Hey Readers, John T. Editor In Chief of
the Altcoingazette.com here. How are you this
fine day, I hope all is well!
So we have a lot to chat about, where to start?
First, I have amassed a great concentration in
all of the energy stocks in the S&P 500,
over the last 6 months, huge fortune made
in such sofar, time will tell how it plays out:
Here is a link for your review:
KMI, MPC, MRO, BKR, FANG, PSX, CTRA, VLO, CVX
etc. Have added to all of these shares as they pump
higher and higher? Where is the top in XOM, who knows
Never to High to Buy and the trend is my Friend!
BIG TECH ROUT:
Take a look at this link, it shows all
of the S&P 500 sectors and which sector is performing
the best over the last 10 years? Information Tech! Has the
most to lose, when the Fed begins Hawkish rate hikes!
The only reason IT performed so well in the last decade
is because of 0% interest rates to borrow at no cost and
then repurchase stock repurchases, AKA Zombies?
The IT Zombies are rolling over going into Halloween?
I don't want to start any rumors, however I wouldn't be
surprised, someday way in the future, after Microsoft
purchases Activision (ATVI), Microsoft then purchases
Facebook \ META in a merger? People play Activision gaming
in the METAverse? I wouldn't buy the META \ Facebook dip,
not until META trades at a discount to Book Value., META's
current Book Value is a way to expensive for purchase of
2.94, plus META gives no dividend, thus no free cash flow
to the shareholders:
No reason right now to add to a Bitcoin BTCUSD position, yes
Bitcoin BTCUSD is up from $18.3ish then pumps to $21Kish,
it's called a "Trading Range" folks + Big Tech is in a Bear Market
rout, META and now the Amazon (AMZN) rout = Continued
Bitcoin BTCUSD bear market! If your in Bitcoin, just sit tight, until
this indicator reads "HOLD" and goes "Green" with a Buy signal, thus
a Trend reversal. My best guess, is that Bitcoin BTCUSD pulls
a -85% dip from it's All Time high of approx. $70K, to between
$10K and $15K, or could retest the 2020 Covid Q1 dip to $3.5K and
then the mega Pump?
Here is a Bitcoin BTCUSD
trend indicator for your review, "The Trend is your Friend":
DOGE \ DOGEUSD Moons!
So, Readers, checkout our "News Coverage" of the DOGE!:
DOGEUSD pump related to Elon M's purchase of Twitter?
Not Investment Advice...Opinion Only!