Alain

The boat is getting tippy. About $64 billion has come out of SPY + QQQ over the past 3 months. That's nearly double the previous decade's extreme. Still not all that extreme as a % of assets tho.

$SPX down 1% while $VIX is RED - that’s hedge unwinding. When protection comes off into weakness, it usually signals exhaustion in fear. For this Iran-driven cycle, it suggests we’re getting close to a local bottom in my view.

Past few days: $MU had arguably the greatest earnings report we’ve seen in years. $NVDA projected $1T in revenue by the end of 2027 while providing very bullish commentary. Market didn’t care. Something to be cognizant of in the days and weeks ahead, is good news good enough?

The hardest part of building something on the side isn't the work. It's the guilt. You feel guilty working on it because you should be with your family. You feel guilty being with your family because you should be working on it. There's no clean answer. You just do your best and stop pretending there's a version where you feel perfectly balanced.

At current pace of technology, companies can no longer survive through purely incremental improvement, u either choose to disrupt or be disrupted.

The MAX pain trade is to slowly grind this market lower for the next 18 months. $SPY

If you think the Strait of Hormuz or private credit-the two things everyone on X is talking about, will derail the market, you’re wrong. Financials have already been hit hard. Software has been hit. Big tech has been hit. Credit and private equity too. What everyone is talking about is already priced. If there’s another leg lower, it’ll come from something no one is focused on. That’s how markets work.

$FCX STAGE 2 ADVANCING ✅ OVERSOLD BOUNCE SETUP • Stage 2 confirmed — price above rising 150 & 200 SMA • +102% off 52-week low — powerful uptrend intact • $83.5 Billion copper pure-play electrification/AI infrastructure demand • Fwd P/E 15.8x — reasonable for commodity cyclical • RSI 25 — deeply oversold. This is EXTREME • MACD bearish crossover — momentum fading • -15.6% off 52-week high — sharp pullback • Beta 1.44 — moves hard both ways • Thesis - This is a pullback within a Stage 2 uptrend, not a breakdown. RSI at 25 on a stock with rising 150/200 SMA is a textbook oversold bounce setup. - Copper fundamentals (structural deficit, EV/grid/AI demand) support the long case. - KEY LEVEL: $55 (150 SMA) = make or break - TARGET. : $65-68 (prior high retest) STOP: Close below 200 SMA (~$50)

Anthropic is growing revenue at 10x per year. OpenAI at 3.4x. The crossover point is the middle of this year. Agents are monetizing faster than chatbots.

You must play dumb. Ask dumb questions, request clarifications. Never show your intelligence outright. Force the others to overexplain and gather intel. Few understand: high intelligence is always perceived as a threat.

this is what people don’t understand about Elon Musk

placebo proves your entire life is just a function of your beliefs. you can bend reality however you want if you really tried. it's all malleable.

Order requires continuous energy input. Stop investing energy and entropy takes over. No exceptions. Every edge, every business, every relationship decays without maintenance. The 2nd Law doesn't ask permission. The cost of maintenance isn't overhead. It's the price of existence.

Last week we saw the largest one week drop in Asset Managers’ net positioning (by dollar value) since the Covid crash. @SubuTrade

Just add data center catalyst. $DELL v. $SMCI

Wall Street chases what a company SAYS it earned. Buffett studies what a company actually HAS. The same principle applies to people: stop listening to their theories and look at their FACTS ... A Biz man who's Biz is failing always has fascinating theories ... but his balance sheet shows facts @SJosephBurns ❤️🍀👽

@CarolinAramburo Wow… No amount of AI can fix our subconscious standard for us. This is the real work.

Your bank account is a PRINTOUT of your subconscious beliefs about your worth. You can study every Theory..📚 But if your subconscious STANDARD is set to "just enough to survive"; you will unconsciously sabotage every breakthrough until it matches what feels FAMILIAR. The real work isn't financial. It's existential. And changing it? That's not a good strategy. That's a real EVOLUTION ❤️👽 @TheApexLeader is a powerful Follow