SpaceX started trading 12 June 2026 and the stock market rose. Meanwhile, the market seems to be ignoring Iran or assuming that a deal will be done (nothing has been finalised). The good news is that my portfolio has moved faster than the S&P500 and hopefully will catch up with the S&P. I wonder if SpaceX will become the next Meme stock and whether stocks are going to move into Meme stock territory.
This could be an opportunity value investors who take a cold hard look at free cash flow and earnings and continue to seek out stocks that actually earn money. I have continued to add McDonalds MCD as a value stock.
In the meantime, I continue to buy the usual ETFs, always adding VHYD/WQDV to my VWRD/VUSD/LSPU purchases in order to reduce my tech concentration.
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