IB of last week

IB of this week

Personal Thoughts

We are in a bull market where everyone is a genius now. The only smart trade is simply buying more. Techs, commodities, penny stocks, cryptocurrencies…all in strong sideways trends. Inflation concerns started to support the bubbles. Also the weak dollar. It’s better to roll positions to Chinese companies where the bubble has not formed yet.

• OXY: strong oil price shall support it…but it’s almost the end
• BABA: 300 is a clear target
• PLTR: we may consider to buy back around 30
• SRAC: offer in-space transportation services. A stock that can provide 1000% return. But not sure if it is only a ppt company
• CAN: bitcoin may be a bubble…but bitcoin price is not

Return of past 6 months

+40%