It has been great to see all green on all my stocks. Hope the same with everyone else.
Nice Rally
- Thread starter Gators
- Start date
All cryptos up today since about 1:00pm ( even meme coins are up a bit ). . . Wasn't paying attention, anybody know the catalyst(s) ?
I thought the DTCC already set up a CUSIP and Nasdaq ticker ( IBTC) for Blackrock's iShares Bitcoin Trust. The market is signaling a done deal for all 12 that are pending. People say "buy the rumor, sell the news". I say buy & buy on this occasion. Global adoption, SEC thumbs up, 12 huge players going to eat up the spot supply of crypto, BTC April 2024 halving. No brainer, just back up the Brink truck ! LOL
Then again what goes up in the market typically goes down. In light of the economy its bound to happen.... Again and again
I really think there is a flaming shit meteor headed our way. I will be underground when it hits. The reason there was a rally is because there are so few traders in the game and the prices are pushed up by uninformed optimism. The big players are totally out at this time or they are waiting for these quick rallies to unload. Can you afford to be caught in a situation where everyone is selling and nobody is buying.
good you're in the market... the bears have been caught flat footed and now screaming for it to happen next year instead.. yes markets will go down eventually , but they go up over time and most of the time they go up
those who have been sitting on the sidelines have missed a great year which will be detrimental to their long term return
What does a recession mean for expected stock returns? [Canada]
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The cost of not being in the market on the most important days is devastating to a long-term portfolio.
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I sold some of my bitcoin too early. Still hold $15,000. When the next drop comes, I plan to load up. The REAL rally is coming in the next two years, during the halving cycle. This, combined with the approval of the bitcoin etf in the US will mean a huge influx of investors from hedge funds. Bitcoin should peak in the $80-150,000 range. But you need to get out before the crash.
Banks are coming around but doubt that will last in the coming months.
I play banks via sbc and lbs.
Reits are my best performance past months. ENB is doing well and now with approval from Michigan. I see it doing well. BCE and T are looking strong.
I think Reits will continue to do well in 2024 with interest rate cut as everyone expect. They all badly beaten.
I am fully invested but also have lots of GIC at 5 percent for 3 years. You will not see these rates again as inflation coming down and expected interest rate cuts.
Not sure about oil as i sold SU and CNQ. We might be witnessing oil dropping if saudi and Russia decide to increase production to hurt US.
Be vigilant and do your homework and due deligence and do not listen to experts.
