🇨🇳 China's PMI rose to 52.6. Highest print since 2012. According to a model from the FED of St. Louis corresponds this PMI figure to an economic growth rate of ~10%. It is favorable for China, commodities, and emerging markets in general and unfavorable for the 💲
$YINN $DXY
$USAR +$30 and 150% YTD🚀
Some news today again here for this sector:
"USA Rare Earth Selected for DOE Funding to Advance REE Capacity"
ATH is base case here in the everyhting melt up - Thesis in post below from April 2026
BIG BREAKING IF TRUE 🚨
The final draft of the US-Iran agreement has been reached with the mediation of Pakistan, which is expected to be announced within the next few hours - Al-Arabiya
- This draft includes an immediate and comprehensive ceasefire on all fronts
- The Parties mutually undertake to refrain from targeting infrastructure
- Freedom of navigation in the Persian Gulf and the Strait of Hormuz is guaranteed under a joint monitoring mechanism
- Sanctions will be gradually lifted in exchange for Iran's compliance with the terms of the deal
- Negotiations on outstanding issues shall begin within a maximum of seven days
#BTC $SPX
@StichL83@DrProfitCrypto Everything melt up up ain’t over
Foolish to short the market here when the potential for 9,000 is there
All depends on credit spreads, but buffoons don’t pay attention to that
🚨BREAKING - US INFLATION DATA RELEASED!
YoY Growth:
🇺🇸 CPI (Apr), 3.8% Vs. 3.7% Est. (prev. 3.3%)
🇺🇸 Core CPI, 2.8% Vs. 2.7% Est. (prev. 2.6%)
MoM Growth:
🇺🇸 CPI (Apr), 0.6% Vs. 0.6% Est. (prev. 0.9%)
🇺🇸 Core CPI, 0.4% Vs. 0.3% Est. (prev. 0.2%)
$MACRO $SPY $QQQ
$IREN
No change for $IREN
Last week we notified members that the Z score had reached +2 STD DEV. That means adding stops or trimming begins depending on your strategy
We have now reset on a Z score basis given today’s news on convertibles and we are back down at 1.0 STD DEV!
The target remain +3 STD DEV and thereby ATH ✅
Context in the post above🚀
Opportunity today✅
$SPY $QQQ $IWM
Back on April 17th we highlighted the rare “Three White Soldiers” pattern on $SPY $QQQ and $IWM and said our melt-up thesis was still alive and well 🚀
Since that post, all 3 indices have continued trending higher… Short-term pullbacks are part of every Bull Market, but the bigger trend still looks extremely bullish despite all the noise along the way….
Credit markets also continue to look relatively supportive overall, which is something we continue to track closely together with our broader macro framework (Recession Barometer) inside the group..✅
$IREN
As mentioned in early April, when the buffoons started being loud with nonsensical BS regarding a 6bn ATM👇🏻
“On a relative basis the argument from bears regarding IREN's $6bn offering "Recently" is incredible low quality. On a "ATM as % of Market Cap" the offering were not outrageous.”
$IREN is up almost 100% since this tweet
On a technical level you know the saying - WE ALWAYS RETURN TO A +2 STD DEV 😉
CONGRATS ALL, BIG DAY!
$IREN
We have reached 2.0 on the STD DEV scale
Last two highs were +3 STD DEV, so should still be plenty of room here, but a lot of you have asked about a score update ✅
WGMI is getting updated through X subscription, while all HPC tickers are updated continuously in Patreon
Congrats to all so far - We tuned out the noise 🚀🥰
$USAR $MP $CRML
87% over the last month - Absolutely fantastic run so far🚀
As mentioned in the post:
“This needs to change for the US - So the natural conclusion is that long term we’re in the early inning of theme.” (Check out the thread)
The Dark horse in this race is $CRML which “hold” the only REE “Exploitation License” on Greenland through the Tanbreez project - Noteworthy that it’s +30% shorted as well (No technical breakout yet though)