The Biggest Month In Degenerate Economy History - Alpaca and Binance Integration, UnPicking SpaceX With FREC And Stocktwits New Ticker Pages

If you took a vacation in May…you picked a bad month not to be part of ‘The Degenerate Economy’

It was a uniquely uncorrelated month for markets which made stock picking fun. I do NOT expect that to continue…so please stay alert…markets tend to get very correlated (to the downside) after periods like this…

While May might have been the greatest month ever for the degenerate economy in terms of growth and volatility, June might top it. When I say ‘topping it’ I do not necessarily mean better, but it will definitely be the loudest with the biggest IPO ever.

Some big news that is part of this massive month in growth…

First, Stocktwits has dropped NEW ticker pages. Go to the app store and UPDATE your app…

Here is a quick video…

More details…

Over the next 90 days, the rest of the product will get a refresh focused on making the app and site faster, easier to use for idea generation, more helpful finding great investors and traders to follow, better tools for creators and a lot more fun.

Next up…

Binance ( $BNB ( ▼ 3.72% ) ), the largest digital asset platform serving over 300 million users (10 times size of Robinhood), has launched US stocks and ETFs trading, advancing their vision to become a multi-asset financial super app. As early seed investors in Alpaca back in 2017, I have seen this coming. The full announcement and details are here.

The Binance /Alpaca integration is the biggest retail /degenerate economy integration of all time …

The launch is perfect timing for Elon, Spacex , Anthropic, Open AI and Goldman to push $4 trillion in new stock to a global retail audience.

The announcement is so big that Robinhood dropped 7 percent on the open (rallying now). This is now a formidable competitor on the global stage with 10 times more users than Robinhood.

At minimum, this announcement will bring attention, focus and context to the size and scale of the global opportunity for US stocks and markets.

Next up in the partnerships for Alpaca will be India I am sure 🙂 .

Next up…

Last but not least for today is a big feature launch by FREC.com in time for the SpaceX IPO.

There has NEVER been a better time to use Direct Indexing like Frec.com as Elon, Goldman and The White House focus on dropping $4 trillion of magically priced AI IPO’s into your portfolios. The biggest problem I have with these IPO’s is how the index companies have bent over backwards to change the requirements so that SpaceX is automatically in your index. I have already opted out in FREC.com and can always add it back, at any size, at any time. I have restricted it from my portfolio for now (my partner Gary is upping his position which is why I love FREC, direct indexing and this feature…

Mo, the founder, has a great LinkedIn diary if you want to learn about direct indexing and the product offerings as they happen.

Get $250 free money in your FREC account if you sign up with this link.

Have a great Monday.

PS…Momentum Monday will show up tomorrow and will tape it after the market closes.