SPX gave back half a percent as tech got hit hard and the 10-year yield climbed to 4.623%. Energy was the only place to hide, and my scanner flagged GCTS as the day's cleanest mover.
Tech sold off nearly 2% today and the 10-year yield pushing to 4.623% is the reason. Rate-sensitive growth names got repriced and the rotation into energy and financials was sharp and real — not noise.
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I missed GCTS. I had it on the scanner and hesitated on the entry at $2.10 pre-market — that's on me. Discipline means I wait for the next clean setup, not that I chase a 33% move at the highs. Grading today a C+: right on the macro read, wrong on execution.
Bullion is holding. Gold barely flinched on a 10Y yield spike, which tells me real money is still buying the metal as a dollar hedge. DXY at 99.05 is soft and I'm not trimming my gold position here.
BTC at $76,562 with Crypto Fear & Greed at 28 (Fear) while the stock market Fear & Greed sits at 62 (Greed) — that divergence is a setup, not a warning. I'm adding a small BTC position in the first hour tomorrow if it holds above $75,000.