Mandelbrot

I’d force you all to read this if I could

SPX -4% YTD

@TeflonOG2 Always been a big fan of the coin, was just flagging at the highs that KOLs were still bull posting when it was pretty clear a roll over was imminent (They needed exit liquidity)

@Wild_Randomness It’s not fartcoin bro… whole market is down. What’s the fuss???

Shocking… (Marked safe from being used as KOL exit liquidity)

?

Gap down Gap fill (nothing ever happens) Gap down Gap fill (nothing ever happens) … On repeat

If you sold Canadian oil and gas names at any point off that Venezuela news you are underwater. Thanks for playing.

$XEG Remember when a bunch of people sold Canadian energy names on the Venezuela-US event at the start of the year?

@atalantis7 @thiccyth0t @DeepDishEnjoyer yes

@thiccyth0t @DeepDishEnjoyer the spread is the only leverage trump has right now

brent wti should widen but wti shouldn't just stop going up lmao

@fejau_inc Appreciate it, Canadian GCR

@Wild_Randomness trump admin said no export ban coming

Any news? Bessent stepped away from the desk and went for lunch?

$MU OTM June Puts from ~ $451 Earnings sold, price lifted and filled gap… Trigger. Memory GCR (@AlexCorrino) is less constructive on it relative to SNDK as well. MU margins could be near a peak. Also citing risks of fragmented AI investments (GCCs).

(Didn’t short it, as mentioned)

$HYPE

$BTC

@JamjodSnaj @Citrini7 x.com/subutrade/stat…

@Citrini7 If us indexes sell off, where do you think the money goes?

I can’t really see the scenario where stocks don’t go lower in the near term. Maybe that’s s bull case? Market has been so desperate for a taco people have been making their own and forgot that in an actual war both sides have to agree to end it (or one has to surrender). They’re going to figure that out eventually. The Fed’s cutting cycle is on its way to being completely priced out. 2 weeks ago, SOFR Z7 was 75bps lower than March 2026. Now it’s down to 25bps and IOR is comfortably above 2yr (meaning reserve managers are not buying the dip on the expectation the cutting cycle continues). If NFP is strong, it’ll wreck rates (at a time when financing has become increasingly important for the largest companies in the world) while if it’s weak I don’t think equities respond positively either. And this all is coming at a time when AI is maybe not good enough to convince companies to replace workers with machines while business goes along as usual, but certainly is good enough to have companies attempt to use it for roles they had to cut because of economic pressure and potentially find out they don’t need to hire that role back. It’s one thing to see some bearish scenarios and brush them off as priced in, that’s been a good strategy (most years have drawdowns of 10-15% routinely). But SPX is ~5% off all time highs…

“Wow fartcoin (200M mcap) is holding up really well here, look at that strength!” - One of the six 500k follower KOLs that have been relentlessly bullposting it

We just need to cool off before the next rally

Emoji GCR may be onto something…

@BowTiedLobster @gammichan

@gammichan My logic is stocks are about to go limit down (explanation is long)

Nice level to trade here. Good place for the local uptrend to continue and good place to flip short if it fails (like last time)