Samsung just booked the largest quarterly operating profit any technology company has ever reported by charging its own customers 60% to 89% more for memory they cannot ship AI without. Nasdaq futures opened red into that print. The tape has an opinion about whose margin that was.

...
Read More

How the same morning setup evolved from gut-feel pattern recognition in 2001 to a data-validated, software-flagged system 24 years later.

...
Read More

Wednesday was a good day to take off. Concert was jolly good fun. Members smashed it on the Poppers without me.
SPX swings still bullish and paying out. RUT has flipped bear off the NATH.
Crude filled the gap. Only the $65 target remains. Swings cashed out, waiting for the next entry.
NFP Thursday could be the catalyst. Dow and RUT printed double tops. I’m leaning bear.

...
Read More

VIX bidding back in three sleeps before payrolls is a small number with a load-bearing direction. Today’s Macro Edge sits with what the hedge bucket is quietly admitting, and whether the front end will corroborate.

...
Read More

Payrolls and Tesla deliveries share the 8:30 ET clock this Thursday, the market shuts Friday, and the only instrument that admitted a view overnight was the VIX, ticking back in three sleeps early.

...
Read More