Apr. 7 at 1:02 AM
$UPST PGY
$CLSK HIVE BITF IREN MARA
$OKLO NNE IMSR
$USAR MP CRML
$ACHR JOBY SOUN SERV RR ARBE INDI INVZ REKR BBAI RGTI QUBT QBTS LAES WKEY IONQ BMNR SBET AFRM
[Six Months] Go back 6mos on most high-beta stocks, and you will likely see a material decline 40-70% over that period, except for Space (ASTS RKLB LUNR) which have done rather well over that interval. The broader macro-economic factors are still overall Bearish (rising inflation, multiple conflicts/wars, mis-directed budget, partial gov shutdown, low consumer sentiment, rising interest rates, low/no probability of additional cuts, weakening job market, K-shaped economy and overvalued market by historical measure); however, many of these stocks have reached Oversold positions at/near support lines. This provides an Opportunity for a reasonable reversal, however transient, should the Iranian conflict abate and positive sentiment return to the market. Look for possible rotation to high-beta Q2 should O&G pressures subside.
