SPY Don’t fall for the bear trap this morning. I’m looking to enter puts around $607.50. Expect false signals until the Fed press conference. No cut is already priced in so we could see a fake out at 2pm. VIX will be looking to fill the gap around $15.50. Powell and earnings will send this down the rest of the week.
NDX If 8-bit and classification AI acceleration truly make AI more accessible for consumer and edge computing, it’s not a threat. It’s actually expanding the market for NVDA and the chip industry. Just like when China started making budget smartphones, more people could afford them, but they never replaced high-end flagship devices because the use cases and demand were completely different. Lower-spec solutions like Deepseek won't reduce enterprise AI chip demand. Companies aren’t scaling down their AI ambitions just because of a cost-saving alternative. It simply doesn’t meet the performance needs of high-end AI workloads. If anything, it adds another layer to the AI ecosystem, increasing competition and pushing innovation. At the same time, broader AI adoption across different sectors will only fuel greater demand for GPUs and chips. Thinking Deepseek will slow down the AI chip market is like saying budget phones would kill high-end tech. It just doesn’t work that way. VIXVUGVTISOXX
…look at the daily candle from Monday, January 27, 2020 (5 years ago yesterday). The market seems to be repeating the same pattern on all the indices except the dow didn’t get hit this time.
…everything rebounded the following day and continued on up till February 20, 2020. The following Monday on the 24th all hell broke loose and we all knew why a few weeks later
NVDAQQQSPYVIXSOXL If there’s no company stronger than NVDA in fundamentals and AI relevance, then why wait to buy at these lows despite the bearish sentiment? Timing doesn’t get much better than this. 📈🤖