2026 has been a brutal deleveraging grind across nearly every risk asset—fintech names like $HOOD, $SOFI, $SHOP got hammered. $PLTR got cut in half before bouncing. Software plays like $NOW took serious damage in H1. $TSLA dropped to $300, which gave everyone permission to call for $100.
People have been terrified of #Bitcoin and #Ethereum all year. #Gold and #Silver—despite multi-year runs—kept getting sold. AI stocks got crushed last month and are still trying to find a floor after most gave up.
Hang Seng had stellar 2024-2025, then fell apart in 2026. Small caps ($IWM) got destroyed after running hot early in the year.
$NVDA might be the final shoe to drop before this correction ends.
Meanwhile, ISM manufacturing PMI and the copper/gold ratio are quietly signaling economic expansion since early 2026. It's almost like the market wanted to destroy everything, flush out leverage, and reset positioning before a proper run into 2027 and beyond.
If you believe the macro signals over the price action, this could be the setup.
People have been terrified of #Bitcoin and #Ethereum all year. #Gold and #Silver—despite multi-year runs—kept getting sold. AI stocks got crushed last month and are still trying to find a floor after most gave up.
Hang Seng had stellar 2024-2025, then fell apart in 2026. Small caps ($IWM) got destroyed after running hot early in the year.
$NVDA might be the final shoe to drop before this correction ends.
Meanwhile, ISM manufacturing PMI and the copper/gold ratio are quietly signaling economic expansion since early 2026. It's almost like the market wanted to destroy everything, flush out leverage, and reset positioning before a proper run into 2027 and beyond.
If you believe the macro signals over the price action, this could be the setup.