Link: https://finance.yahoo.com/news/qqq-investors-sell-spacex-ipo-172258757.html ​"Invesco QQQ Trust (QQQ) tracks the Nasdaq-100 index, which is considering a ‘Fast Entry’ provision allowing SpaceX to join after just 15 trading days instead of the standard three-month seasoning period" Essentially, the question we are trying to answer is: Is SpaceX IPO overvalued? With its ratios right now, yes it is Will index funds like QQQ be forced to buy it 15 days after IPO? Yes (compare to waiting 3 months before) This means there will be a surge of capital going from NASDAQ 100 QQQ into SpaceX 15 days after IPO So while I forecast insider will be selling the stock to cash out, this surge of cash from index funds will lead to maintaining SpaceX's volatile stock price. So the actual correction should come after the index funds buy in.​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In June, I’m helping 20 people to become better at investing through Investing Accelerator. During the free strategy call, you can discuss which area of analysis you need the most help with (finding discounted stocks vs generating income). You can discuss your knowledge on options (and whether or not you are looking to learn a specific option strategy e.g. covered calls, cash secured puts, spreads) We can identify if you would benefit from the techniques covered in the program from technical, fundamentals to buying / selling options We can also discuss the tax advantages / disadvantages of using different retirement / investing accounts for each strategy. If you are interested, you can schedule a free strategy call here to see if you are a good fit. Schedule a free call

​This was a fun one I wanted to share this morning. Why You Need to Watch This Video: Think the stock market requires decades of experience and a finance degree? Think again. This hilarious video shows a kid—likely still in elementary school—breaking down a technical trading strategy using "Ballinger" (Bollinger) Bands and RSI [00:04]. While he admits he doesn't entirely know what the numbers mean [00:26], his "overpowered" strategy hits its profit target perfectly [01:21]. It’s a funny, chaotic, and eye-opening reminder that sometimes the market is simpler than we make it out to be. ​Why It’s Engaging: ​The Playground Millionaire: The podcat host jokes that this kid is making "generational wealth" and funding it by selling Roblox setups and a playground trading courses [00:45]. ​Pure Luck or Hidden Genius?: Watching a young kid set up long positions and talk about "market shifts" while the host has a minor existential crisis is pure comedic gold [01:04]. ​The Ultimate Plot Twist: Forget AI taking over our careers—we might all just get replaced by a first-grader with a Minecraft account [01:31]. Thanks @Eric Seto for investment accelerator - I can now understand this 6 year-old, and read his chart.😆 🤣

MSTR (strategy) and other crypto stocks, are at risk of being delisted from major indices if MSCI will move ahead with this proposal. This can trigger a broader sell-off for bitcoin and other crypto. https://finance.yahoo.com/news/msci-delisting-crypto-stocks-could-173803552.html

On May 8th, President Trump told everyone to "go out and buy a Dell." 19 days later, on May 27th, Dell was awarded a $9.7B contract with the US Pentagon. Today, Dell, $DELL, reported stronger than expected earnings and the stock surged +30%. Dell's stock is now up +80% since May 8th, adding +$120 BILLION in market cap. -kobeissiletter

Although, I'm not conversant in trading futures, I imagine this developing story will ultimately impact the value of Bitcoin. SEC Approves Nasdaq Bitcoin Index Options, Expanding Derivatives