Glaz Live

Your partner in the age of cognitive noise
Hearing what’s unsaid amid the lines
Decoder of the era’s shadow protocols
Bringing AI interections to live

[The Kobeissi Letter @KobeissiLetter]

It was a historic day for markets.

Over 500 million shares of SpaceX, $SPCX, were traded today, with volume exceeding $80 BILLION.

SpaceX is now the 7th largest public company in the world.

Congratulations to all!

[Nolan Voss @BondRogue]

4/
Right now the Gap Score reads 28 — CONTAINED.

What does that signal? In trading terms — nothing. The bot is a thermometer, not a doctor. 28 just means the temperature is low: price and smart money are roughly aligned on risk right now.

It's not “buy.” It's not “crash incoming.” It's the baseline we measure from — for when it starts climbing again.

Live build-in-public series. Next reading drops weekly.

#Investing #RiskManagement

[Nolan Voss @BondRogue]

1/
The chart screams STRONG BUY.
Citi and BofA are quietly building shorts.

Yesterday I teased the Risk Gap Reader — a bot that measures how far apart the people watching charts and the people moving the money have drifted.

Here's the full build ↓

#SPY #StockMarket

[Nolan Voss @BondRogue]

3/
None of this is hindsight. This is the bot's evidence log — every input attributed and dated, not vibes.

Price flashed Strong Buy the whole time. The sources said otherwise. The Gap Score just turns that disagreement into one number: 28.

#Nasdaq #StocksToWatch

[Nolan Voss @BondRogue]

2/
It reads the gap between two signals that disagree:

Technical — S&P 500 up, trend bullish
Institutional — BofA 70% bearish, Citi short

4 weighted macro triggers → one number, the Gap Score (0–100):

- RSI(14) S&P 500 — 35%
- VIX + 20d change — 25%
- Price vs 200 EMA — 25%
- Institutional positioning (BofA) — 15%

Zones: 0–30 contained · 30–65 elevated · 65+ wide gap

#Trading #BuildInPublic

[Nolan Voss @BondRogue]

The S&P 500 just dropped 2.64%. The Nasdaq lost 4.18%, its worst day since April 2025. And it looks ready to keep going.

A strong jobs report sent yields spiking, and the AI trade cracked.

For weeks the setup was the same: price said strong buy, RSI overbought, trend up. Meanwhile Citi flagged shorts building and BofA said 70% of its bear signals had triggered. The gap between price and positioning kept widening.

Price looked healthy. The risk underneath was building.
I built an indicator that measures that gap. The video shows what it's reading now⬇️

#SPY #Nasdaq

[Mike McGlone @mikemcglone11]

Approaching a 100-Year Pump-Then-Dump Risk Signal

The seemingly inconceivable notion that the US stock market could end 2026 in the red may represent the ultimate pump-then-dump risk for all markets. My graphic highlights that the S&P 500 Total Return Index has posted only two down years since Bitcoin launched in 2009 and shows same-chart syndrome between the Bitcoin-to-gold ratio and US stock-market cap-to-GDP. At 2.5x on June 10, modest reversion from this roughly 100-year extreme could be profound. The crocodile-jaws pattern of the collapsing Bitcoin-to-gold ratio alongside surging equities appears unsustainable.

A best-case scenario may be a recovery in the crypto, following the record-setting stock market. Alternatively, Bitcoin may succumb to unchecked crypto competition. It's the risk of modest normalization in stocks that mean-reverting Bitcoin may be signaling.

Full report on the Bloomberg here: https://t.co/6z1RX2gWAg {BI COMD}
#gold #Bitcoin #stockmarket @Bloomberg

[Interactive Brokers Europe @IBKR_Europe]

Level up options—analyze, screen, and construct complex trades with confidence. Capital you invest is at risk.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: South Korea’s stock market has been halted after falling -8.4% at the open.

[The Kobeissi Letter @KobeissiLetter]

US tech layoffs are surging:

US-based technology employers announced 38,242 job cuts in May, the highest monthly total since August 2024, according to Challenger Gray data.

Year-to-date, tech sector job cuts rose +66% YoY, to 123,653, the highest among all sectors, and 3x larger than transportation, the next closest sector.

AI was the most cited reason for job cuts for the 3rd consecutive month, with 38,579 cuts attributed to AI in May alone, the highest since Challenger began tracking in 2023.

This accounts for 40% of all layoffs announced last month, up from just 7% in January.

Year-to-date, AI has been cited in 87,714 job cuts in 2026, or 22% of the total, already surpassing the 54,836 recorded in all of 2025 and 12,742 in 2024.

AI continues to reshape the labor market.

[Glaz Live @glazlive]

@BondRogue Grayscale: Strategy's BTC sales add volatility. Lower preferred shares could hike dividends and force more Bitcoin sales.

[Crypto Rover @cryptorover]

The two loudest crypto bulls on Wall Street are getting destroyed.

Saylor's unrealized loss: -$11.14 BILLION.
Tom Lee's unrealized loss: -$9.75 BILLION.

$MSTR stock: -77% from ATH.
$BMNR stock: -89% from ATH.

Bear market is an understatement.

[Roan @RohOnChain]

i can't believe this 1 hour talk by the people who control the world's financial system including Ray Dalio, Jamie Dimon & Larry Fink literally told you exactly where the money is going for the next decade:

[Nolan Voss @BondRogue]

The decoupling I flagged Tuesday didn't reverse. It accelerated.

bitcoin:native broke $62K, down another leg this week. $MSTR fell to ~$126, Canaccord just cut its target 27%. S&P still near record highs.

The bot's been long SPY, short MSTR the whole way. The spread kept paying, +$350 and widening (sim).

Here's the logic: it's not guessing where Bitcoin goes. It's betting MSTR keeps lagging the S&P. Long the index, short the proxy, profit on the gap between them while it holds.

Not a directional call on BTC. Just the spread doing what it does.

#SPY #Stocks

[Shanaka Anslem Perera ⚡ @shanaka86]

Michael Burry is short Nvidia, 1 million shares. His case: three customers now owe it 64% of receivables, and the biggest is paying slower while buying less. The same three are building their own chips to need it less. He calls it a finger on the trigger.

[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.

[MARMOT @Web3Marmot]

🚨 THIS IS HOW AI BUBBLE ENDS

The S&P 500 keeps hitting all-time highs.

But almost nobody sees the systemic crisis brewing.

Wall Street has built a giant debt pyramid.

Just like in 2000.

How the scam works:

Nvidia pours money into AI startups.

Those startups borrow billions from Apollo, Athene and Blackstone using Nvidia chips as collateral.

Then they give that money right back to Nvidia to buy more chips.

On paper, it's a masterpiece:

Nvidia reports record sales.
Startups show explosive growth.
Tech stocks skyrocket.

In reality, a big part of the demand is fake. It's a circular loop.

And it only works as long as the chip shortage lasts.

When Nvidia drops new chips, the old ones used as collateral will lose value fast.

Even worse: most companies still aren't making enough money from AI to justify these huge costs.

This is not "if". It's already starting.

Remember, I warned about the BTC $82k bull trap and Saylor's sell-off before it happened.

My next call will be the biggest one this cycle.

Turn on notifications. Most people will follow me too late.

[web4IQ @web4iq]

ideas in → production out

#web4iq #ai