We May Get A Soft Landing

“There is an inherent bias in financial journalism towards doomsaying. It gets more eyeballs to say that the economy is going to collapse, that the dollar is on the way down, or that we are all going to be broke unless you act now, NOW, NOW!”

THE OIL BULL MARKET ON ITS WAY

“One of the reasons for this was that the supply of crude oil production would slow, down to just a sequential pace of 200 barrels per day. The American oil rig count recently hit its lowest level in 16 months. Struyven made the comments in an interview on CNBC’s Squawk Box.”

Divisive Crypto Hearing Shows BTC Safest Choice

“It should be noted that the SEC actually has moved forward and accepted six applications for bitcoin exchange-traded funds from BlackRock, Bitwise, VanEck, WisdomTree, Fidelity, and Invesco. Such applications have been rejected in the past, so this represents a significant advance. NASDAQ has said that it will work with Coinbase (COIN) to meet the SEC’s concerns.”

Skyrim Still The Future Of Video Games

“AI companions are probably the future of video games in many ways. The increasing atomization of many young people in developed societies, a destructive trend massively accelerated by COVID-19, is only going to get worse in the years ahead. Healthy societies would think of ways to reverse it. However, we are not living in healthy societies. What will happen instead is we will see more attempts to make money off it.”

Sticking With NVDA

“Really, the only question is whether NVDA has any room to run. I think it does. In fact, I am very confident that legacy RID members who bought NVDA at the Model Portfolio price will soon boast a triple-digit gain once the stock hits $520. In fact, I expect that by the end of the year.”

“Rather amusingly, Citi analysts raised their target price for NVDA to $520 yesterday. You heard it here first!”