MicroStrategy: A Potential NASDAQ Inclusion Story Hi everyone! Believe it or not, not based on my personal opinion, but because of an interesting article I came across. I wanted to share this with you, MicroStrategy's NASDAQ Prospects For context, MicroStrategy (MSTR), publicly traded on the NASDAQ, has seen a wild run in 2024. Its stock surged from lows of $13 to highs of $543, followed by retracements to $100 and a breakout above $200. Recently, it has found support around $350 per share, with a common resistance near $400. The big news? Analysts are speculating that MicroStrategy could be included in the NASDAQ 100 Index, which could trigger a $2.1 billion ETF buying spree. If included, MicroStrategy would become the 40th-largest holding in the index, with an estimated 0.47% weight. Why This Matters The NASDAQ 100 is a basket of the 100 most valuable publicly traded companies, similar to the S&P 500. Inclusion in such a prestigious index increases exposure and potential investor demand. - Announcement Date: An official announcement is expected on December 13th, with implementation the following week. - As of now, momentum is clearly in MicroStrategy’s favor. If Bitcoin remains strong around $100,000, it should support MicroStrategy. However, a significant Bitcoin drop below $90,000 could hurt its valuation. Broader Context and Comparisons For reference, SMCI is another company that faced hype, but its trajectory has been quite different. After hitting highs of $120, SMCI entered a strong descending pattern due to accounting issues and investigations. While it’s easy to draw parallels between MicroStrategy and SMCI, it’s essential to watch for unique factors like Bitcoin's influence on MSTR. Key Takeaways for Investors - If you’re bullish on MicroStrategy, take profits at overbought levels. - Remember, Bitcoin's historical corrections often exceed 50%. A similar pullback could drastically affect MicroStrategy. For those holding since lower levels like $150 or $200 per share, congratulations! Just ensure you’re setting your future self-up for success by locking in profits when appropriate.

During my move from Massachusetts back to North Carolina, I rented a temporary office until the house was ready. Just showing that you don't need much to be able to trade.

This was the setup in my "office" before I moved everything into my home office.

This video is about a year old so some of the pricing has changed, but the ideas are the same. Also, I didn't realize the correct mic wasn't being picked up until after it was all recorded, but I didn't feel like doing it again. That said, I'll be doing an updated version with more current information soon (which will be part of the Classroom Levels), at which time I'll remove this video. But for now, this is a good place to start. Enjoy! https://www.youtube.com/watch?v=PY33KuhN4CQ

Welcome to the North Star Day Trading community on the Skool platform! We encourage you to join us (FREE) while we build out our Skool profile and populate our community with excellent educational and informative content. We have been around for many years but just getting started on Skool. Get in on the ground level and benefit with each step of the growth of our community. Take a few minutes and view the NSDT Trading Philosophy video, which should give you a good idea of what we are all about. Thank you for your interest! Robert Cooney Owner, North Star Day Trading