Your Week In Brief: Welcome To Groundhog Day.

The following was originally published on Capital Watch. Some edits have been made

"Will this be the day when investors sell-off and take some profits?"

"How long can the market remain divorced from all economic reality?"

"Will Spotify become the next Apple because it now offers podcasts?"

"And speaking of Apple, I know almost all of us said it was overvalued when the stock fell in March but now will it ever fall?

So say market experts…every single day.

While companies like Spotify (I bought at the recent dip) and other stay-at-home tech stocks will keep rising, the bulls will sell eventually. There is a tech bubble and it will burst, or at least deflate. To wit, Facebook Inc FB has barely budged despite advertisers leaving in droves at Zuckerberg's intransigence to demands by civil rights leaders insisting he curbs hate speech on his platform. Whether motivated by pure arrogance or a firm commitment to the principle of free speech on his platform, Zuckerberg's business sense will prevail in the end.

Facebook, Amazon.com Inc AMZN, Apple Inc AAPL, Netflix Inc NFLX, Alphabet Inc GOOGL, and often included, Microsoft Corporation MSFT, will not see their F.A.A.N.G.s recede anytime soon. For all Warren Buffet's mistakes this year, Apple stock makes up more than half of his stock portfolio. I will continue to be long on Apple until there is a vast change in consumer behavior. Even when the world crumbles at our feet, we will take a video said Armageddon with our iPhone 23S.  

Yes, buy Shopify Inc SHOP and Spotify (SPOT) and yes, they will go down, but if they do, just sell fast or hold long-term. Spotify's foray into podcasting is not a joke and will help drive growth long-term. 

UPS? Sure, buy it. FedEx's earnings should bode well for UPS, whose stock (UPS) should move upwards after it releases its own earnings on July 22. 

China in a Bull Shop

As one Chinese retail investor in a Bloomberg piece said this week, "I can't lose." Well, lose they did the last time the Chinese stock market raucously rallied in 2014, losing $5 trillion nearly overnight.

In the last couple of weeks, Chinese indexes added $1 trillion in value spurred on by individual retail investors leveraging like crazy after receiving encouragement from Beijing. Chinese regulators are already panicked over the frenzy, but Goldman Sachs says the bull has more room to run. And while there will be hills and valleys, I see a long-term bull market in China for the next few years.

You can buy an ETF, but I would just go to back to the BAT stocks and also add Vipshop Holdings Ltd VIPS, Baozun Inc BZUN, Tencent Holding TCEHY, New Oriental Education EDU, Pinduoduo Inc PDD, GSX Techedu Inc GSX and leverage away. GSX is likely another lying Luckin, but who cares short term? I was late to the party but got "in" Monday at $66, "out" at $86. 

You can also ride the dragon by betting on it or against it with the Direxion Daily FTSE China Bull 3X Shares YINN and/or the Direxion Daily FTSE China Bull 3X Shares YANG. The 3X Shares ETF seeks daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the FTSE China 50 Index. 

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The opinions expressed in this article do not reflect the position of CapitalWatch or its journalists. The analyst has no business relationship with any company whose stock is mentioned in this article. Information provided is for educational purposes only and does not constitute financial, legal, or investment advice.