sentiment is properly July drunk

"Investing" these days:

4.4% of SMH

This could literally pass as a scene straight from The Office

Will we see the typical post-Powell sell-off again today? It's a tradition.

we should probably just replace the FOMC with Chat GPT

$SMH doing all the heavy lifting. Time for a couple more NVDA mini earnings events, 'tell me how much MORE money you are going to give me'

$MSFT It's giga tech spike party season, more to come you know it

I think giga tech just added like half a trillion in mkt cap, which now is just for financial comedic use

Here is a screen of 100B+ market cap best performers last 3 months. They haven't EVEN BEGUN to feel any pain, the last 7 days are still positive performance, so the trendy/herded stuff hasn't blinked.

No other way to slice it: this is incredibly fucked up.

Leveraged ETF rebal

August Purgatory/Chop in the Forecast open.substack.com/pub/volatility…

Nobody knows why?

ridiculous

TRUMP: WE WILL BE PUTTING A TARIFF OF APPROXIMATELY 100% ON CHIPS AND SEMICONDUCTORS UNLESS YOU BUILD THEM IN THE USA um...either he's trolling or the semi stocks are about to pay a pretty big tariff since we barely make any chips in the US

and it's gone of course