Fogi70

Bitcoin's bottom call 📉 faces its first real test A few weeks ago Galaxy said the $BTC bear market was over. Now that call is being tested. Bitcoin trades near $71,800 after five losing weeks in a row. On Monday it fell below its 50-week moving average, around $75,200 on my chart, and more than $1 billion of leveraged long positions were wiped out the same day. Galaxy itself named this level as the test. A weekly close below it, followed by a month without getting back above, would make it rethink. Options traders are getting defensive. On Derive, the chance of Bitcoin ending Christmas below $70,000 rose from 15% to 31% in one week, while the odds of finishing above $80,000 fell from 53% to 26%. US spot bitcoin ETFs also lost $1.28 billion last week. Why did Bitcoin weaken again? October inflation came in at 0.4% against 0.3% expected, and futures now price another Fed hike in December. Bitcoin moves almost in step with the Nasdaq right now, so rate fears hurt both. 👉 $BTC average about $78,111 across 3 positions, now about $71,889 (-8%) I keep holding. Getting back above the 50-week line within the month would tell me the bottom call still stands. Where do you think Bitcoin ends the year? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

The Fed 📈 may have to hike by half a point in December October prices rose 0.4%, more than expected. Core rose 0.3% for a third month. Fed governor Waller said that reading would make him consider a 50 basis point hike on 8-9 December. How much will the Fed hike in December?

CoreWeave jumped 25% 🚀 and I am still under water $CRWV reported third-quarter results on Tuesday and the stock closed up 24.7% on Wednesday at $60.77, its best day since April 2025. Revenue came in at $3.66 billion, up 168% from a year ago and more than $1 billion higher than the previous quarter. The backlog stands at about $132.5 billion. Management raised full-year revenue guidance to $13.0 to $13.3 billion, above the $12.86 billion analysts expected, and lifted adjusted operating income guidance by 26% at the midpoint. The debt is still the weak spot. Interest expense was $846 million in the quarter, up from $310 million a year ago, and the net loss widened to $709 million. Fourth-quarter interest is guided at $1.05 to $1.15 billion. CoreWeave now targets adjusted profitability in the first half of 2028 and says it will not borrow on unsecured debt markets at current yields. It expects about $9 billion of customer prepayments and deposits in the next three months. CEO Michael Intrator says capacity for 2027 is 10 times oversubscribed. The gain did not hold into Thursday. Reports that Nvidia's board may remove Jensen Huang pulled the stock back to about $54.72 before the open. 👉 $CRWV bought at $63.06, now about $54.72 (-13%) I keep the position small because the company runs on borrowed money. Demand is clearly there. The interest bill is the number I watch each quarter. This is a fantastic company. As AI worries fade, it will reward shareholders a lot. Would you add here or wait until the 2028 profit target gets closer? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Strategy bought $82M of Bitcoin 🟠 but spent more on buybacks Strategy bought 1,036 bitcoin between 2 and 8 November for $81.9 million, an average of $79,012 per coin. It was the second weekly purchase in a row and lifts the total to 850,364 $BTC, about 4% of all bitcoin that will ever exist. Most of the money raised did not go into bitcoin. Strategy sold about 2.05 million of its own shares for $283.8 million. Only $81.9 million went into bitcoin. $188.3 million went to buying back STRC, its variable-rate preferred stock, and $13.6 million went to cash. The company also holds $4.9 billion in dollar assets. Strategy's average cost across all its coins is $75,456. Bitcoin trades near $74,400 today, so even the biggest corporate holder sits slightly under water on its whole stack, and last week's coins are already about 6% down. I am in a similar spot. My bitcoin average is about $78,111 across 3 positions, roughly 5% down. I hold plain bitcoin rather than the share, because a company that sells stock to buy coins can only keep going while investors keep buying that stock. Would you rather own Strategy shares or plain bitcoin? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Anthropic wants up to $1.4 trillion 🚀 and its suppliers are buying in $ANT.24-7 set the price range for its IPO on Tuesday: $70 to $78 a share. At the top end it would raise up to $63 billion from the public and be worth just over $1 trillion, or about $1.4 trillion counting employee awards, convertible notes and other shares that could still be issued. No date is set yet, but the end of next week looks likely. On top of that, Broadcom, Google and Nvidia agreed to buy $26 billion of shares at the IPO price. That takes the total to about $90 billion, more than the record SpaceX raised in June. I like that part less than the headline number. Broadcom and Google sell Anthropic chips and computing power, and Anthropic has promised $895 billion of compute spending, much of it to companies like them. So part of the money they put in comes straight back to them. The price itself is not far from the private rounds. Anthropic was valued at $965 billion in May and about $1.2 trillion on secondary markets in July. 👉 I hold Anthropic 24/7 at $112.96, now $103.29 (about -9%). Broadcom is at a $331.07 average, now $344.60 (+4%), and Google at $329.17, now $288.01 (about -13%). I'm keeping all three as they are. Would you buy Anthropic at $78 a share? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Nvidia 📉 missed the rebound everyone else got Wall Street bought the dip on Monday. The S&P 500, the Dow and the Nasdaq all closed up more than 2%, but $NVDA finished down 4.3% as its board started looking into whether Jensen Huang was the target of a foreign intelligence effort. Since the 4 November close, just before the election selloff, Nvidia is down about 11%. The Nasdaq 100 has won back most of its drop and sits only about 2.5% lower. So investors are not dumping AI as a whole. Morgan Stanley says the reaction to the midterm blue wave was overdone and points clients to hyperscalers, data center suppliers and companies that put AI to work. The market is putting a discount on one name until it knows who will run it. Huang pulled out of two tech events this week. The next real test is Nvidia's earnings on 17 November, which will show whether customers are still ordering at the same pace and how management handles questions about leadership. I do not hold Nvidia. My AI exposure is Broadcom, CoreWeave and Alphabet, and Broadcom jumped about 9% on Monday. 👉 Broadcom average $331.07, now about $326.14 (-1%) 👉 CoreWeave bought at $63.06, now about $47.94 (-24%) 👉 Alphabet average $329.17, now about $283.77 (-14%) Would you buy Nvidia before 17 November, or wait for the earnings call? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Nvidia's board is investigating its own CEO 🕵️ The $NVDA board said on Sunday it is looking into whether Jensen Huang was the target of a foreign intelligence effort. Earlier that day Huang told staff he had been unfaithful to his wife and said he would cooperate fully. Last month the New York Times reported that US officials believe Alice Huang, an executive at Megaspeed, was a Chinese intelligence asset who had developed a relationship with him. Nvidia was down about 5% before the US open, near $178. That wipes roughly $190 billion off Friday's value. The stock had already dropped 10% on Thursday in the election selloff and now sits about 26% under its 5 October high of $240. Huang runs Nvidia hands-on, with dozens of direct reports, and many investors see him as the face of AI. Trump has already said he should stay CEO, but a board investigation runs on its own timeline, and the market hates not knowing who will lead the company in six months. I do not hold Nvidia. My AI chip exposure is Broadcom, which I added to on Friday, and CoreWeave, which rents out Nvidia GPUs. 👉 Broadcom average $331.07, now about $298 (-10%) 👉 CoreWeave bought at $63.06, now about $44.63 (-29%) Would you sell Nvidia over a CEO scandal, or is the business bigger than one man? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Kazakhstan put $100M 🏦 into crypto funds, not a token pile Bloomberg reported that Kazakhstan’s government deployed about $100 million of sovereign capital into external cryptocurrency funds. A central bank operations head named Brevan Howard Digital and Ege DeFi among the managers, and also cited about $90 million in bitcoin-focused ETFs, according to Galaxy’s write-up of the Almaty remarks. This is not a stack of spot tokens sitting on a government balance sheet. The money is going through professional managers for liquid strategies, venture-style equity and yield. That matches earlier guidance from the National Bank side, which preferred funds and ETFs over buying coins directly. Kazakhstan has been building this path for a while. The Alem Fund launched in 2025. Officials have talked about hundreds of millions more in crypto-linked reserve allocations. Mining, a tenge-backed stablecoin and seized-coin reserves sit alongside the fund investments. While Washington argues over hearings and market-structure bills, an emerging-market sovereign is already writing cheques to managers. I hold $BTC at an average of about $78,111. Sovereign and wealth-platform buying is the quiet bid under the noise from leveraged traders. Does state money via funds make bitcoin feel more institutional to you, or still too political? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Is this the big one? 📉 Four signs I am watching after Thursday's AI sell-off One day after the midterm blue wave, the AI trade finally broke. On Thursday the Nasdaq fell 5.5% and closed at its low of the day. Micron dropped 16%, Nvidia almost 10%, and even staples like Walmart and Coca-Cola ended in the red. The selling was not new, though. Big chip stocks peaked in early October, memory names in June, and data center industrials have been sliding since May. The election sped up a move that was already under way. Credit markets are still picking carefully. The cost of insuring CoreWeave debt jumped 127 basis points to 12.89% a year. SpaceX insurance rose to a record 287bp. Microsoft, Amazon and Google barely moved. 👉 I feel this one personally. CoreWeave is about 26% below my $63.06 entry. My SpaceX position is about 40% under my $219.41 average. Meta is still about 15% up, and Google about 14% down. Both CoreWeave and SpaceX bounced on Friday, but one green day changes nothing. I am watching four things. Does selling spread outside tech? Does the economy start to weaken? Do AI leaders cancel capital plans, like an Anthropic listing? Do bond yields fall sharply? If all four answers are no, I see this as a reset, not a crash. Are you buying this dip or waiting? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!

Tesla will wind down the Cybertruck 🛻 in mid-2027 Elon Musk said $TSLA will stop Cybertruck production at Gigafactory Texas around the middle of next year. The freed-up space goes to the Cybercab robotaxi. Wes Morrill, Tesla's Cybertruck lead engineer, called the truck a technology platform that lives on through Cybercab. Musk once aimed for 250,000 Cybertrucks a year. Cox Automotive says Tesla sold about 20,000 last year and has shipped around 16,000 so far in 2026. More than a million people reserved one before launch, but the price and the stainless-steel design kept most buyers away. SpaceX was one of the biggest customers, buying $131 million of Cybertrucks last year as support vehicles. Tesla already stopped the Model S and Model X earlier this year to free factory space for Optimus. The company is pushing robotaxis in Texas and Florida, and its board is still weighing a possible merger with SpaceX. I do not hold Tesla. I do hold SpaceX. I bought at $219.41 and it trades near $130, about a 41% loss. Thursday's 11% drop in Tesla and 9% drop in SpaceX came with the broader AI selloff. 👉 SpaceX bought at $219.41, now about -41% Does killing the Cybertruck make Tesla a robotaxi bet, or does it just admit the truck failed? 💚 I’m Gabor - I Don’t Work for Money, Money Works for Me💰 🔄eToro’s CopyTrader feature lets you automatically mirror my Strategy 🚀 Gabor Fogarasi @fogi70 eToro Pro Popular Investor 🏦 CISI Level 3 Investment Certification med.etoro.com/B22386_A123282… Sign up to eToro to Copy my trades! Your capital is at risk!