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Almost nobody looks at this chart… but it’s one of my favorite ways to spot when a move may be running on fumes. This is a simple 60‑minute line chart of high yield vs SPY. I use it to track divergences between “smart money” (bonds) and “dumb money” (equities). The last major signal was at the bottom, high yield quietly started putting in a higher low while stocks were still puking. That helped flag the turn. Fast‑forward to now: $JNK and $HYG are not confirming this latest push in SPY. Stocks are pressing higher, high yield is stalling out. That doesn’t guarantee a top, but when "Smart Money" refuses to play along, I take note.

People think the stock market still has plenty of upside. I don’t buy it. This feels like the final stage, everyone piling in before the rush for the exits. Give it some weeks and bookmark this.

这次kelp事故，损失最大不是aave，也不是kelp，而是layerzero，只是它太短视了，看不到整个事件的本质到底是什么。 这个事件的本质不是证伪了L2（假L2就算了），而是证伪了跨链桥。 关于是否证伪L2这个事情，后续会说下，为什么L2叙事不受影响。

Tom Lee says retail is chasing this rally. They didn’t buy the dip. They’re buying now. That’s exit liquidity. That’s what pushes the market higher first. Then the new Fed Chair arrives. The market tests it. A pullback follows. After that reset, we enter one of the strongest 18–24 month runs we’ve ever seen.

Bullish on $ARM, given the new bottleneck shifting back to CPUs. MS shows stuff like Orchestration/RAG requiring CPUs. But I'm predicting parts of localized inference to be handled by CPUs more and more... as models like Gemma get lightweight in the future. Not every robot needs to be able to solve the mysteries of the universe. Data centers will need an astronomical amount of traditional CPU compute (AWS Graviton, $GOOGL Axion, and $MSFT Cobalt), which are all ARM based. $META + OpenAI are also buyers of the AGI CPU. And AI will flow down to edge. $15B annual revenue target.. Starting to look reasonable?

注意，1价 我买了5w u现货 rave, 注意力还在，这币不会归零， 最多亏50% 但反弹可能到2 3 4 盈亏比可以。 交易所说调查就是嘴上说说，还能把人送进去？？？😀😀😀

Robotics and CPU is the next theme setting up. If you still don’t see it, $ARM is the name getting ready for a real move. We already saw it with $MRVL and $NBIS. Then came space. Next - $ARM