I'm probably retarded but I'm thinking of finally buying into some beaten down stocks soon. MU, MSFT, NVDA, AVGO, GLD/SLV, RKLB, HOOD, RDDT. Not beaten down but I like WULF too. And maybe even POET as a more retarded longshot.
Some of these can still drop plenty more, but the potential upside is there now. And realistically how much further down can stuff like RDDT and HOOD go. Over 50% drawdowns already over the last 5 months while still posting good earnings is pretty crazy.
Lost so much money on SLV and GLD I had to choose between Crimson Desert and Death Stranding 2. Went with DS2 and it's weirder than the 1st one. Kojima is one freaky boi.
I get so much satisfaction from knowing my Uncle / relatives are losing a bunch on SLV.
Somehow my Uncle convinced my grandparents, parents, cousins (half the family basically) to give him money to buy physical silver.
I told them all to do their own research but they decided to listen to the unemployed junkie and bought like $15k worth of silver at like $105 or something and are still holding.
The fact that it's not even his money makes me happier for some reason lol
sp500 1.21% vix -2.32% gld -3.25%, slv .08%, copper 2.2% bitcoin 3.47%, 10 year 4.342%...10 year treasury constant maturity minus 2 year treasury constant maturity is at 0.51 today, trending down. Last time we chilled at the .5 range was 2019 and 1996