⚡️ Market Technicals & Sentiment

$INTC: Heavy call buying on April 60 and May 60 strikes since Christmas indicates strong bullish conviction 1.
Big Tech: $META, $MSFT, $AAPL, $NVDA, $TSLA, $AMZN trade below 50dma. $META, $MSFT also below 200dma. $GOOG holds above 50dma. This setup is “healthy” 4.
$AAPL: Daily RSI hit 18, a low not seen since the 2008 GFC 7.
Gap Downs: Despite historical 2/3rds resolution higher for >1% gap downs, today’s conditions (gap down, then selling past -2% within 5% of recent high) suggest a different outcome. Previous instances: 5/13/2019, 2/24/2020, 2/13/2024, 1/20/2026 9.
January 2026 feels like January 2025 11.

💰 Crypto & Macro Insights

$BTC: Bears are bloodthirsty. Bulls must mount a defense now 5.
$BTC vs. $GLD: If the measured move is half-complete, $BTC will further underperform Gold 10.
Geopolitics: US will NOT take a part of Greenland 6.

Ryanair / Elon Musk: Elon Musk is likely planning a hostile takeover of Ryanair to fire the CEO 2. Ryanair’s current behavior is seen as “over the top” 3.
AeroVironment ($AVAV): The U.S. Department of War issued a “Stop Work Order” for AVAV’s BADGER phased array antenna system (SCAR project). Contract terms are being renegotiated from cost-plus to fixed-price, impacting FY 2026 revenue 8.