EoW thoughts. Bears have a pitch here. High beta vs low vol broken trend. Semis below key MAs. A news flow that continues to dump all rallies. But...
...given the fact that they've missed fat pitch after fat pitch - war, tariffs, yields and now ai jitters - I'm reluctant to buy into the idea that this time is somehow different.
Maybe I'm wrong. But until we see last week's low on $SPYB and $QQQ broken, and the Q3 low on $BTC pierced, I'm remaining cautiously optimistic here.
...given the fact that they've missed fat pitch after fat pitch - war, tariffs, yields and now ai jitters - I'm reluctant to buy into the idea that this time is somehow different.
Maybe I'm wrong. But until we see last week's low on $SPYB and $QQQ broken, and the Q3 low on $BTC pierced, I'm remaining cautiously optimistic here.