FAANG peaked a year ago as it was stupidly over valued. It’s not cheap by any means today but we will likely end up with a decent bounce into year end. Fund managers will want to bounce the market and I suspect there’s enough people looking to by the dip to help swing things
It’s been an absolutely brutal year for many sectors and a Christmas rally will likely materialize
The distortions in the market are still extreme. For example #bitcoin still holds a ~$320 bln market cap. All those moron coins do is burn energy when created. In contrast all the #uranium stocks combine for a ~$40bln cap and are needed to produce ~11% or global electricity
As well it’s the future fuel as #nuclear is now set to be built out to have an growing share of global power and supply the #electricvehicle industry
Some times I may sound like a broken record… and I’m sorry for that but the real problem is that so many people out there just don’t fucking get it and need to hear things 10 times for it to sink in. I’ll shut up when #uranium is $200/lb
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