QQQ Is Hiding A Pile-Up
QQQ closed Friday at $690, roughly 1.6% above its blue 200-day SMA, after a 3.5% flush. Which means every dip-buying thread on the internet now…
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The Binance crash had a head start
Well that didn’t take long! The past week has been full of emergency patches and breaches, and it was only a matter of time until…
The worst print reaction since 2004
Alphabet doubled cloud revenue and still got almost 13% knocked off the stock in a single session. It closed at $283, about 1% above its…
The Fed Is Just the Opening Act
The Fed announces at 2pm ET, it’s the most telegraphed decision of the year, and the market has treated it as settled for weeks. Which…
Bitcoin gets the penthouse, alts get the bill.
Somebody is paying for Bitcoin’s floor this month. Take a guess who. BTC is down about 5%. SOL is down about 18%. Same market, same…
$200bn Of Capex And This Week Is The Audit
The easy part of the AI trade is over. Anybody can write a check for $200 billion. This week the three biggest names in the…
