low-quality, slop-driven pumps that will face diminishing returns, making them obvious scams to avoid.
GLP-1 weight loss drugs are up only.
The demand for GLP-1 weight loss drugs is a massive, structural trend that will continue to grow indefinitely, making companies like Eli Lilly strong long-term plays.
Avoid the SpaceX IPO due to dumping.
SpaceX moving up the vesting schedule for employee shares ahead of its IPO signals a massive retail liquidity drain and exit liquidity event, making it a highly dangerous asset to buy at launch.
Avoid trading oil due to erratic action.
Despite Trump calling for higher oil prices and ongoing geopolitical tensions, oil has proven to be a terrible and mentally draining way to express a directional view on the war, making it better to avoid trading entirely.
