...a test of the 200 DMA (-22% for SOXX) is a fairly likely outcome, but not one many tech investors are prepared for...

"He [Fauci] funded Ralph Baric to develop a technique called seamless ligation. And that is a technique for hiding the engineering project."

...markets are skating on thin ice

"Based on the information provided by the SpaceX prospectus dated 12 June 2026, we calculate that 912m..." 

 

When confidence erodes, collateral suddenly matters again...

...a catalyst-heavy week is creating a lack of willingness to play any offense...

The case that this narrative experiences a serious “hiccup” is growing.

Hard to ignore the correlation between equity funding rates and levered ETF AUM...

They are fighting every way they can to keep the cheating going...

Though still not pricing a stagflationary event, current pricing/factors are becoming less benign for risk assets...

BlackRock thinks Bitcoin and other crypto networks have the upper hand when facing the threat of quantum computers...

Positioning and leverage in US equity markets remains elevated, amplifying risks of a deeper drop if selling gathers pace...

Wall Street de-risked tech. China didn't. Instead, it launched a $500bn DRAM champion and appears to have started producing domestic DUV lithography systems. The AI trade may have entered a very different phase.

...and Netanyahu telling him to pump the brakes on pushing US into Lebanon

As the NAND trade wobbles on the back of declines in spot prices, concerns about the cyclical nature of other AI components are getting repriced as companies embark on a competitive capex spree.

As more and more of the financial world steps off the ever-turning carousel of market news and disappears towards sunnier shores, an extremely busy global week lies ahead...

President Trump’s threats of ‘massive attack’ late last week that saw Brent crude surge above $100/bbl, higher bond yields, and equities under pressure has now given way to a massive relax, with Brent below $92/bbl...

"It was just pure chaos."