JP van Essche

S&P 500's Daily Sentiment Index is at 22, the lowest since last April's crash. Similar depressed sentiment readings came close to marking bottoms for $SPX

S&P 500 P/E ratio falls below 20x for the first time in almost a year... below the 20.0x 5yr avg @DualityResearch Tech P/E under its April 2025 low, they say.

#NDX, 1d The lower indicator shows the % of top Nasdaq stocks above their 100d MAs. Each top was formed on a bearish divergence.

$RDDT downvoted to IPO support but the bulls still haven't got the memo

🚨 The MOVE index hasn't surged like this since the trade war of 2025.

$GLD is a "safe haven" during war

No positions for me, but THAT kind of market. Wow. #optics

Local Bottom. I repeat Local Bottom. $SPY

Back to the 50 week moving average for $SPX $SPY

$SCO short oil?

Since Trump elected November 2024 the Dow is up only 4.5% in 17 months. That’s worse than bonds

You should fear the markets when everyone is exposed. Not when you have the record amount of people sidelined.

Since Liberation Day, every red $SPY candle that produced at least 110M in volume saw a local bottom and multi-day bounce. We put in 123M today.

This is the kind of market that makes you question everything. But these phases don’t last forever — they just feel like they do while you’re in them. Eventually conditions shift, and when they do, the opportunities tend to be very asymmetric. Discipline now sets you up later.

If you’re a believer in being greedy when others are fearful, this is your kind of market. Computerized, news driven, algorithmic selling pressure…which is 80-90% of what we saw this week…feels heavy af when you’re going through it. But then, it just ends. And it’s followed by a rip your face off melt up move higher.

The rally we’re likely going to get when this selling is over will make this choppy period worth it if you can just stay disciplined through this. The best rallies and trends come after downturns off bottoms and pullbacks. Opportunity is coming.

JPM collar put strike for end of quarter is 6475.

Volume doesn't lie. $SPX. $SPY.

Data center energy stocks are quietly becoming the next leaders ⚡📈 $SEI, $BE, $BW, $GEV, $POWL, $TE and more. AI data centers need massive power — and the infrastructure isn’t ready. Here’s how I approach it 👇 1. Follow The Theme: Power supply is the constraint. Hydrogen, gas turbines, grid infrastructure — that’s where money flows. 2. Focus On Leaders: I track the stocks already showing strength. They hold up while the market struggles. 3. Study Past Winners: Strong leaders move the same way. Tight bases, clean breakouts, sustained trends. 4. Wait For Structure: Right now, many charts are still messy. No clean entry = no trade. 5. Respect The Market: Choppy conditions destroy timing. Even strong stocks need the right environment. 6. Be Ready: This can change fast. When structure and strength align, these names can move hard. I don’t chase stories. I wait for patterns. These patterns repeat. I’ve taught this to thousands of traders. You can learn this too.