No qualifying author-owned investment thesis was confirmed in this post.
The author provides a speculative narrative about market manipulation rather than a fundamental investment thesis based on company financials or business performance.
Score15
Comments9
Upvote %86%
▶ Full Post Text
1. After a week-long market correction, Trump suddenly cancels Iran strikes and says "peace deal could be signed in the coming days."
How much do you want to wager that Trump and Kushner are neck deep in SpaceX?
2. Apparently, retail allocation has now dropped from 30% to 20%. A glaring red flare that they have turned into FOMO.
Likely all of the allocations to the Saudis who funded Twitter acquisition looking to pump up the stock.
3. Headline news of asset managers like BlackRock lining up for $5 billion allocation.
Yes, because they manage the largest index funds tied to the Nasdaq-100 and will be forced to buy in at whatever egregious price Musk sets.
Did I miss anything else today?