Outperforming the Consensus.
A quick market update.
Most “Investors” waste time forming opinions. What matters more is understanding what the market has already priced in—and whether your view of the future is different.
Rates: 2025 Rate Cut Expectations are skyrocketing, but the 10yr could still climb.
Silver and Platinum continue to crush Gold.
Bitcoin: Sticking to our January view — Bitcoin is the top asset of 2025, tracking M2 growth.
Collectibles: Trading cards remain a top-performing alternative asset.
Chemours: New immersion cooling tech hints at a bottom.
S&P: A great bottoming indicator was % of stocks above the 200ma
Yields are trading sideways for now. Even if there is a rate cut, 10yr could still go higher.
Silver vastly outperforming Gold.
Like we stated in the beginning of the year, Bitcoin will be the best performing asset in 2025. Along with collectable trading cards.
Bitcoin will follow M2 money supply.
Johnson Controls breaking out to new highs.
Chemours: Don’t look now but Chemours just created 2 state of the art immersion cooling systems for datacenters. Looks like it bottomed.
Platinum: Huge breakout. China is buying a ton and the metal is flowing to the east.
Coupang: The accumulation volume was the tell.
Feb 18th 2025: “ASTS: AT&T revealed a 2.7% equity stake. Keep an eye on this one.” Revenues are going to accelerate.
Look at our top call on Gold.
Look at our top call on Coffee.
Meta has been recruiting so aggressively that they broke the head of recruiting at OpenAI. This is a great sign.
Goldman posted a sector sentiment gauge.
