Original Viewpoint Summary

📈 Market Regime & Index Momentum

• Dip-buying is still working. The tape remains a shallow-dip environment: patience beat panic yesterday, and the rebound flipped positions back to bright green today. Panic-selling still has negative edge here. 1

• $SPX only needs to close above 7,580.06 tomorrow to log the longest weekly winning streak since 1985. Momentum still looks strong enough to get there. 2

🤖 AI Semis & Infrastructure

• $AVGO is becoming a core AI infrastructure tollbooth. Semiconductor Solutions revenue grew 79% YoY, driven by hyperscalers building custom AI inference chips. $GOOGL, $META, OpenAI, and Anthropic all want more control of the AI inference chip layer, and Broadcom is positioned as the enabler behind that shift. 3

• $AVGO has a strong setup in custom AI silicon because it combines IP, packaging expertise, and networking. If $GOOGL, $META, OpenAI, or Anthropic want to build their own inference chips, Broadcom is one of the first calls. 4

• $CRWD and $AVGO gap-downs did real technical damage to bulls. The issue is not just a red day; gap-down structure changes the risk/reward and creates overhead supply. 5

₿ Crypto & Ethereum Equity Plays

• $BMNR’s new 9.5% preferred offering looks like dry powder for its ETH strategy. The core chain is simple: raise capital → potentially buy more $ETH → expand staking/validators → strengthen the treasury → become a larger public-market Ethereum play. 6

• Bitcoin is 49% below its peak, but that is not abnormal for the asset. Prior drawdowns were 2018: -83% and 2022: -77%. The real question is not liking the upside; it is surviving the volatility path. 7

• $BTC has started diverging from $IGV software after a period where the two had a fairly reliable “game of tag.” That break in correlation is worth tracking because it may signal changing leadership or liquidity rotation. 8

🧠 Stock Selection, Valuation & Risk Control

• Tesla is treated as the only company worth holding despite an unreasonable PE. Palantir is still acceptable because its PE is high but its PEG is below 1, making the valuation internally defensible. MRVL may grow into its PE, but many companies offer faster growth, lower PE, and higher certainty, so taking extra risk there is unnecessary. 9

📊 Tactical Setups & Technical Levels

• $RDDT remains a strong swing setup after the dip. The market “came to its senses,” and the pullback created a clean entry rather than a breakdown. 10

• $RDDT hit $187 highs today, and insiders appear to have nailed the lows. That adds weight to the idea that the recent weakness was accumulation rather than distribution. 11

• $COST has a constructive tactical setup if the gap holds and price reclaims the 10ema daily. The 15% sales growth for May is acting as the catalyst behind today’s trade. 12

• $CRK is still basing near recent lows. A move and hold above the 10ema / 21ma would turn it from a watchlist name into a more actionable setup. 13