Whether it’s a fad or the beginning of a vital new industry remains to be seen, but quantum computing stocks are absolutely on fire, and on huge volume. Here are three big ones:

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Whether it’s a fad or the beginning of a vital new industry remains to be seen, but quantum computing stocks are absolutely on fire, and on huge volume. Here are three big ones:

If you don’t want to hang out on Earth too long, choose Africa.

I realize that even though 99% of the value of Strategy (MSTR) is based on its Bitcoin holdings, there’s still a substantial “Saylor Premium” people are paying above and beyond the intrinsic (if we dare use such a word) value of BTC itself. Thus, it’s intriguing that on Thursday, when BTC stormed to lifetime highs………

My apologies for this unusually long post. This has been a very interesting week on Crypto and there is a lot to look at. I did consider splitting this into two shorter posts but decided it is better to just do a longer post today.
In my last post on Monday 12th May I was looking at the possibility that large IHS reversal patterns might be forming on Solana (SOLUSD) and Ethereum (ETHUSD), and that there might be a large retracement across the board on those two and Bitcoin (BTCUSD) while right shoulders were established on those IHS patterns.
Last Friday, as the modest retracement we have seen this week on equities was setting up, my working assumption was that this retracement on Crypto would happen mostly as that retracement played out on equities, as the retracement between Crypto and equity indices is historically very strong, but that didn’t deliver as I expected and while what did happen was interesting, what didn’t happen was potentially much more interesting. Let’s have a look at that.
(more…)Several major investment banks learned of the Bear Force One plans and have, for the moment, sabotaged my efforts by way of a 5 hour (!) flight delay. I will not be thwarted, however.
