High Beta Stocks Drop (HIMS NBIS IREN EOSE etc), but BTC Hits 80k & STRC Breaks 97k (Good for MSTR)

0:00 Hello everybody. So this video is entitled Wild Day for High Beta Stocks. High beta stocks are dropping aside of course from anything related to Bitcoin and crypto. And if you just follow the index, you wouldn't know that know that because the index barely moved. I mean, yeah, we ended up down 0.7% on the NASDAQ, 0.3. If you just looked at the index, you would not know that. But within the index, we still have the wildest moves. It's just that these wildest moves are not measured on what is being reported in the mainstream media. Right? For the mainstream media, nothing happened today in the stock market. If you look at individual stocks, we still have reactions that are, you know, quite insane for the news. So for example, Hims house noting 700 million drop in market cap act actually is probably closer to 800 million at one point today. hims dropping 10% out of frankly recycled news from 3 days ago. So 3 days ago we had a news saying that hs was in pro probation period because they had a something like a few hundred returns or chargebacks or I I don't know but they turn the news as to as to as as if it is something ultra ultra negative while it's actually not because the consequence of this news would be a would be an extra charge of $75,000.

1:30 But that's enough. the the recycling of the ne negative news on on X on the media. The recycling of that news is enough to drop the stock 10% nearly 800 million. HIMS continues to be the punching bag of the market. It continues to be cheap no matter what at 0.11. you know this stock is just up 10% down 10% up 10% down 10%. It keeps oscillating. It's a trader paradise. the the the the traders probably don't help with these moves. But but nonetheless, a high beta stock and a high beta stock down 10% today on essentially no news on a day where the indices are, you know, slightly down, roughly flat, really not much. If you look at the new clouds, this is where the market starts making even less sense. And so I made my video yesterday about Nibbus and Iron and why I think Nvidia raising prices is actually very much bullish. It means the demand is inelastic. They the the hyperscalers will pay what needs to be paid to get access to AI. That's at least how I interpret the news of Nvidia raising prices by 17%.

2:41 Well, you wouldn't see that in the stock. The stock of Nibius for example opens in a sheer panic in the morning down 7 and a half% then it recouped towards the end of the day. iron dropping a little more than Nibius today but nonetheless you know these two keep dropping and I still think iron relatively still cheaper. This is true also for the collocation play plays. it's particularly weird for Cipher cuz Cipher you had a big analyst come out with a price target of like 45 bucks or something like that and that didn't move the stock. So the market seems to be ignoring high beta like him. The market seems to be ignoring Neocloud which were the darling of the past was it 7 months 8 months. So the darling of the past 8 months it seems to be forgetting.

3:29 But what else is the market forgetting? Well the market is forgetting AI altogether today. We you have we have Nvidia selling off on bullish news of a price hike of 17%. I don't understand. And Nvidia was was down more in the middle of the day. We have Tesla selling off on the loss of an engineer AI engineer. Some somebody was working on the FAB or something like that. anyway, this is nothing nothing burger. Tesla has lost plenty of engineers and the stock for some reason always goes down on that type of news. and that entirely cancelled the hope of the September 3 event. There's a September free event on Cyber Cab. Everybody was excited about it the entire weekend.

4:09 That was a conversation of the entire weekend, but the market has decided to dump today. And so Tesla was down nearly 4%. And that's the same for any innovative stock, you know, whether it's Micron, SKIX was down to anything related to memory or HBM or NVS players, they're all down. It's all down. It's just one of these these days where the market keeps acting like like a casino. I want the volatility to come down. The volatility is not coming down. I also want to point out, for example, a stock that did a new a new share issuance to finance their growth to finance their optics. This is in the optics space. this this one was a darling of Wall Street a few months ago. Down nearly 14% today. nearly back to the July low. Not quite. This might be worth an analysis. Although I can tell you just looking quickly at applied up to electronics, I still find it a little expensive. Now you have a stock, you have EOSC, very tough to analyze this one. At least in the way I analyze stocks. You know, there's a lot of execution risk in this one. But nonetheless, it it trades risk on risk off. It's this stock is down 10%, up 10 up 10%, down 10%. It's down 9%. Last Friday, it was up nearly 10% or something like that. So, so and of course EOS Energy is a is a is a is is a battery company very big in AI all all about AI with display a lot of battery battery plays. So we see a a general selloff we we see a general drop in a lot of the beta and why is that? Well, perhaps because people are rotating to Bitcoin and to crypto. People have realized that they may have been underweight. And I'm only going to talk about Bitcoin and strategy for the sake of time here. But Solana is doing very well. Hyperlid is doing outstandingly well. Hyperl my Hyperlid video from 3 days ago, least viewed video on the channel in the past two or three years.

6:03 and the stock was up 40, the asset was up 40%, the stock was up like 45%. Nobody cares about hyperlquid. Well, perhaps that's changing a little bit. Perhaps Solana hyperlquid. Even ethereum to a lesser extent getting their shine, you know, getting more and more popular as Bitcoin is firmly in extreme greed. This is the second day that Bitcoin is in extreme greed. Bitcoin hit $80,000 today. Bitcoin was at $80,000 today. then it just took a little breather towards the end of the day. But to me, that's that's not the bigger news. I I I think I think Bitcoin is due for a pullback. I think it ran too hard too fast. Although that's the nature of the markets today. Everything runs too hard too fast. you know, you don't have time to build a position. It's as though if you want to build a position today, DCA DCA is is even tough to look at cuz cuz you may DCA and your stock is up 45% or 30% or 20%. So even DCA one barely has time to do that for so many of the stocks I cover on the channel.

7:04 But when I look at Bitcoin, to me, Bitcoin is overbought right now. The grid is not making me feel very good about about how quickly it it it moved. But we have to admit that Sailor is is doing some wonders here. I don't know if Sailor found the sweet spot, but the whole 0% leverage on strategy playbook, the whole we raised enough cash that we could pay off our debt right away if we wanted to play book that he he that he announced this morning seems to have an effect because STRC is up 1.14% in one day. this is huge for STRC.

7:41 You know, it's it's it's only been up, you know, you know, 3.2.4% 4% the prior days. This time SDRC is really responding positively to to the increase in the cash reserve. So Sailor may have found the sweet spot him here. Kudo kudos to him and and and and that that drop that drop that increase in the SDLC is actually due to Sailor's doing of increas increasing the cash reserve. Not necessarily due to Bitcoin because Bitcoin is roughly flat over the weekend. Bitcoin's value hasn't really changed too much over the weekend. To me, it's the actions of MSTR here that had an impact. So that's really reassuring to see kind of a follow-up on my morning video here. So anyways, are we seeing some sort of a sell-off in a lot of high beta names to move into AI AI names? you know, I I could have put Strive here. Strive doing very very well, too. well, it seems like it's a little bit of that. So we'll see what tomorrow brings. We have a very busy macro week. You know, I I expect a lot of chatter and a lot of fear around macro this week. So So to me, what I do is I'm waiting for deals. I'm waiting for deals to add to any position at the moment. Anyways, this was not financial advice. This is not investment advice.

8:54 This is only entertainment. I'm hoping you were entertained. Please like, please subscribe, follow me on Patreon, follow me on X. Thank you for watching and have a wonderful, wonderful day.