Palantir is now trading at more than 30 times its book value and about 60 times this year’s sales.   1-year RSI and 5-year RSI are both over 80%.   Currently, the share price is going up in anticipation of its inclusion in Nasdaq 100.

Whoever bought the shares at over $500 has just lost more than 20% of the money in a day.  This is the second time I have witnessed it in a month.  Stock Market is brutal, not every stock is a bed of gold.   I have my fair share of loses so don’t despair.  Do your homework (chart technical analysis and value investment).  Have more rights than wrongs.  Think of investment not speculations.  Learn from your experiences

If I calculated correctly:    Based on the number of bitcoins the company has, the market value of the company now is about 4 times  the market value of the total value of bitcoins it holds without considering the company’s debts.  So what are your thoughts?

The current upsurge of share prices of Chinese stocks is likely to indicate a baseline for Chinese stocks.  A technical analysis of major stocks like JD.com, Alibaba and Tencent would more than likely support this view.   Although an easing of monetary measures proposed would definitely help the China economy, I would like to see a series of structural measures that would positively impact the property sector.  Only when such measures are implemented would the Chin...