IncomeSharks

Not a coincidence that the two worst Mag 7 stocks are both located in Washington State: $MSFT and $AMZN.
There's been a lot of tax bills passing/getting passed that are directly hurting them and the employees
1) Millionaires' Tax Bill 6346
2) Well Washington Fund Payroll Tax (House Bill 2100) - A 5% payroll excise tax on employee wages.
3) Corporate Revenue Surcharge - Applied to 400 firms excluding Boeing
4) Advanced Computing Surcharge Increase - Raised from 1.22% to 7.5%

The entire 10/10 event explained in one chart.
Investing in Gold is now a bet against America
Investing in Bitcoin is now a bet for America
Bitcoin goes up, Stablecoin demand goes up, US treasuries go up, rates come down, National Debt slows, dollar gets stronger

Top holders of US debt and the rise of Stablecoins:
1) US Intragovernmental: $7.62 trillion
2) Federal Reserve: $4.3 trillion
3) Japan: $1.2 trillion
4) United Kingdom: $890 billion
5) China: $680 billion
....
11) Crypto Stablecoins (USDT/USDC): $370 billion

Short term pessimist, long term optimist. Still the most effective trading strategy. It helps you realize profits, preserve capital, while keeping you bullish long term allowing you to stay level headed on dips and major corrections.

The pendulum from overvalued growth stocks swinging back to value plays that got hammered from inflation is the reason why it feels like a bear market while some indexes are at ATHs. Retail historically invests heavy in growth which is why there's so much panic.

If your trading style is slow and boring, you are investing. If it's fast and fun, you are gambling. The best way to balance this is to put majority of your net worth into the boring stuff and then try to feed the boring account with the fun account knowing you have a safety net.

$HOOD - 45 to 54% drawdowns have led to 400% moves. While a 400% pump now would value it as the largest trading brokerage firm by marketcap I think $200 as a long term multi year target is reasonable. Especially at the growth rate they've achieved and the products they add.

Making decisions on low volume stock market futures is a massive trap. Futures mean nothing majority of the time, easy to manipulate and gives people biases going into the day.

$HOOD - Filled another gap, bouncing back into the channel.