On Camera, Peter Daszak Admitted the Wuhan Lab Was Genetically Creating "Killer Super Coronaviruses" to Sell Vaccines. US Taxpayer Money Funded It.
That's not an allegation. It's on video.
A Biden administration official saw it and documented it. Tulsi Gabbard's declassified documents confirm the CIA warned Fauci about a Wuhan lab accident in late 2019 where lab workers were infected. Fauci then went on television and pushed the wet market theory. ABC, NBC, CBS, CNN, and MSNBC have effectively blacked out this story. Only Fox and independent media are carrying it.
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Courtesy of Fox Business @FoxBusiness, The Evening Edit @EveningEdit, Liz MacDonald @LizMacDonaldFOX
📺 The Bull Market's Biggest Warning Sign Right Now
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@ConnorJBates_ notes that the market remains in a constructive uptrend, with all major indexes still holding above their 21-, 50-, and 200-day MAs.
Small-caps $IWM, mid-caps $MDY, and equal-weight index $RSP continue to show resilience, suggesting healthy participation beneath the surface despite the choppy summer trading environment.
BUT there is one warning sign investors shouldn't ignore: the Magnificent Seven. $AMZN $GOOGL $META $MSFT
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While $SPX and $QQQ remain near their highs, mega-cap technology has been noticeably weak.
$MAGS is now breaking below its 200-day moving average, raising an important question: how long can the broader market stay elevated if its largest and most influential stocks continue to struggle?
There are two ways to interpret this divergence.
1. The bullish view is that the market's ability to hold up despite weakness in mega-cap tech is actually a sign of strength.
Leadership has broadened into small caps, mid caps, industrials, and other sectors. If the Mag 7 eventually joins the rally, the major indexes could have enough fuel to push to fresh all-time highs.
2. The bearish view is that the market is losing one of its most important engines. If large-cap technology remains under pressure, the indexes may eventually struggle to maintain their current levels.
What looks like healthy consolidation today could become a more meaningful topping process if leadership continues to deteriorate.
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Elsewhere, volatility remains contained with the $VIX below 18, but several macro developments deserve attention.
The U.S. dollar $DXY appears to be breaking out from a major base, a move that has coincided with continued weakness in #gold $GLD and #silver $SLV.
Treasury #bonds have also struggled to gain traction, raising the possibility that #yields could begin moving higher again. $TLT $TYX $TNX
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This week could provide important answers.
Micron $MU earnings after Wednesday's close will offer insight into semiconductor and AI demand trends, while Thursday's PCE inflation report is the key economic release investors are watching.
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Meanwhile, we see space-related stocks continue to struggle following the excitement surrounding the #SpaceX IPO.
The sector has experienced significant distribution, with many names $ASTS $RKLB selling off sharply as early enthusiasm faded.
$SPCX itself has fallen substantially from its highs and is now trading near its IPO price, meaning many investors who bought shortly after the debut are either back to break-even or sitting on modest losses.
That's why we don't buy IPOs – https://t.co/p5ebTN7wxe.
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On the portfolio front, several tactical adjustments were made across our flagship portfolios.
In Grotection, $HOOD was bought, added to $FTNT, and $DOCN was sold.
We also did trims in $BE and $CRDO after strong advances, reflecting a disciplined approach to taking profits.
Meanwhile, in Turbotection, we added $NOK and increased its position in $FROG while exiting $WOLF.
These moves reflect ongoing portfolio management focused on rotating capital toward stronger opportunities while reducing exposure where risk-reward has become less favorable.
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So, for now, the trend remains intact, and there is little evidence of broad market stress.
But as the market consolidates near highs, the biggest question is whether the Mags can stabilize and rejoin the advance.
If they do, new highs may be ahead. If they don't, this divergence could become the bull market's biggest warning sign.
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Watch this Short video where we break it all down in detail 🔽
📺 The Market Didn't Like What Warsh Said – Time To Hedge?
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@ConnorJBates_ notes that a hawkish tilt from the Fed sparked a broad sell-off into the close, pushing $SPX back below its 8/21-day moving averages after a strong three-day rally.
The key question now is whether this is simply a healthy pullback that forms a higher low, or the beginning of a larger rollover after failing to hold above 7,500.
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While $SPY weakened, the broader picture remains mixed. Most major indexes, including $QQQ, $DIA, $IWM, and Mid-Caps $MDY, remain above their 50-day and 200-day moving averages.
Small caps $IWM actually held up better than many expected despite the hawkish shift, suggesting this may still be a normal digestion of gains rather than the start of a major correction.
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One of the most important developments came outside of equities.
The U.S. Dollar $DXY appears to be breaking out of a massive base that has been forming for nearly a year.
If that breakout holds, it could have major implications across asset classes.
#Gold $GLD was rejected at its 21-day EMA, gold miners $GDX failed at their 50/200-day moving averages, and #silver $SLV is showing signs of breaking down from a large trading range.
A stronger dollar continues to pressure metals and other inflation-sensitive assets.
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Volatility also returned. $VIX jumped nearly 13% and moved back above 18, reflecting growing uncertainty as investors digest the Fed’s updated outlook.
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The bigger concern is the policy path.
The Fed’s latest projections now imply no rate cuts in 2026; roughly half of FOMC members see one or more rate hikes by year-end, and inflation forecasts (Headline PCE inflation and Core PCE inflation) were revised higher, too.
That reinforces the higher-for-longer narrative that markets have been trying to avoid.
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In response, our portfolio changes became more defensive.
Positions were trimmed in $LLY and $SNOW, $CSCO, and $FLNC, and $VIAV were sold, and exposure was added only to $INTC, $MRVL, and $LABU, where we see specific opportunities.
We also initiated a hedge through $SPXS.
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So, the medium-term trend remains intact, but the short-term picture has become more challenging.
With the dollar strengthening, volatility rising, and rate-cut expectations fading, risk management is becoming increasingly important right now.
Learn how @RevereAsset can help you navigate this period ▶️https://t.co/16JVeFNbbB
📺 All Eyes On Warsh Today: Can The Rally Survive The Fed?
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@toddmichael70 notes that the market remains in an uptrend, but beneath the surface, the story is getting a bit complicated.
After reclaiming the 21-day EMA for two straight sessions, the short-term trend was upgraded back to bullish.
However, leadership remains neutral, as many of the market’s biggest AI winners, particularly in the optical $AAOI $LITE $CIEN and semiconductor $SMH $SOXX spaces, were hit by heavy selling on Tuesday.
Tech and semis gave back most of Monday’s gains.
That divergence is becoming one of the most important themes in the market right now.
Instead of broad-based momentum, investors are rotating between sectors.
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$SPX remains above the critical 7,500 level and is currently trading between its 21-day moving average and all-time highs, suggesting consolidation rather than a breakdown.
Small-caps $IWM and equal-weight index $RSP also pulled back, while volatility remained remarkably subdued. $VIX closed near 16, showing little sign of panic despite the weakness in growth stocks.
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Meanwhile, the bond market continues to provide support.
Treasury prices rallied again as #yields fell across the curve. $TLT
The 20-year Treasury auction saw strong demand, the 30-year yield $TYX fell to its lowest level since early May, and the 10-year yield $TNX continued moving lower.
Falling yields, easing #crudeoil prices, and steady financial conditions remain constructive for risk assets.
#Gold $GLD continues to consolidate near its 200-day moving average after recovering from last week’s undercut, while #silver remains technically stronger after reclaiming and holding above its own 200-day moving average.
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Market breadth indicators remain neutral, with roughly 60% of S&P 500 and Nasdaq stocks trading above their 5-day moving averages.
Sentiment also remains cautious, with the Fear & Greed Index still sitting in fear territory despite major indexes remaining near record highs.
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On the portfolio side, several new positions were added despite the market's pullback, reflecting our willingness to selectively increase exposure in areas tied to cloud infrastructure, AI, software, and digital assets.
New purchases included $WGMI (Neocloud ETF), $BE, $INTC, $SNOW, $WULF, $FROG, $FLNC, and $DDOG, while the position in $GH was sold.
The changes suggest a strategy of rotating into names that have pulled back or are showing attractive risk/reward setups, while maintaining confidence in longer-term growth themes even as AI leadership experiences near-term volatility.
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Now all eyes turn to Kevin Warsh and his first FOMC meeting today.
Investors are less focused on whether rates change and more focused on what Warsh says about inflation, growth, financial conditions, and future policy.
With the market still in an uptrend but leadership showing cracks, his tone could determine whether this rally resumes its advance or enters a deeper consolidation phase.
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Watch this Short video where we break it all down in detail 🔽
📺 New Highs Everywhere — What Investors Are Missing
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@dvandenbord notes that the market continues to do exactly what bulls want to see.
Since the April 8 follow-through day, the trend has remained firmly intact, with all major indexes trading above their key 21-, 50-, and 200-day moving averages.
We have a "four green arrows" environment (as per our Trend Gauge) where leadership is strong, and risk remains rewarded.
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While many investors continue searching for reasons to be cautious, the market keeps making new highs.
$SPX has now logged nine consecutive up days and six straight all-time highs.
$QQQ, Dow Jones $DIA, Equal Weight S&P 500 $RSP, and Mid-Caps $MDY are also pushing to record levels.
Even $IWM, while not at fresh highs, remains healthy and above its short-term trend support.
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What investors may be missing is how concentrated the leadership remains.
The AI trade continues to be the dominant force driving the market higher.
The @RevereAsset AI 100 Index, launched recently to track AI-related leadership, has already gained more than 10% in just six trading sessions.
Money continues to flow aggressively into AI names, and there is currently little evidence that the trend has run its course.
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Volatility is also providing a favorable backdrop. The $VIX remains below 16, keeping daily market swings relatively contained and supporting trend-following strategies.
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Outside equities, there are signs of weakness.
#Gold $GLD remains below its 21-day and 50-day moving averages, while #silver $SLV continues to struggle, and #Bitcoin $IBIT sold off sharply on Michael Saylor's news $MSTR.
Rather than showing leadership, these assets are lagging behind the strength seen in stocks.
Bond #yields have also failed to follow through on their recent breakout attempts, while bond prices have stabilized after an unsuccessful breakdown. $TLT $TNX $TYX
That leaves room for continued rotation within equities instead of creating a major headwind for risk assets.
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Our portfolio activity reflects this environment, with additions to positions such as $TSLA, $IREN, $GH, and $AEHR, while weaker names were trimmed ($MRVL was offensively trimmed after a huge run and $INTC was trimmed on weakness) or stopped out ($LABU).
Biotech looked weak yesterday, but we see an opportunity in this and bought $LLYX (2x leveraged $LLY exposure).
Overall, the focus remains on following relative strength rather than predicting a top.
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So, new highs are not bearish.
AI leadership remains strong, breadth is healthy enough to support the move, volatility is low, and bond markets are no longer sending warning signals.
Until the data changes, the path of least resistance remains higher.
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Watch this Short video where we break it all down in detail 🔽
WEEKEND REVIEW - $NVDA eps reignite leaders with Jensen stating "Demand has gone parabolic" for AI processors. Networking showed the biggest gains. Huge moves in $ARM (TURBO HOLDIGN) $RGTI, $QBTS, WATCHILST NAMES $ALAB, $CRDO, $DELL, $ENPH. Get ready for the week ahead with the current watchlist and noted actionable ideas.
📺 The Market Just Passed A Major Bullish Test
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In today's market update, @ConnorJBates_ notes that, despite some recent weakness, the broader market structure remains firmly bullish across multiple timeframes, with leadership stocks continuing to behave well.
Reclaiming the 21 EMA was important, especially for small-caps and mid-caps, which had briefly weakened during the pullback but are now recovering, while breadth is beginning to expand beyond just mega-cap tech.
That combination — leadership strength, improving participation, cooling yields, and worsening sentiment — is a highly favorable setup for continued upside.
The recent three-day decline was a healthy reset of overbought conditions, not a technical breakdown. Exactly the type of behavior expected during a “power trend.”
Importantly, $SPX never lost the 21 EMA, reclaimed the 8 EMA cleanly, and Wednesday's bounce and Thursday’s follow-through confirmed higher momentum.
We now want to see $SPX push back above the key 7,500 level, which would further confirm trend continuation.
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This broadening participation is extremely healthy because rallies become more sustainable when gains spread across more sectors and more stocks.
$RSP (equal-weight S&P 500) now looks “coiled” for a breakout above $205 from a cup-and-handle pattern.
At the same time, the Dow Jones $DIA is finally participating after lagging for weeks, mid-caps $MDY are clearing downtrend resistance, and $IWM successfully held its breakout retest and reclaimed both the 8/21 EMA.
Technology leadership remains very strong as well:
– $QQQ is having a “phenomenal” setup with a bullish flag pattern
– Mega-cap tech $MAGS reclaimed the 8 EMA and is attempting to break a downtrend line from the highs.
When mega-cap leadership remains intact, and breadth expands into equal-weight, small-caps, and cyclicals… then the rally becomes much harder to derail.
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Volatility conditions are also improving: $VIX broke below 17. Declining volatility confirms that institutional confidence remains strong.
Macro and intermarket signals are also supportive:
– $TLT (long bonds) bounced
– Yields cooled off slightly
– Lower yields helped stabilize equities after contributing to the recent pullback
Rising yields had been one of the few things “holding the market back,” so a cooldown in rates would likely support continued upside in equities.
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Other assets:
– The dollar $DXY remains weak after a breakdown below $100 and toward $95
– $GLD is stuck in “no man’s land”
– $GDX is testing the 200-day
– $SLV remains rangebound
– $IBIT is quiet, may attempt to reclaim key EMAs
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Sentiment data has been updated as well.
– AAII bulls dropped sharply to 31.7%, while AAII bears surged to 43.6%.
From a contrarian perspective, this is bullish because the market structure is improving, indexes reclaimed support, leaders remain strong, yet investor sentiment is becoming more pessimistic.
As a bull, that’s what you want to see.
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We may also see a possible Iran deal as an additional catalyst, though the news itself matters less than the market’s reaction to the news.
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In Grotection, we added protection through $UPRO hedges and trimmed $TWLO.
In Turbotection, we added to $SPYM core exposure, bought $TSLA, $INOD, and $NOK, and trimmed $ARM after an approximately 100% gain and another large two-day rally.
We are still net bullish, participating offensively, but also actively managing risk and trimming extended winners into strength.
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REVERE DAILY MARKET INSIGHT VIDEO (5-20-2026):
BY @dvandenbord
AFTER 3 DAYS DOWN, A BROAD BOUNCE
NVDA E/R AFTER HOURS
PLUS...A FULL PORTFOLIO REVIEW
$BE $ARM $GLW $NVDA $SPYM $SPXL $NBIS
LIKES & RETWEETS ARE APPRECIATED
📺 $SPX Closes Below 8 EMA For First Time Since V-Bottom – What Now?
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In today's market update, @TedHZhang notes that the broader market trend is still technically bullish, but the tone underneath the surface has changed meaningfully over the past week.
The short-term picture is deteriorating rapidly, prompting a downgrade of many market leaders from bullish to neutral in our Trend Gauge as more stocks begin breaking below key support levels, particularly the 21-day.
One of the biggest developments is the increasing number of failed leadership stocks and portfolio stop-outs.
Many positions that had been acting well during the V-shaped recovery are now losing momentum and violating technical support, forcing us to reduce exposure.
Dow Jones $DIA, $RSP, mid-caps $MDY, and small-caps $IWM have all broken below their 21 EMA, signaling broadening weakness beneath the surface even while the headline indexes remain relatively resilient.
Though $SPX and $QQQ are also beginning to flash cautionary signals. Both recorded their first closes below the 8 EMA since the V-shaped rally began, which is an important technical warning sign.
While this alone does not imply a major market collapse, it suggests momentum is slowing and that the market likely needs a digestion phase lasting one to two weeks minimum.
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There are also several technical warning signs developing simultaneously:
– Elevated distribution days are appearing, indicating institutional selling pressure.
– A quasi-island top formation has emerged, characterized by a gap higher followed by a sharp gap lower and weak closes.
– The market failed to reclaim or hold the key 7,500 level, reinforcing near-term resistance.
– Breadth continues to weaken as fewer and fewer stocks participate in the rally.
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A major macro concern right now is the continued rise in bond yields and inflation fears.
Rising yields are a “massive Kryptonite” for equities, especially for companies with higher debt loads, weaker free cash flow, lower earnings quality, and more speculative growth profiles.
The bond market is sending a particularly troubling signal. $TLT continues to break down aggressively while Treasury yields push to new highs:
– The 30-year yield is breaking above 5.2%
– The 10-year yield is climbing toward 4.67%
This breakout in yields is not healthy for risk assets and remains one of the most important headwinds for the market going forward.
As long as yields continue rising, it becomes harder for equities—especially speculative and high-duration growth stocks—to sustain upside momentum.
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The strengthening of the dollar is another notable theme.
$DXY is moving back above key moving averages, while traditional inflation and risk-sensitive assets continue weakening.
– $GLD is breaking below its 150-day moving average and making lower highs/lower lows
– $SLV is showing similar weakness
At the same time, #Bitcoin $IBIT remains technically poor, unable to reclaim declining long-term moving averages.
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So, this combination of rising yields, a stronger dollar, weakening metals, weak crypto, and deteriorating breadth creates a much more defensive macro backdrop than what existed during the earlier stages of the V-shaped recovery.
As a result, we made many defensive moves in our portfolios.
In Grotection, we trimmed $BE (after breaking prior lows and losing the 21 EMA) and $DOCN (after breaking recent lows, though a partial position was retained after a reversal attempt).
We sold $CAT (after two consecutive closes below the 21 EMA), $GLW (after repeated closes below the 21 EMA), and $TSLA (after losing both the 21 EMA and the 50-day moving average).
In Turbotection, we sold $TNA ($IWM exposure due to continued small-cap weakness below the 21 EMA) and $AKAM (after a high-volume breakdown tied to a convertible senior notes offering).
Despite caution flags, there are still selective opportunities, particularly in areas showing relative strength.
For example, we bought $SEDG, a solar and potential energy-storage play. The stock bounced off its 8 EMA and reclaimed the important $53.75 level, making it one of the few setups showing constructive technical behavior amid broader market weakness.
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Today, we have $NVDA earnings together with Fed minutes.
These events could determine whether the market stabilizes and consolidates constructively or whether the current weakness expands into a deeper correction.
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So, the market is now transitioning from a nearly effortless momentum rally into a more selective, rotational, and technically fragile environment.
The long-term uptrend remains intact, but short-term conditions have clearly weakened.
As a result, we became more defensive, reduced exposure, tightened risk management, and prepared for a potential consolidation or correction phase before the next major move develops.
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“The most effective lies are never shouted. They’re whispered until they sound like common sense.” – Julian Assange
A Thread Exposing the Everyday Lies and Propaganda We’ve Been Sold🧵
1. Equality Wasn’t the Lie. Feminism Was.
Here Is What Wall Street Still Does Not Understand About Our Trump “Kitchen Sink” Thesis
Enjoy these clips from our Apr-25 Macro Scouting Report that summarize the Paradigm-A-to-Paradigm-B Fourth Turning transition we have been preparing 42 Macro clients for since last fall. We can confidently say that no one outside of D.C. or Mar-a-Lago understands these “kitchen sinking” dynamics better than 42 Macro clients. While investors around the world are panicking to figure out where the economy and asset markets are headed because of tariffs, 42 Macro clients are investing stress free and sleeping soundly because of our KISS and Dr. Mo signals.
Elon, thank you for the sacrifices you are making for each of us in this country. DOGE does not happen without you. This is opening our eyes to so much graft. I know you are making enemies in the process and they are intent on destroying your company. Thank you for being a hero.
Tomorrow we are sending out a Trader's Handbook Bonus Article to everyone on the waitlist
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We will also be giving away another signed copy!
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It therefore makes PERFECT SENSE that President-Elect Trump would demand of new GOP leadership their adherence to the Constitution.
Because ELECTIONS HAVE CONSEQUENCES.
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