Thoughts on Apple, Facebook, and three metaverses

 I think right now is a really good time to sell a couple of stocks, and a good time to buy some cryptos.  

Disclaimer

These are all calls looking several months out, 4 to 18 months from today (8/30/2024).  I think we are on the verge of a major stock crash, likely to happen in September, maybe October 2024.  I think we are already in a recession, and will see the major stock indices drop 30-45% in the next 6 to 8 months.  Five of the Magnificent 7 stocks (Apple, Amazon, Google (Alphabet), Facebook (Meta), Microsoft, Nvidia, and Tesla) are now down roughly 10% to 50% from their all time highs.  These two, Apple and Meta (Facebook) are still hanging in there, just off their highs.  For now.  Since I see a major downturn coming, I think it's a really good time to sell these:

Apple- $ 229.00

Facebook (Meta)- $ 521.31

(with today's prices, as I'm writing this post)

I think these stocks will hit the long term bottoms in the next 4 to 8 months.  The recession will lead to another major bailout, probably after the election, which will pump new money back into the economy.  That influx will start stocks rising again, my guess is sometime between December 2024 and April 2025.  When these stocks bottom out, several months from now, it will be a good time to buy them for the long term again.

With crypto part way into Crypto Spring, but stalled by the recession and economic slowness, the crypto coins for three metaverses have dropped to ridiculously low prices.  I'm looking at these as a something to buy now and be willing hold for at least 9 to 18 months.  Once new money gets injected back into the economy (after the inevitable bailout caused by the recession/economic crisis) Bitcoin will eventually start rising again.  When that happens, when Bitcoin moves above $75,000 per BTC, and keeps going, it will be time to start keeping an eye on these cryptos.  I think APE, SAND, and MANA can easily go 10X from these current prices, maybe higher.  It would be smart to take some profits around the 3X to 5X point on these.  If you know how it safely buy and hold cryptos, I think it's a great time to buy these three cryptos:

Apecoin (APE)- $ .64  (64 cents per token)

Decentraland (MANA)- $ .27 (27 cents per token)

Sandbox (SAND) - $ .25 (25 cents per token)

I also think it's a good time to pick up Solana.  It's had a good run, but with its popularity for NFT's (which will also come back in a big way, when the big money starts sloshing around the system), but I think Solana could kind of turn into a "new Ethereum," and could double, and maybe even run up to $1,000 or more, before this next crypto bull run ends.  

Solana (SOL) - $ 137.92

These are just my thoughts.  Always do your own research and due diligence before making any investment decisions, and contact any professionals needed.  Read the Disclaimer linked above.