I expect a shift from the current deficit regime toward what I call “Massive Magnificent Deficits.” 1
This pullback is a necessary reset. When everyone is already invested and bullish, there are no buyers left. These fear-driven pullbacks create new entry points in a macro bull market, and I am confident we haven’t reached the top of the AI bull cycle yet. 5
Markets price in the future while the economy reflects the past. The current price action is simply the market front-running future expectations, similar to how it typically recovers before a recession actually ends. 9
We have navigated through the volatility blowout and breadth triggers; we are now likely entering the phase of clearing positioning and sentiment hurdles. 23
Public interest in geopolitical risks, specifically the Strait of Hormuz, is spiking in a way that resembles penny stock search patterns. 18
I am watching the S&P 500 support closely at 6000-6100. If that fails, the ultimate bottom level sits at 5900. 15
The market has gone 14 trading days without a single day where stocks closed higher than they opened—a streak that exceeds what we saw during the 2025 tariffs, the 2022 bear market, and even the Global Financial Crisis. 13
History suggests that red years for the SPX are extremely rare, occurring only twice since 1941 (1973-1974 and 2000-2002). On average, the total return following a red year is a staggering +25.8%. 27
Old-school on-chain models indicate a BTC bottom is likely between 46k-54k. Capital has been exiting Bitcoin since November, though the CVDD Floor Model—which climbs over time—currently sits at 45.5k. 6
The correction in Samsung Electronics and SK Hynix (down 3.9% and 5.6% respectively) stems from D5 16G spot prices peaking on March 19. 22
Tesla appears to be phasing out safety drivers for its Robotaxi service. Real-world tests show empty vehicles successfully completing 2.5-mile trips for a $6.5 fare, despite trackers still indicating the presence of a safety driver. 26