Asmongold breaks down the recent stock market surge, identifies potentially overbought tech giants like Microsoft and Netflix, and questions whether a pullback is on the horizon. Also, he's got takes on the tariffs, because of course he does.
Asmongold breaks down the recent stock market surge, identifies potentially overbought tech giants like Microsoft and Netflix, and questions whether a pullback is on the horizon. Also, he's got takes on the tariffs, because of course he does.

Tariffs? More Like TARRRIIIIBLE!

Alright alright alright chat. Let's talk about this market nonsense. So apparently Trump did the tariff thing again. You know the thing that everyone pretends to understand but really just boils down to 'more money for the man.' Stocks took a nosedive as they do when people start throwing money out the window but then BAM! Temporary reduction. Everyone's happy again like when Blizzard finally fixes a bug... for about five minutes. This whole situation is like gearing in Diablo 4 it's just a endless pointless grind.

Earnings Season: The Copium Inhaler

Then get this earnings season rolls around. Suddenly everyone's a genius! Companies are beating expectations jobs data looks 'better than expected' – which probably means they just laid off fewer people than last month. And the market? Green dildos EVERYWHERE! It's all a facade I tell you. Like these streamers who pretend to be 'authentic' while shilling the same G Fuel code for the tenth time. They are all bots!

Microsoft and Meta: AI Hype Train to the Moon?

Microsoft and Meta oh boy. These guys are the kings of the hill right now thanks to the AI hype. They're throwing money at data centers like I throw money at Doordash after a 14 hour stream. But here's the kicker: they're spending all this cash *despite* potential tariff costs. They're either playing 4D chess or they're just REALLY hoping the AI thing pans out. Maybe they'll develop an AI that can actually balance the god damn economy. I would like to see that.

RSI: The Crystal Ball of Wall Street...Maybe

Now let's get to the real juicy stuff: the Relative Strength Index or RSI. Basically it's a fancy way of saying 'this stock is either about to crash or it's about to go even higher – we have no freaking clue!' If the RSI is above 70 it's 'overbought,' which means it's due for a correction. Below 30? 'Oversold,' time to buy the dip! (Disclaimer: This is not financial advice. I'm a streamer who yells at video games for a living not Warren Buffett.) This reminds me when people used to say how cool it would be to buy Dogecoin... Yeah.

Overbought Alert! Microsoft Palantir and Netflix in the Hot Seat

So who's in the danger zone? Microsoft with an RSI of 72.78. They're riding high on the AI train but the RSI is flashing red. Palantir is another one RSI of 71.91. They're raking in the dough from government contracts but analysts think they're about to take a tumble. And then there's Netflix RSI over 74! They've had eleven straight days of gains which is basically unheard of. It is getting a bit spicy.

Oversold: Bargain Bin Time for UnitedHealth and Church & Dwight?

On the flip side we've got UnitedHealth Group and Church & Dwight which makes freakin' Arm & Hammer. These guys are 'oversold,' meaning they *might* be undervalued. UnitedHealth got smacked after they lowered their profit forecast and now everyone's scared. Church & Dwight... well people always need baking soda right? But it is never a bad idea to buy the dip if you are brave enough.


Comments

  • geacoman profile pic
    geacoman
    5/25/2025 7:11:36 AM

    I love watching Asmon play Diablo while commenting on financial news, what a time to be alive!

  • Wingus profile pic
    Wingus
    5/21/2025 7:50:20 AM

    I lost all my money thanks to asmongold's 'advice' so I went bald like him. At least now we can hang.

  • pebisnistangguh@gmail.com profile pic
    pebisnistangguh@gmail.com
    5/12/2025 2:21:04 AM

    More like Arm and Hammered amirite guys?

  • littleorange profile pic
    littleorange
    5/9/2025 8:12:45 PM

    Wait, Palantir makes money? I thought they just spied on people.

  • kaytelove profile pic
    kaytelove
    5/5/2025 8:35:33 AM

    He's not wrong, I don't understand any of this stuff, the economy is boomer nonsense.

  • chrisbradform profile pic
    chrisbradform
    5/4/2025 2:09:04 AM

    Asmon, you should start a hedge fund. I'd invest.