$VIX currently at a support that has not been breached in 2026.
Each time we came down into this zone, $VIX bottomed.
So logically, if it took an extreme historical short term parabolic rally by some of the $MAGS to beat $VIX down to this low point,
it's going to be extreme hard for $VIX to break this major support as it will require some of the $MAGS to push beyond extreme limits.
Probabilities favor a big $VIX rally soon.
Morgan Stanley is telling you exactly where the market is going.
What they're upgrading:
1. $STX Seagate: PT raised 35% to $1,035
2. $WDC Western Digital: PT raised 33% to $650
3. $RACE Ferrari: upgraded to Overweight
4. $DDOG Datadog: upgraded to Overweight
5. $GOOGL Alphabet: PT raised to $415
6. $UNH UnitedHealth: PT raised to $468
7. $GRND Grindr: upgraded to Overweight
8. $USB US Bancorp: PT raised to $67
9. $PNC PNC Financial: PT raised to $278
10. $EWBC East West Bancorp: PT raised to $131
11. $PB Prosperity Banc: PT raised to $85
What they're cutting:
1. $ACN Accenture: downgraded, PT slashed 26% to $177
2. $AFRM Affirm: downgraded
3. $RMD ResMed: downgraded
4. $ARE Alexandria RE: downgraded to Underweight
5. $STZ Constellation Brands: PT cut to $158
6. $HTZ Hertz: PT cut to $3.50
This is what they're doing:
1. They continue to believe in AI storage. Seagate and Western Digital got the biggest PT raises from a major bank this quarter. Data centers need hard drives. Morgan Stanley sees the shortage still.
2. Financials are getting loaded up. Four bank PT raises in one week: USB, PNC, EWBC, PB. They see loan growth and net interest margins expanding in the back half of the year.
3. IT services are rolling over. Accenture downgraded because AI spending is crowding out traditional consulting budgets. That's structural, not cyclical.
4. Real estate is out. Three REIT downgrades in one week. Occupancy and lab space demand weakening.
Morgan Stanley is telling you: own AI infrastructure, own financials, own healthcare. Stay away from IT services and commercial real estate.
It’s hilarious to think people trust cash over gold, silver, bitcoin, and stocks. All of the latter are “risky”. Let me tell you fam, your dollar has been basically cut in half since 2020. It isn’t coming back! However gold, silver, bitcoin, SP500 have went parabolic since then.
The first trillionaire in human history
- Elon Musk
- Born in South Africa
- Bullied relentlessly as a kid
- Immigrated to North America
- Arrived with a backpack and a dream
- Built Zip2 with his brother
- Sold it 4 years later for $300 million
- Co-founded PayPal with the profits
- Revolutionised digital payments
- Sold PayPal to eBay for $1.5 billion
- Bet everything on Tesla and SpaceX
- Got mocked for electric cars
- Got laughed at for reusable rockets
- Nearly went bankrupt in 2008
- Kept building anyway
- Turned Tesla into the world’s most valuable automaker
- Made EVs mainstream and transformed the automotive industry
- Made reusable rockets a reality
- Reduced the cost of reaching space by 95%
- Sparked the modern commercial space race
- Built Starlink and connected millions around the world to high-speed internet
- Turned SpaceX into the most valuable private company in history
- Bought Twitter for $44 billion
- The world said he overpaid
- He was called reckless, stupid & crazy
- Advertisers fled, media declared it dead
- Critics called it the worst acquisition in tech history
- Renamed it 𝕏
- Rebuilt the platform anyway
- Turned it into one of the most influential platforms on Earth
- Launched xAI and accelerated the global AI race
- Sent astronauts to space
- Is trying to get humans to mars
- Created millions of jobs
- Generated hundreds of billions in value
- Inspired an entire generation of builders
Before:
- Failed repeatedly
- Worked insane hours
- Slept in factories and offices
- Got bullied, laughed at and mocked
- Constantly told “it’s impossible”
- Kept building anyway
- Made it possible
Today:
- Richest person on Earth
- First trillionaire in human history
- Largest IPO in history $1.77 trillion
Most people quit when the world laughs at them.
Elon Musk built the future instead.
Love him or hate him…
Nobody has changed more industries in a single lifetime.
Payments. Cars. Energy. Space. Social Media. Communications. AI.
History won’t remember the people who said it couldn’t be done.
It will remember the people who did it anyway.
Congratulations Elon.
The first trillionaire. 🚀