Out in the Cold Bar
Il Duce Luce
Perhaps you saw this travesty that was rolled out this week, which is not so much of a head-turner as much as an eye-roller:
T-Minus Two Weeks
Below is the ETF chart of symbol UFO, which focuses on rocket ships. It has DOUBLED since about Thanksgiving, and of course it’s all about SpaceX’s IPO. I am actually going to do a feature special video about the SPCX IPO for tasty, which I’ll share here, because I think this is going to be one of the most fascinating financial events in our lifetimes. in any case, I daresay that in a year’s time, UFO will be substantially lower than it is right now.
Your Cerebras Update
This white-hot IPO is now down 40% from its introduction just days ago. If SPCX looks anything like this during its first month, it’ll send a chill down the chill of equity markets worldwide. Two weeks to go!
Suddenly Susan
We all know the admonition to not catch a falling knife. I’m not sure what the converse of that is for bears, but whatever it is, I did it, because I shorted the most powerful stock in the market this morning: Dell.
I knew it was risky, because the entire planet was just asses and elbows trying to buy this thing, but it’s worked out nicely so far.
