I’m joining a fun 2-week stock competition with
@WOLF_Financial and
@StockMKTNewz on Gamestock.
This is not real money. It’s a simulated $1M portfolio, and I split mine evenly across four 2x leveraged ETFs:
$CRCG for $CRCL
$CRMG for $CRM
$CRWG for $CRWV
$HOOG for $HOOD
My thesis here is mostly technical since this is a short-term trading competition.
Circle looks like it’s entering a bullish trend reversal, while Robinhood continues to benefit from strength across crypto.
$IGV Software has also started catching a bid, and I think the floor is relatively high for Salesforce heading into earnings.
CoreWeave already reported, but I’ll also be watching $ORCL earnings closely. Oracle has major exposure to OpenAI, and if backlog comes in stronger than expected, I think it could be another positive read-through for CoreWeave given its own large concentration with OpenAI.
You can join too and compete for a share of the $1K prize pool: