DannyMarque

I am thinking of initiating my first position in $OPEN today
Been waiting for mid $3s and here we are

Figure $FIGR should have a lot more attention from the investing community but it doesn’t as i think it gets looped into crypto but that’s an edge we have right now
I’d like to get more informed on the name as operating metrics are extremely solid and totally mispriced relative to their growth

After this weeks events, it will be extremely difficult to convince most people to hold Bitcoin bitcoin:native in self custody vs buying $IBIT directly on via an exchange like Robinhood $HOOD or Coinbase $COIN
That said, there better self custody alternatives thru @SwanBitcoin that i encourage you to look into

Hate to see the self custody blowup with coldcard but this is exactly what the Bitcoin bitcoin:native ETFs like $IBIT addressed
You're not going to onboard millions of users into Bitcoin or crypto, especially massive amounts of capital, by using words "hardware wallet" and "cold storage"
You onboard them by having them invest in a familiar wrapper governed by the same distribution and rails that traditional equities exist on

Coinbase $COIN chart is essentially saying you better be invested in crypto over the next few years if you want to make money. This does NOT mean you buy shitcoins. It means that it's probably smart to be positioned in the infrastructure around the ecosystem
Public crypto infra: $CRCL, $FIGR, $BTGO, $BKKT, $BLSH, $EXOD, $FLD

If AI infrastructure and semi stocks that ran hard yesterday like $IREN $CIFR $APLD $MU $CLSK can maintain 70-80% of their moves from yesterday to close out the month it would be very constructive

I still expect a lot of volatility in the market throughout the rest of the year and for $VIX to make another attempt at $30 as we get closer to midterms
I'm monitoring the durability of the current rally in AI infrastructure and semis. A few good weeks of green to make everyone excited again (it's due!) but short-term headwinds still exist. Given how quickly sentiment can change one has to mentally prepare for these rallies to not break ATHs and instead make lower highs
If that's the case there will still be opportunities over the coming months. Some of the best way to be proactive if you're

The only thing that matters for the markets right now:
- open strait of Hormuz
- end Iran conflict
- oil prices come down
- pass clarity (important for crypto)
- US30Y below 5%
Everything else is noise

Anyone else start the day impressed but with a healthy dose of skepticism by the strength in semis and AI infrastructure only to be even more impressed by how well the rally has held up so far

We've seen so many stocks fill their gaps after breakouts. It's an interesting phenomenon and "why do gaps get filled" is a common question I get.
So let me explain to why this happens. Think through the lens of market structure. Stock don't move in a perfectly continuous line. They move through an auction process, where buyers and sellers transact at different price levels. That is what makes a market.
Now, when a stock gaps up or down, it means price skipped an entire zone where very little trading actually occurred between those buyers and sellers.
So when you hear “gaps get filled,” what i

If you sold yesterday, you are simply not built for this game...Volatility is vitality

Is no one else talking about the fact that Microsoft $MSFT is up +15% for the day
I can't remember the last time this ever happened

The AI infrastructure theme of $CIFR $IREN $CLSK $KEEL $NBIS will like to pour one out to those who live their life by saying "I'll wait to buy lower" after a day like yesterday