Heisenberg@Mr_Derivatives
18m · 412.0k flw
67
bull
Retail is screaming melt up into the close. Breadth is thinning. That combo usually prints a fade, not an ATH.
$SPY
Beta / risk-on
Composite now
Retail is screaming melt up into the close. Breadth is thinning. That combo usually prints a fade, not an ATH.
This is euphoria. Everyone is long. Puts are cheap. Hard landing talk is gone. That's the setup.
BREAKING: Fed speakers lean hawkish into Friday. Higher for longer language returns in two notes.
Credit spreads quietly widening while FinTwit celebrates the melt up. Classic late-cycle tape.
Don't fade this market. Soft landing is the base case. Buy the dip in MAG7 if you get one.
Tariff headlines overnight. Risk assets should not be this bid. Fade strength until the print.
IWM still the tell. Small caps cannot hold a bid. That's not a healthy breakout in SPY.