SPX continued to make new highs this week, despite some volatility. The last three weeks have been a sharp rally, leaving many doubters behind. It is important to be on the right side of this trend, which we have been since the April lows.
We feel the momentum slowing down a bit, and the market is signaling to dial back some of the overheated activity. Bitcoin is flashing warning signs as it crashed suddenly. Are we at the top of the rally? Or can this market go further? We’ll discuss inside.
The rest of this article is for premium members. Today’s post covers:
H-1B visa changes align cost with value
Nvidia investing in OpenAI is a good thing
Economy is surprisingly strong
Upside chasing
Bitcoin crash
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