To The Moon

Cryptocurrency miners have, for the most part, languished in 2024, in contrast to the underlying. As several miners hit crucial support levels, are we nearing an inflection point? Disclaimer: The information and materials provided here, whether or not provided on TBI’s Substack (TBI), on third party websites, in marketing materials, newsletters or any form of publication are provided for general information and circulation only. None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. TBI does not take into account of your personal investment objectives, specific investment goals, specific needs or financial situation a

$Palantir Technologies Inc.(PLTR)$ - Bounce PotentiaThree of four key elements from previous bounces are present today: an oversold stochastic, a breach of the lower Bollinger Band, and an indecision candle. The only missing element is high daily volume. If the decline continues, $61.50 is the next key support level before a potential bounce, but a bounce could occur here.ImageGap up last Monday and it vanished.Gap down today and it bounced.Will this week end in the green? $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $.DJI(.DJI)$

$.SPX(.SPX)$ - Bounce from Key Support After Gap FillThe index filled its gap and bounced from a key (S/R) level. The immediate downside target from the Weekly Compass has been reached🎯. The current candle suggests a potential bullish reversal and a reset of some oversold indicators. Whether the decline resumes will depend on price action at the $5880-90 resistance area. A bearish moving average crossover (20 & 50) remains a key factor to watch.Bullish daily candle on SPX with bearish candles on both DXY and $Cboe Volatility Index(VIX)$ . Unless PPI surprises, market should bounce. $Invesco QQQ(QQQ)$ $iShares Russell 2000 E

$.SPX(.SPX)$ $.IXIC(.IXIC)$ $.DJI(.DJI)$ The USMAI remains in a Bullish zone, supporting long-term investment strategies, but recent corrections signal weakening momentum. A transition to a Bearish zone is likely within the next few weeks, necessitating caution in both long-term and short-term positions.Last week's strong buying momentum drove a robust upward movement earlier this week. However, the market closed with a sharp decline as strong employment data and resilient economic indicators reduced the likelihood of future rate cuts. Currently, the market is undergoing a corrective phase. Starting next week, the weekly trend is expected to enter a bearish zone

Red is P/E multiples over 20. $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Meta Platforms, Inc.(META)$ Dark red is P/E multiples over 30. $Microsoft(MSFT)$ $NVIDIA(NVDA)$ $Broadcom(AVGO)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Tesla Motors(TSLA)$ $Netflix(NFLX)$ The market is still extremely highly valued.Remember, 10x returns are often generated by buying stocks at 10-15x multipl

This is absolutely incredible:US Technology, Media, and Telecom (TMT) stocks relative to global TMT stocks have hit an all-time high of 2.0x.This ratio has DOUBLED over the last 5 years.Since the 2008 Financial Crisis, US tech has outperformed its global peers by 5 TIMES.To put this into perspective, this ratio reached 0.7x at the 2000 Dot-Com Bubble peak.In other words, the ratio is now nearly 3 TIMES higher than it was in 2000.US Big Tech is dominating.Image