https://youtu.be/788j17sQz-c The Nasdaq ripped 2% today and Broadcom surged 5%. It looks like a bull market. It is not. The S&P 500 is flat on the week. Today’s move just recovered Tuesday’s losses. Meanwhile, the advance/decline line dropped all session. 85 out of 100 S&P 100 names opened higher this morning. By the close, breadth had deteriorated the entire day while a handful of tech stocks carried the index. That divergence matters. Here is what actually concerns me heading into Thursday and Friday.  The S&P 500 has a $111 expected move this week. We have used almost none of it. Every 0DTE contract from Monday rolled into Tuesday, Tuesday rolled into Wednesday, and now hundreds of thousands of contracts are stacked on the same strikes at 5,271.25.  When the market sits still, gamma risk accumulates. Thursday and Friday, that risk gets released. Here is what I walked through in tonight’s

https://www.youtube.com/watch?v=eojt15btTPY The NASDAQ just broke out of an 8-month rectangle pattern. Gianni Di Poce says this is a very significant move and we are still early in the rally. The base measured roughly 3,000 points. A larger base produces a larger move higher, and Gianni is now targeting 29,000 to 30,000 on the NASDAQ in a matter of months. The Trinity Trade has been cashing in on the exact setups feeding this breakout. Gianni booked 51% gains on Marvell Technology in three weeks and closed AMD calls 170% higher last week. Technology just hit a new all-time high and reclaimed the top spot as the strongest performing sector on the year. Here is what Gianni broke down in tonight’s video: The NASDAQ built a 3,000-point base over eight months and is now breaking above it, placing this rally in its early innings with 29,000 to 30,000 as the conservative upside

https://www.youtube.com/watch?v=84wZh7hLDhU The market just logged the largest gamma squeeze I have ever seen. The S&P 500 moved 300 points this week against a $120 expected move. That adds up to almost three standard deviations and the third consecutive weekly breach to the upside. I have recorded expected moves in the SPX all the way back to 2017. Three consecutive breaches in the same direction is completely unheard of in my data. Microsoft tells the story best. The stock opened the week at $370 with an $11 expected move and closed at $422 for a 4.74 sigma move. In tonight’s video, I walk through the data driving the squeeze: The SPX traded 6 million option contracts today with calls slightly outnumbering puts. Institutions normally buy puts as hedges in this product, so this flip tells me retail is piling into call options. Every SPX strike below 7175 held over 100,000 contracts

https://youtu.be/R4TS0LmCWNQ The S&P 500 just printed another record high today. The NASDAQ failed at resistance and closed back inside the level. Blake Young says that split tape is telling you exactly where to position for the rest of the year. He expects US equities to trade flat rather than trend from here. That means 2% to 5% swings in both directions without much real progress. The opportunity is not in chasing tech into the overbought zone. Blake is rotating into three specific sectors getting fresh buy signals today. Energy, basic materials, and consumer staples are his focus. Crude is trying to close back above the 0% level, and Blake sees a path to $107 per barrel if that breakout holds. Even if oil stalls, energy stocks do not need higher crude to stabilize and grind higher. Here are the exact short put setups Blake walked through in tonight’s video: ExxonMobil

https://www.youtube.com/watch?v=1c1NDBkyFws The S&P 500 just hit all-time highs. The advance/decline line is a dead 50/50 split. That tells you everything about how narrow this rally really is. I went through every major sector ETF in tonight’s video. Materials are down on the week. Industrials are down. Healthcare is flat. Utilities sit at the lower edge of their expected move. Homebuilders got absolutely demolished today. The S&P 500 is only up 2.4% on the year. These all-time highs are barely above where we started 2026. So where is all the buying coming from? Tech. Exclusively tech. Amazon went from down 12% year to date to up almost 10% in two weeks. A big chunk of that move ties back to Anthropic’s latest funding round at an $800 billion valuation. Microsoft is still down 13% on the year but suddenly the hottest name on the tape. Tesla rallied hard enough today to

https://youtu.be/XFch3r_RXkA Gianni Di Poce just laid out the most aggressive upside targets I’ve heard all year. He’s calling for NASDAQ 100 at 29,000 to 30,000 in the next few months. That’s not wishful thinking. Semiconductors have already broken to new all-time highs. The setup is textbook. Tech has rotated back to sector leadership over the last two weeks. Gianni points out that tech leading out of market lows is the exact pattern we’ve seen at every major bottom. Hedge funds shorted at their fastest pace in recent memory. Faster than the tariff tantrums of 2025. Now they’re trapped and covering, which is fueling this rip higher. The Mag 10 just broke out of a broadening wedge formation. For context, the NASDAQ traded in a 3,000 point range over the past eight months. Gianni sees that consolidation as a launchpad. He’s calling it the Gulf War playbook. Six months of turbulence

https://youtu.be/VPoSmNy0iEc Goldman Sachs beat earnings estimates by a wide margin this morning. The stock still gapped down at the open and couldn’t recover. Brandon Chapman caught that disconnect immediately, and it’s the setup he’s watching ahead of JP Morgan’s report tomorrow. JP Morgan rallied to $312.75 today, its highest level since February 11th. The problem: volume was thin all session. Citigroup hit a new multi-year high on the same light tape. Brandon’s read is that today’s price action was buyers at the ask, no resistance, no conviction. That kind of move at a higher price just bakes more risk into tomorrow’s number. Here’s what Brandon broke down in tonight’s video: The S&P 500 gapped from 6864 on Friday’s close to 6780 at this morning’s open, driven by Iran ceasefire rhetoric and threats to the Strait of Hormuz. Oil pulled back from an intraday high of $105 to $97 but remains

https://youtu.be/2H4v9Lt1-S4 The S&P 500 closed flat today. Underneath the surface, 90 products in the S&P 100 declined. Broadcom single-handedly held the index together with a 3.5 standard deviation move, closing in on a $2 trillion market cap. Strip that out and the tape is red across the board. I call this the pain trade meeting geopolitical risk. Shorts are getting squeezed in a face-ripping rally, but the volatility market is telling a completely different story. The VVIX is sitting at 108. Anything near 110 is the “get under your desk” zone. Professional traders are refusing to give up their hedges heading into the weekend. Consumer staples got crushed. Walmart dropped nearly 2% and Costco fell 3%. The safety trades that propped up portfolios during the selloff are fading fast. Meanwhile, financials started rolling over right before earnings season begins. Goldman Sachs, Morgan Stanley, and JP Morgan all report next week.

https://www.youtube.com/watch?v=oN5Lua4e0W0 Blake Young just ran through today’s economic data, and every single number came in ugly. Final GDP printed at 0.5%. Personal income went negative. Unemployment claims rose. Yet U.S. equities rallied. That disconnect tells you everything about where we are right now. The market is trading on ceasefire optimism while the hard data deteriorates underneath it. Blake flagged wholesale inventories climbing to 0.8%, meaning manufacturers and wholesalers are sitting on product they cannot sell. Personal spending is sliding alongside falling income. The 10-year and 30-year bond auctions both saw lower demand at higher rates. The math points one direction. Slowing growth, sticky inflation, and weakening consumers add up to stagflation. Blake’s response is to rotate into utilities as a fixed income substitute. The entire sector was green today, breaking out of a widening pattern while the broader market celebrates on borrowed optimism. He walked through six specific setups in

https://www.youtube.com/watch?v=xxHs3jHDDY4 The S&P 500 just ripped 2.4% to the upside. Everyone’s celebrating. The VVIX says they shouldn’t be. The VVIX is the volatility of the VIX itself. It measures what professional traders are actually doing with their hedges. On a day where the market exploded higher, the VVIX only dropped 5%. That tells you something critical. The professional world is not giving up their protection. VIX options traded nearly 1.6 million contracts today. That is enormous volume for a day where the market supposedly just resolved its problems. And here’s what most people are missing about this rally. We went from unchanged on the week to the upper edge of the weekly expected move. The $167 expected move landed almost to the penny. There is nothing unprecedented about where we are right now. The real story is underneath the surface. I faded the financials today with a bearish position in