$SPY All this panic, fear, FUD, and chaos… and $NVDA hasn’t even broken down yet.
What do you think happens once the largest stock finally rolls over and pulls its entire sector down with it the same sector that’s been propping up this market?
I’ve been saying this for weeks, and I’ll continue to say it
A lifetime opportunity is approaching.
Good time to dust off the Chart of Fears.
Yes, what is happening now is confusing and scary.
But we've seen many other times like this and stocks have always moved from bottom left to upper right.
Since 2003, there have been only 5 occurrences where $QQQ gapped up >0.35% for 4+ consecutive days while also closing higher each day. The current sequence (Oct 24-29, 2025) is the 5th occurrence. Historically, all 4 previous instances resulted in pullbacks averaging -2.83% over the following 3 trading days, with declines ranging from -1.50% to -3.73%. Im short /NQ.
Can we talk about how fucking insane it is to be a C-Suite executive at a public company and casually drop that you hit your revenue target for the quarter and THEN a 2027 revenue guide in a fucking TikTik video to some broccoli-haired Zoomer?
Wall Street are estimating $TSLA's Q2 EPS to be $0.55.
I hope they don't change it because Tesla will EASILY beat this!
Stock over $300 here we come!
NFA
I raised a few of my targets in my just released 3rd Qtr letter. I raised my Nasdaq Comp target from 23,000 to 24,000. I left my other index targets unchanged so S&P 7000,DJIA 55,000 & RUT 3300. I also raised my QQQ target from 600 to 650 & my SMH target from 300 to 400.