💡 Tech & AI Deals

  • OpenAI and Nvidia ($NVDA) ~$100 billion deal talks hit a wall. Nvidia’s Jensen Huang has privately slammed OpenAI’s business strategy, showing skepticism due to perceived lack of discipline and mounting competition from Google and Anthropic. 2017385342987604341 2017386240811930098 2017388119377711225

📈 Precious Metals Outlook

  • Silver endured an insane -35% intraday plunge, the largest ever, yet still closed the month up +19%, marking 9-straight months in the green. This shows extreme volatility and underlying resilience. 2017380807560859952
  • A violent rally in Silver and Gold is brewing for next week. Markets tend to frustrate the majority. 2017391194762867108
  • The Silver ($SLV) run is over, resembling prior bubble tops. 2017396363617612060
  • A Silver bottom near ~$50–70/oz looks plausible, setting up the next leg higher. Miners remain deeply undervalued, even in this scenario. 2017407211123949871

📊 Equity Market Dynamics

  • Oracle’s sideways chop is perplexing. It could be caught in the SaaS short basket or awaiting Blackwell-trained LLM releases. Existing explanations fall short. 2017380055626957294
  • February is historically a “spooky” month for $SPX, turning red in 5 of the last 7 instances. After recent crypto carnage, a metals hit could follow, suggesting equities need a breather. 2017387893472518269
  • Western Digital ($WDC) Q2 2026 earnings were solid, yet SNDK and rivals crushed it. WDC is losing the beauty contest, implying a patient wait-and-see. 2017388668835787257
  • VIX is on a 6-day rip, its best in 4+ years, pointing to a potential explosive move. 2017395862775992443

🔗 Crypto Correlation

  • Bitcoin ($BTC) and Nasdaq 100 ($QQQ) are on a collision course. A sustained divergence where QQQ climbs while Bitcoin fades is unsustainable. 2017389184617795962