Dalal.Holdings

WIX not gonna survive AI IMO A lot of these software businesses also have a lot of stock based comp so the actual earnings to shareholders are not very good

A "competitiveness retreat", of course... https://www.wsj.com/opinion/hurrah-europe-is-fighting-over-economic-policy-fdf27fee?mod=panda_wsj_author_alert As usual, Macron is the one to ruin the party France wants Euro bonds badly...need to pay for all those pensioners/ poor fiscal decisions

I guess it didn't last

Yes. Democrats winning by double digits in districts Trump won by double digits in 2024 is not a good harbinger for Republicans in the midterms, even in state elections. Just like Texas a week ago: https://www.cnn.com/2026/02/03/politics/texas-special-election-republicans-midterms Trump can't help himself. It seems we've passed the peak of Trump's power in his second administration due to him overplaying his hand. Even R's in Congress distancing themselves Tim Cook is no longer going to be returning Donnie's calls. Why would the Apple (or any CEO except the My Pillow guy) CEO want to stand next to the ICE guy or the guy who posted the racist image on social media? Trump is his own worst enemy in many ways

https://www.cbsnews.com/amp/news/chasity-verret-martinez-wins-democrat-louisiana-special-election-trump/ Donnie made some big mistakes…doesn’t even fire the idiots he hires (Miller, Noem, racist “intern” who posts on his socials)… Maybe he should trash more American Olympian athletes on Truth and let his “intern” post more racist stuff. A “winning” strategy. Donnie sowing the seeds of his own demise If enough Dems take House and Senate, 3rd time will be the charm for impeachment. Seems like Donnie’s Epstein affiliation is enough to impeach on by itself. American people will speak in the end: “Louisiana Democrat Chasity Verret Martinez defeated her Republican opponent by double digits in the special election Saturday night for a state House seat in a district President Trump won by 13 points in 2024.”

The tech stocks used to be high ROIC asset light businesses. Now, maybe with the exception of Apple, they are all going balls to the wall on capital spending...

Best part of Crypto is the entertainment. Amazing that CNBC keeps having this guy on…but not that surprising since they also employ Cramer

No intrinsic value, but TA still doesn’t work just like with every other assets class. The best thing you can do is probably track how many cryptards have margin or similar “uncle points” (like Saylor) and then trade around those uncle points. You know when certain levels are breached, it’s going to lead to margin calls and forced selling. The other key issue with Crypto, as I alluded, was the tech bros (the core crypto investor) have moved on to deploying their capital to capex heavy activities for the first time in tech: AI buildout. The capital is being sucked out of crypto, it’s the new fascination. Crypto never really worked out into a socially beneficial product

Man, Donnie really upset about them Epstein files (which he promised to release when he was running). Massie is a hero !

Trump made a big boo-boo and now R's up for election will pay the price. Yet for some reason Miller and Noem still have jobs. Now we'll get to hear more from AOC+Mamdani and maybe Lina Khan comes back someday too. Remember, no crying in the casino.

https://www.wsj.com/opinion/a-texas-election-jolt-to-the-gop-f0895184?mod=hp_opin_pos_1 LOOOOOOLLLL Guess the American people aren't for Stephen Miller's version of America: Any MAGA supporter that thought the American people were for ICE and other insane policies of this administration are in for a wake up call

https://www.wsj.com/opinion/britain-seems-committed-to-stagnation-c33e5004 Many such places in Europe

"Intervention" by the Federal Reserve to save the "decentralized" asset holders who've found central banks (and everything associated such as fiat currency) an anathema since day one?

Best part is how many of these were in “value” portfolios at the former valuations

He has a few hours left...

I guess it's not just Saylor we should worry about...

Lol, doing TA now. Bitcoin price targets are like talking about astrology. Go ahead and waste your time. Now $78K. Guess the USD got even stronger? Someone go check on Saylor…unfortunately he created path dependence over at MicroTragedy…

Man, the U.S. Dollar must be getting even stronger today…

Funny that 2022-2023 was a bear market for Bitcoin (also when tech sold off). That was when CPI peaked at 9.1%. Yet another knock against the “inflation hedge” thesis.

There was pretty much no inflation from 2009 to 2021. During this period, Gold did nothing. Which makes sense if it's an "inflation hedge". During this period, Bitcoin exploded which has nothing to do with inflation because USD inflation was very low during this period. Gold went up during the 2022 Biden era inflation. Now it goes up when the Dollar trades down versus other currencies. Meanwhile. Bitcoin goes down and has been down 17% the past year while DXY is down 11% as well. Gold is up a lot in that period. If you're going to ask which one seems more correlated to inflation/fiat devaluation, it's gold. Bitcoin seems way more correlated with QQQ, but even that's not perfect as it's down the past year (while QQQ is up 20%). In fact, this correlation might be breaking because I think tech bros have moved on from crypto and SaaS to AI.

https://www.wsj.com/politics/policy/administration-working-to-draw-down-immigration-officers-in-minneapolis-homan-says-887a6d46?mod=hp_lead_pos7 Trump taking the L on Minnesota. A few weeks ago he had all the MN fraud allegations helping him. Before ICE went crazy, he also had a lot of support from Americans on immigration (closing the border). Thanks to listening to nut-job Stephen Miller, he turned two W's into two L's.

The guy on Twitter is pointing out the fact the Dollar/DXY is getting killed and Gold is ripping while Bitcoin (priced in USD) is getting creamed--hence poking a major hole in the "digital gold" "protection against fiat/inflation" thesis for Bitcoin that has been touted by its proponents since its inception. It is actually a spot on observation.

Software and crypto getting hit. Capital going to capital intensive AI stuff--chips, etc. Tech bros have moved on from SaaS and crypto. The covid era valuations look set to rerate

The Yo-Yo in question: