6500 Could Be the Last Dance
Volume 148 - The Week Ahead
Bonsoir du sud,`
My two largest positions performed great last week… AAPL +13.3% and META +2.57%. My Summer of Rippy QQQ 540 calls for 8/15 from 12 are now trading 36. The Phase 2 basket still performs well, while still offering an attractive entry point (find in the link below).
AI's Phase II: The Stealth Bull Market
Bull markets climb a wall of worry, built brick by brick by scepticism. The steeper the wall, the higher the climb.
And it’s not just the trades. The Gazette just crossed 1,050 paid subscribers and is closing in on 15,500 free readers, the fastest growth it’s ever had.
But here’s the twist: for the first time in months, the tape is starting to look like the conditions I’ve seen before big market breaks. Hedge funds cutting risk, systematic demand fading a little, liquidity thinning… all at all-time highs.
This is the kind of backdrop where tops are made. And with one key level now in sight, I’m thinking hard about what comes next.