This is misleading as you cannot mix Tops with bottoms or middle range prices. Weβre clearly in a Top. Tops are mostly the biggest losers so a BIG RED MONDAY is coming.
BREAKING π¨: Eggs
Egg Prices have now collapsed 98% from their March 2025 all-time high and are now at their lowest price in over a decade π₯ππ₯³
the "friday crash = monday bounce" table going around is missing the thing that matters most: where the vix started.
so i pulled every NDX friday <= -3% since 1990. n=63. bucketed by vix open, tracked mon, wed, end-of-week.
Friday opened with vix at 15.87. that bucket monday is a coin flip. the real bleed shows up later in the week.
@Hawaiitrader This time, it looks like more than one gambler has gone homeless. Just saying, it reminds me of Bitcoinβs fall in October β25. When more than one gets hurt, the top is made.
This feels like that FRIDAY BITCOIN made so many people homeless. So I am sure this is a TOP because it was massive and itβs just the start of a long bear market.
$SPX A correction, almost feels like a bear market drawdown will occur some time later (in Q3).
But Friday was not the start of it yet.
-Tom Lee on CNBC Friday
@OddStats In Asia a Monday starts being a Monday and still a Monday in United States, until is a Tuesday, but maybe in Hawaii that happens. America is a continent not a country.
Donald Trump told reporters that his team might buy US stakes in artificial-intelligence companies and said he would host a meeting with AI executives as soon as next week https://t.co/PEEBpte0jN
Historically, weβve never had a market where you get such massive daily moves in large cap stocks.
AI disruption has led to massive amounts of price discovery that stocks need to do on a daily basis.
More price discovery = traderβs dream
$IBM $ARM $ORCL $PANW $SNDK $MU