Tech is dragging the index to new highs while crude collapses 4% and Crypto Fear & Greed sits at 23. The tape is split — here's how I'm trading both sides.
SPX is up 1.65% overnight with tech leading at +3.78% — that's not noise, that's a rotation signal. But crude dropping nearly 4% to $76.31 while energy equities shed 3.48% and Crypto Fear & Greed hits Extreme Fear at 23 tells me this rally has uneven footing. I'm not chasing the index gap-up blindly.
Be respectful. Slurs and harassment will be removed. Not financial advice.
One email each weekday. Same voice, same format, no spam.
Not financial advice. Do your own research.
Holding my gold and silver long-term positions — silver up 1.25% today and I'm not trimming. BTC I'm sitting on hands; Extreme Fear at 23 while price is flat is a divergence I don't trust yet, either direction.
For day trades today, I'm going half-size given the gap-up open. SMWB is my primary focus — I'll take a starter at the open only if volume confirms above $5.10. Shorting SSL on a dead-cat bounce into resistance is my secondary play. Energy is uninvestable for me today. The one thing that changes my cautious sizing: SPX holds $7,500 through the first 30 minutes — then I scale up on SMWB and look for a second tech-adjacent mover off the scanner.