it looks as if no one is really selling, just buy and holding thus making it easier for big boys to manipulate it, just like Bitcoin, the avg person is not in it, even many wealthy people are not in it. Bitcoin is being manipulated in a pretty sick way right now, it wont end well when one billionaire dumps their entire stash on the market bc they'll start to realize the ROI is dead money at some point.
the same will happen with most of the stock market as well.
the FED cant support markets forever, there will be turmoil at the fed at some point and it might get ugly
Congress wont have any more excuses after COVID for more stimulus for possibly the next 10-15 years
taxes. people in the US making a killing in stocks (im one of them) will be paying tons in taxes in 2021 and likely 2022
the stock market HAS ALREADY PRICED IN THE ENTIRE YEAR OF 2021 earnings, likely half of 2022s earnings as well.
the Biden presidency should be officially sit in oval office is going to lead to many big problems. there is going to be big issues facing Americans over the next 4 years unlike anything we have seen, and that is quite a statement because 2020 has without a doubt been the strangest year for most people since the Great Depression or WW1 and WW2 years.
a $7 trillion fed balance sheet is CRIMINAL- they have no idea the damage that they have done, i really dont know how they get out of it.
i think the CRYPTO things is completely overblown, but hey, i will also trade it and take advantage of it until there is no longer a great advantage at doing so.
i personally am holding GBTC, i am not adding to it. i havent added to this since $12
buying Bitcoin at $23,000 is for the uber rich and eventually they have to sell to lock in gains, it will be a rush to the exit, same will happen with TSLA and many other insanely valued stocks
I HAVE NOTHING AGAINST ANYONE MAKING MONEY, i just do my best to avoid buying into bubbles
I AM THE ROCKS OF THE ETERNAL SHORE, CRASH UPON ME AND BE BROKEN
