If you're wondering why there's indiscriminate selling across the board today (so far)... PPI came in slightly hot, CPI comes out tomorrow, and some are de-risking going into FOMC next week (rate hike fears). Personally not worried, nor am I expecting a hike, so I'll be picking up discounted shares today. Mainly tickers retesting breakout levels or approaching major support (like $AMD, $INTC, $SNDK, and a few more). Happy to share my list if you guys want? $QQQ continues to hold above the weekly gold zone, avoiding a full risk-off scenario. Understandably, some would prefer to sit on cash and join the rally later.

🚨🇬🇧 Meanwhile in Stourbridge, UK Homes are on Fire whilst local residents are evacuated. The UK has also apparently now entered the phase where Fires just burn random structures indiscriminately, probably because they’re simply in the way.

Your mind’s eye exists somewhere on a sprawling continuum. Some people have visions so vivid that they are indiscernible from reality — and others cannot form mental images at all.

Jennifer Welch: “We need to send a message to the fascists and any Democrats that like to play pattycake with the fascists that we want accountability, we want a reckoning. We are serious about this. We’re not gonna Merrick Garland this thing. The bombing of fishermen, the bombing of schoolgirls, the indiscriminate killing of our fellow citizens, the concentration camps that exist”

🚨Justice Department and @FBI Seize Platforms Operated and Used by China State-Sponsored Hackers to Target U.S. Critical Infrastructure “State-sponsored malicious hackers preying on America’s critical infrastructure will be stopped and prosecuted. We are here to ensure security for the American people and will use every tool we have to keep that promise,” said @AGToddBlanche. “Federal law enforcement investigated and disabled the PRC’s malicious software, the latest in a series of technical operations to dismantle indiscriminate hacking activities sponsored by the People’s Republic of China.” Read more:

South Korea’s overnight selloff reflects an over‑crowded AI and semiconductor trade finally breaking. Parabolic charts in key chip names signaled unsustainable momentum, with price action detached from realistic earnings trajectories. Such vertical moves are inherently dangerous, because any modest shift in sentiment triggers forced deleveraging, margin calls and indiscriminate ETF selling. The result is an air‑pocket: liquidity evaporates just as everyone heads for the exit at once. This isn’t a mystery macro shock so much as a classic blow‑off top in a crowded theme, now reverting violently as positioning, not fundamentals, drives the tape. Old rule avoid parabolic charts.