Just as I've been predicting for the past 2+ years, stocks which were driven up on Biden's watch, are being crashed on Trump's watch. I put out the final warning back in January, but I'm afraid few listened....
See:
More Killer Swing Trading Opportinities in Crypto - NASDAQ alert - $VIX Alert, and a Lame Stream Media PsyOp - dated Jan. 14th, 2025
Bitcoin which was also run up on Trump hype crashed right on schedule, and is currently trading -$25k off it's all time high.
Tesla
Tesla gets a lot of attention from lame stream media, because it is a target of the Marxists, but there is an entire basket of stocks which have nothing to do with Elon Musk, which have been simply Pumped 'n' Dumped for sport, because this is what meme traders do.
I suspect these aren't meme traders, but clever hedge funds employing the same methodology that meme traders used to drive stocks such as Gamestop, and AMC, into historic short squeezes.
What Are Meme Stocks, and Are They Real Investments?
I'm proud to say, I pointed to this trend early on when I started noticing the chatter on social media, centered around so-called "trading Apes".
See:
Market Update 6/21/22 - What Is #FinTwit? Exposing The Scam Of The Century
Exposing the FinTwit community for what it truly is, a network packed with scammers, bots, and sharks.
I think meme trades are not being run by a handful of traders on Reddit, but by the same hedge funds who have been pulling these same pump and dump schemes for decades.
See:
CNBC's Jim Cramer draws fire over Stock Market manipulation comments
NEW YORK, March 20 (Reuters) - Stock market commentator and CNBC television host Jim Cramer has raised eyebrows after describing illegal activities used by hedge fund managers to manipulate stock prices.
In a December video interview on TheStreet.com Web site, a financial news company he co-founded, Cramer described how he could push stocks higher or lower, depending on if he was long or short, at his previous job running a hedge fund.
Funny, the same people who have been charged with manipulating the stock market, are seen manipulating public perception every day. Last I checked, CNBC is still on the air, and selling memberships!
Ever hear of something called App Loving $APP?
Driven to the moon and back. AppLovin Corporation (APP): “Tech Must Bounce!” – Jim Cramer Eyes AppLovin as a Key Market Signal
The Short List
My short list of stocks which are routinely pumped and dumped, not to mention the entire crypto space, also includes household names like Costco, Starbucks, and even Goldman Sachs.
$IBKR, $COST, $HOOD, we also see MEME stocks such as $MSTR, & $SMCI routinely pumped and dumped, not to mention the entire crypto space.
$COST - loses 10% of it's value in 1 week
$SAN Banco Santander - it seems the more worthless the stock, the better short squeeze potential
$SOUN - Soundhound
$SMCI - Super Micro - this is one of the better known meme trades
$NOW - Service Now - pumped to $1100...
$MRVL Marvel Technology
$TTD Trade Desk
$PLTR Palantir
$HIMS
There are many many more stocks I could add to the above list
Of course the AI boom story was used as the catalyst to spur "animal instincts", and now we see the same lame stream media gleefully reporting that, "all seven Mag 7 stocks were lower (on Friday)", as they question if AI is in a "bubble". lol
As I mentioned earlier in the year, entire countries - such as China & India - are being run up in the same way, and for the same purpose.
Trading has become an extreme sport, and not one for the inexperienced, or faint of heart.
Just look at how the media lied about a broad market rally, being led by small caps?
I personally saw Jim Cramer pumping Airline stocks the same way, and today you see Trump cost cutting measures being blamed for the continuing bear market in that dismal sector.
Airlines - never recovered after Covid
How
did we get to this point of extreme pump n dump mania? I think it has
to do with extreme greed, and lack of accountability, but also due to
the lack of an IPO market that's worth investing in.
If hedge funds can't make the same money they used to pumping and dumping new IPO's, then they're going to go with plan B.
CoreWeave Misfire Extends IPO Malaise Instead of Ending It
Take care, AA
