Closing a majority of our Intel $INTC trade today. Has been a fun ride. For many new TTI members, this is there first major win. The move is probably not over in its entirety. But swing trading options is not the same as equities.. and any pullback here, meaningful or not, will inversely impact the premiums we're able to sell them for today at a higher rate than waiting. Keep this in mind.. Most large accounts on X are reporters. They are not traders. I'll continue to post proof that the (few) charts I post are being traded within TTI. We don't limp dick out. We manage our risk into strength, ride trends longer than most people feel comfortable, and make meaningful amounts of money. I get a few unfollows every time I post a profit picture. But I gain a few subscribers at the same time. Good business decision on my part. And the losers fall off into the abyss of the FinTwit bukake. Happy Friday!

How long after the SpaceX $SPCX IPO can we make fun of people who said it would top this bull market cycle?

The Real Estate Sector $XLRE closing at the same price to the penny as it did in 2024. Odds it breaks out into cycle highs next week? Pretty high. Further evidence that this bull market cycle will continue higher. Many sectors closed very bullishly this week. Buckle up!

I watch money move for a living. Where it comes from, where it goes, who’s actually building something and who’s just shuffling it around the table. So let me say something about the people who think wealth is a fixed pile sitting there waiting to get divided up fairly. The anti-capitalista have got it backwards. All of it. The whole worldview runs on one assumption.. the economy already exists, in full, and the only real question is who gets which slice. Take from the people who have it. Give to the people who decide. Call it fairness and move on. Johan Norberg wrote a whole book on why that’s nonsense. The Capitalist Manifesto. One line in it does most of the work.. “wealth has to be created before it can be distributed.” Sounds obvious. Apparently it isn’t. Because the entire redistribution pitch skips the front half of that sentence and acts like the wealth was just.. there. Like it fell out of the sky and somebody hoarded it before you got to the table. Nobody made it. Nobody risked anything. It simply exists, and now we fight over who deserves it. That’s bullshit. They’ve got people believing that slicing the pie thinner is the same thing as baking a new one. It’s not. You can redistribute until the end of time and never create a single new dollar. Eventually somebody has to actually make the thing. And people did. That’s what drives the losers up a wall. Extreme poverty went from something like four out of ten people on earth to under one in ten.. in a single generation. No committee pulled that off. No five year plan. Markets did. Trade did. People who put their own money at risk did. The same entrepreneurs everyone’s supposed to resent now were putting electric cars and cheap shipping and reusable rockets in front of millions of people long before a politician showed up to explain how greedy they’d been. And here’s what that side never wants to admit. Capitalism isn’t soft on the rich. Norberg again.. “Capitalism is merciless against capitalists who do not deliver.” Stop creating value and you’re finished. No bailout. No protected seat. Nobody propping you up. That brutality is the entire point of the whole thing. What these people actually hate isn’t capitalism, it’s cronyism.. the rigged version where the government hands out the winners. Two completely different animals. They need you to think they’re the same one, because that confusion is about the only thing holding the argument together. So next time the noise kicks up.. billionaires shouldn’t exist, wealth is theft, claw it all back.. look at what’s really going on. It has nothing to do with helping poor people. Poor people have never in human history done better than they’re doing right now, under the exact system getting torched. It’s the oldest move there is. Stir the resentment, make the success look dirty, teach everyone that any money made outside the state is suspect by default. Don’t build. Don’t risk. Don’t want more. Not unless somebody signs off first. That’s the real pitch, under all of it. Norberg’s answer is the same thing I’ve been saying for years. Quit listening to the prophets. Watch the data. And the data’s been telling you the same story the whole time.. creation beats confiscation, and it’s not close. Ps. Fuck communism.

Bessent's deregulation campaign is going to cause financials to fly. $XLF and $KRE both closing at multi-week highs.. and regional banks on the cusp of four-year highs.

More stocks participating to the upside within the S&P 500 than at any point since the beginning of the Iranian conflict. Further evidence the 1-week spat in Tech was nothing more than a deleveraging event. Game on.

Great time to be bullish on America. Oil sub $90. Stocks ripping into new highs. Warsh on deck next week to talk through his supply-side economic framework. And the most important company of the future IPOing at a historical valuation. Party on!

Warsh is going to come out next week and say inflation is a product of a short-term spike in energy prices and focus instead on pro-growth narrative. Together with Bessent’s 3/3/3 plan. Markets are massively offside if this happens. Supply side economics. Own risk.

Our IPO Base Breakout setup is one of our highest performing setups. A name IPOs, digests retail traders misery over a couple weeks or months, and then explosively breaks out into new highs. My goal is to own the price discovery phase where p1 is unknown. Oftentimes see massive runs. $CRWV $ARM both come to mind. But dozens out there we’ve traded this bull market cycle. I doubt today’s SpaceX IPO will be any different. Those who can be patient will likely have the chance to make a lot of money.

Great vid. Worth a listen. Everyone’s too bearish. And that’s why we’ve probably not seen the last top of this cycle.

Supply side guys view inflation fundamentally different than demand side guys FWIW. And Warsh Bessent are supply side guys running the same pro-Growth agenda. Have a feeling market is off sides on this one.. which could lead to a huge trade next Friday that may last months.

👀 higher

The most important chart in this market cycle. The tech sector $XLK broke out against the broader market $SPY this year for the first time since it topped in 2000. Given the historical nature of secular bull markets, we're likely 3-7 years away from this ending. Party on!

Fear is opportunity, just not immediately. And for the record.. everyone was making fun of retail last January when they were sliding deeper into bearish territory. 2 weeks later, the market began its plunge.. -20% in 40ish days. Retail is more sophisticated now than before.

Am I the only one who has both max plans for Anthropic and OpenAI and 99.9% of the time goes to Anthropic? Claude has just been better in every way for me. ChatGPT has a prettier UI.. but quality of serious work is better coming from Claude. And Fable 5 has been great so far

A good article to read regarding ETF flows, volatility, and how little it takes to create big moves. Volatility is the price you pay for big wins. I haven't read "risk adjusted returns" in any of the Market Wizards books. And Druckenmiller laughs at it. Worth reading!

Looks like they're selling Peruvian Copper Miners to buy more SpaceX

Half way through the book. Trading is more than charts, folks. Main takeaways.. 1. Every person has taken a 5k account to tens or hundreds of millions of dollars. 2. They all blew up multiple accounts over years figuring it out. One blew up 10? 3. They’ve all recently (last 1-3 years) experienced 40-50% declines across portfolios equivalent to tens of millions of dollars lost. And most importantly.. “if you want to make a lot of money, you have to be prepared to lose.”

Lots of capital flow into the Consumer Discretionary space over the last two weeks. AMZN and TSLA underperforming but many industries within $XLY are breaking out. Hotels, Casinos, Betting Apps, Cruise Lines.. all on the list.

$APH and $ASML both up on the day and last seven days. Large cap tech names that did not pull back at all last Friday or this week. Clues this tech pullback is a normal market mechanism to clear overly leveraged and positioned traders. And not the end of the AI theme.

"It's not a bubble if it hasn't (at least) doubled." @itmrandy with wisdom here