BTC.X$IREN Ltd(IREN)$ $MARA Holdings(MARA)$ Historic first in Switzerland today. FINMA has approved a genuine Bitcoin ETF for retail investors, the first time it has ever done so. Unlike the ETPs currently common in Europe, which are debt securities, this one is a true public investment fund where the Bitcoins are held as legally protected segregated assets. It is not yet known which asset manager will launch the ETF. JPMorgan's long-term market report, "Long-Term Capital Market Assumptions 2027," has included Bitcoin in its long-term projections for the first time. In their base-case scenario, analysts anticipate an average annual return of 10 percent over the next 10 to 15 years. That would
$TeraWulf Inc.(WULF)$ This could put together 3 up days. With SPCX earnings out, it should give the broader market a lift going forward. I'm holding a position at 119.00, and I'm feeling feisty.
$IREN Ltd(IREN)$ Short sellers are still active here. Short interest is over 30%, and there aren't many shares left to borrow. Most of the puts expire Friday, so the market maker will likely do whatever it can to let those puts expire worthless. This stock should eventually squeeze no matter what. The key is keeping the bears trapped until they get hit with margin calls, which would clear out short sellers and give us room to rally for the next 6 months. In two weeks, Dan will report a 44% increase in revenue compared to last year, along with a target of 5 B in revenues for 2027 compared to 700 M in 2026, a 9x increase. Net debt of zero. More contracts as well. This company is utterly mispriced.
$iShares MSCI South Korea ETF(EWY)$ $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ KOSPI has spent the last 3.5 months mostly trading in a consolidation zone between 6185 and 7227. The 5631 to 6185 range has been an oversold area where buyers stepped back in, and quick drops below 5631 turned out to be the best discounted entries. Right now KOSPI is trading at a severely discounted 10.x PE versus the traditional 19.x, and 25x for the S&P 500. I expect KOSPI to at least recover roughly 30% back to the 7237 level over a 3 to 12 month window. Nasdaq futures pulled back 5.7% from ATH over the past 8 days. As long as that stays within the 10% pullback range, the max downside for KOSPI shou
$SpaceX(SPCX)$ Just an inside day with a modest gain. Waiting for the banks and market makers to get back to work. We shall see. If it breaks out as a bull flag, the first measured target would be 182.90 for the gap close. Otherwise, a retest of 156-158 is possible.