That's the point though :) The clock is right by accident, not skill. Over 5 years (to include good times and bad) the S&P is up 47%. BRK.A is up 52%, outperforming that. ARKK is now down 7%, underperforming, to put it mildly.

Oh I totally agree about the potential and it all depends on your timeframe. For now these aren't really things you'd want to be seeing though:

"Revenue plunged nearly 75% from a year earlier"

"Coinbase’s user base continues to shrink"

"Transaction revenue fell 12%"

"Coinbase’s business could also be impacted by possible SEC actions"

https://www.cnbc.com/2023/02/21/coinbase-coin-earnings-q4-2022.html

Nope. Cathie buying something is always a red flag for me. Sure enough, COIN is down today. Look at the 5-year chart of e.g ARKK. Anyone can be lucky. Doing it consistently suggests skill.

Based on that alone, bearish. But the SPX is now right at a trendline from October. Whether it closes above or below that line tomorrow will show whether that uptrend is broken or continues. That's more important.

Well the market could go up for about half an hour. But then JPow starts talking at the press conference.

Yep. JPow wasn't going to derail the Santa Rally. Pivot -> pause -> cut rates next year. Bullish.