Feels like we just lived through August ‘24 again. The final flush had all the signs of capitulation. Bottom is either in — or very, very close. ▪️ Fed slightly hawkish ▪️ Hot PCE ▪️ Brutal jobs data ▪️ Trump’s nuclear drama ▪️ Mixed earnings — Meta & Microsoft strong, Apple weak, Amazon wrecked If we dip lower, I’m adding. Wouldn’t be shocked if we bounce soon and everyone regrets fading it.
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