Markets are in a slight state of panic right now. Between the circular financing, creditors getting nervous, the US debt, potential energy problems with AI, general data center pushback, etc etc, things have simply looked better for the market.
Furthermore, stocks have run up (what else would they do?) significantly, making this a nice top to harvest some gains. It feels like the scene in the Good, the Bad, and the Ugly, where all the cowboys are looking at one another, ready to fire at a moment's notice, but none wanting to take the first shot.
This has led to a predictable pattern in the market shown above. Certain catalysts, such as buying the dip to make V-shapes (see Citadel x Leopold) and premarket buying, trigger large rises in the market. However, these rises are wiped out when KOSPI and 930AM liquidity happens, which take the market down a notch. You get the pattern that I have attached above.
I have 5xed my account in a week either buying naked Puts on stupid tech stocks which have run up too far (CRWV, SNDK, etc) or the QQQ. Surely this will not blow up and destroy me soon :)
Winnings from today attached below, please cite me and pay appropriate royalties if anyone wants to use my drawing for a textbook or some shit.
Good luck fellow gamblers (2026 traders)!!
https://preview.redd.it/uot6oddsbdkh1.jpg?width=2030&format=pjpg&auto=webp&s=831383c9be885068018029906e3677049e85883f