Trading Apologist

Macro-minded & chart-obsessed, my focus is swing trading disruptive assets & capitalizing on big-picture trends. Trade alerts, tools, & education via Patreon.

[Trading Apologist @TradeApologist]

BIG MARKET UPDATE: Broadcom disappointed, crypto crashed, and South Korea's KOSPI just lost 6% at it's open. Megacap tech weakness is spreading into semiconductors, and could set a local top.
https://t.co/YnlgIXzigs

[Trading Apologist @TradeApologist]

Never a dull moment…

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says he is going to call Israeli Prime Minister Netanyahu and "tell him not to strike Iran back," per Axios.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says the US and Iran are "close to a deal" as a third wave Iranian ballistic missiles is fired toward Israel, per Fox News.

[Trading Apologist @TradeApologist]

Countering market fears. The truth is usually somewhere in the middle.

[Shay Boloor @StockSavvyShay]

$NVDA CEO Jensen Huang says he expects the memory shortage to last several more years.

HBM uses far more wafer capacity than regular DRAM and depends on advanced packaging so even $MU, Samsung and SK Hynix cannot fix supply just by adding more wafers.

[Trading Apologist @TradeApologist]

Here we go again 😵‍💫

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Israel says Iran has launched a wave of ballistic missiles toward Israel moments ago.

This marks the first Iranian attack on Israel since the ceasefire agreement began on April 8th.

[Trading Apologist @TradeApologist]

BIG MARKET & CYCLE UPDATE:

The Nasdaq just dropped 4% and the VIX spiked 39% in one session — one of the rarest combinations in market history. In 21 of the last 23 times this happened, the S&P 500 was higher one month later. The data says this is a flush, not a collapse.

https://t.co/XocHz1GrFO

[Bluekurtic Market Insights @Bluekurtic]

For the 160th time in its history, Nasdaq 100 may close down over 4% in a single day. A 1.5% probability event.

When this happened near highs, forward returns are better than one might fear, though not without volatility.

Median drawdown over next 3 months was 12%. $QQQ $SPY

[Trading Apologist @TradeApologist]

A breakdown of the factors weighing on markets today: https://t.co/PB7L5my5V1

$SPX $NDX $QQQ $DXY $BTC $SMH

[Trading Apologist @TradeApologist]

The reason for the ZEC dump today.

[Coin Bureau @coinbureau]

🚨LATEST: Zcash is DOWN -27% today after multiple reports allege Claude Opus 4.8 uncovered a critical ZEC bug.

Sources say white hats have patched the vulnerability, though the network offers no clear way to verify whether it was previously exploited.

[Trading Apologist @TradeApologist]

This is what happens when things get frothy and everyone is playing with leverage…

[Bull Theory @BullTheoryio]

BREAKING: Over ₩503,700,000,000,000 ($345 BILLION) wiped out from South Korea's stock market as KOSPI dumps -6.9%.

[Trading Apologist @TradeApologist]

@Brockbikerun @Gubloinvestor Ha! Thanks 🙏 Now I just need to start posting the good stuff on X instead of Patreon & Discord 😅

[Trading Apologist @TradeApologist]

One good thing from the dumpster fire that was yesterday‘s earnings call presentation… 🫣

[The Transcript @TheTranscript_]

$AVGO CEO Hock explicitly says demand from Anthropic and OpenAI alone is far above what Broadcom expected six months ago:

"We're talking about capacity as measured by gigawatt power that are way ahead of what we have expected, say, six months ago."

[Bull Theory @BullTheoryio]

🚨 INDIA MAY HAVE JUST WITNESSED ONE OF ITS BIGGEST ACCOUNTING FRAUDS EVER.

SEBI alleges that Rajesh Exports, one of India's most well known gold companies and a Fortune Global 500 firm, faked $158 billion in revenue, 99.8% of everything it ever claimed to earn over the last 5 years.

Rajesh Exports owns a Swiss gold refiner called Valcambi SA through overseas subsidiaries.

The parent company booked the full value of refined gold as its own revenue, even though it never owned the gold. It only held it temporarily for refining on behalf of customers.

Valcambi's own audited financials show it generated less than 0.5% of what Rajesh Exports was claiming as group revenue.

When SEBI asked for subsidiary financial records, Rajesh Exports repeatedly refused, citing Swiss privacy laws. SEBI is legally authorised under those same laws to request the records.

SEBI also found $1.3 billion in recorded transactions with a firm called Affluence Shares and Stocks.

Affluence told SEBI directly that Rajesh Exports was never its client, no agreement existed, and no trades were ever executed.

SEBI alleged those entries were fabricated to match gold derivative trades the owner was running through his personal account using company funds transferred without board approval.

Owner Rajesh Mehta has been banned from all securities market activity and a forensic audit has been ordered.

LIC, India's largest state insurer, owns 10.8% of the company.

The company has denied all charges and plans to contest the order.

[The Kobeissi Letter @KobeissiLetter]

The most costly trade of the last 12 months was investing in crypto over AI.

Will that change?

[Shay Boloor @StockSavvyShay]

Databricks CEO Ali Ghodsi says the company will go public eventually but 2026 is a “terrible year to go public.”

[The Kobeissi Letter @KobeissiLetter]

It's official.

MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion.

In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position.

By comparison, the S&P 500 is up +116% over this same timeframe.

Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value.

This puts MicroStrategy's stock, $MSTR, down -77% since its record high.

Bear market is an understatement.

[The Kobeissi Letter @KobeissiLetter]

Chinese investors are dumping Hong Kong stocks at a record pace:

Hong Kong equity ETFs listed in China posted a record -$3.7 billion in outflows last week, the largest weekly outflow on record.

This marks the 5th consecutive weekly outflow and the 10th over the last 12 weeks.

By comparison, Hong Kong stock ETFs saw 11 weekly outflows during the entire 2025.

Capital is rotating into China-listed semiconductor and AI-linked stocks, which investors view as more direct beneficiaries of the AI boom.

Even a +10% surge in Tencent on Tuesday failed to stop the outflows, with mainland Chinese investors using the rally as an opportunity to exit ~$268 million worth of its shares during the same day.

Chinese investors are turning away from Hong Kong.

[Charlie Bilello @charliebilello]

On a rolling 5-year basis, US stocks have outperformed International stocks for more than 15 years.

This is the longest run of US outperformance in history.

[Trading Apologist @TradeApologist]

My thoughts exactly. A small investment in media training could have saved a lot of market cap 😬🫠

[GURGAVIN @gurgavin]

TODAY BROADCOM A $2 TRILLION DOLLAR COMPANY REPORTED Q2 2026 EARNINGS

CEO OPENED THE CALL READING LAST YEAR’S Q2 2025 NUMBERS

STOCK IS DOWN ~15% AFTER HOURS

HOW DOES THIS HAPPEN AT A $2 TRILLION COMPANY

$AVGO

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US House of Representatives has voted to restrict President Trump’s ability to continue the Iran War without congressional approval.

The measure passed in a 215 to 208 vote, with four Republicans joining Democrats in support.