This is your EVERYTHING AI TECH BUBBLE
Every day (live for clients) I assess the backdrop (from macro to micro) for the three-legs of my volatility table (because if one gives sway, the others quickly follow):
FX Volatility
Treasury Volatility
Equity Volatility
As long as there is none, I tell clients it’s still a case of “stay calm and carry on”. I like boring and profitable. I hate personal or financial drama. I love to size up macro event risk to keep clients informed while keeping them on the right side of the trade.
I sized up & alerted clients on policy intervention off April 9th low; alerted April 23rd with trend reversal confirmation higher; “warned” about potential of May 12th gap up before it gapped up… and so on and so forth all along the way, so it’s not a big surprise that I also STILL see 6666 with potential meltup above - given ALL my intermarket (which I reviewed live for clients this morning) and given ALL I’ve posted past few months on ALL GAS, NO BRAKES meets ALL CUTS, NO INFLATION meets ALL BUYERS, NO SELLERS.
Nothing has changed. Except… Monday morning I did spy: