We are witnessing 1 of the strongest earnings upgrade cycles EVER. $S&P 500(.SPX)$ forward estimates are being revised higher at the fastest rate in the last 16+ years. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2606(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2606(NQmain)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$ Many people seem to think a market top is imminent. But history says things c

Hedge funds dumped stocks at the fastest pace in 13 years in March. Faster than COVID. Faster than the 2022 Bear Market. Only March 2013 was worse. Only 11% of $S&P 500(.SPX)$ stocks are oversold right now. Still nowhere close to the levels we saw during Liberation Day, the 2022 Bear Market, COVID, or the Dec 2018 meltdown. No real washout yet. $E-mini S&P 500 - main 2606(ESmain)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2606(NQmain)$

Role Reversal. Software just had its best day vs. Semis since DeepSeek. $iShares Expanded Tech-Software Sector ETF(IGV)$ $VanEck Semiconductor ETF(SMH)$ Hedge funds are shorting Software stocks at a record pace. Short exposure to US Software is now at its HIGHEST level on record. Hedge funds are still increasing tech short exposure $Palantir Technologies Inc.(PLTR)$ $Oracle(ORCL)$ $Salesforce.com(CRM)$ $ServiceNow(NOW)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trad

The Fwd P/E of the Tech sector is now at PAR with Consumer Staples. In other words, the market is now valuing Tech at the same multiple as boring/slow growth Staples companies. That has only happened 3 times in the last 7 years: COVID, the 2022 Bear Market, and Liberation Day. Retail investors have bought stocks at a record pace so far in 2026. The YTD demand from retail has been unprecedented. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

History always rhymes. Here's how some of the former 2025 AI leaders are holding up 👇 A LOT of carnage out there. $NuScale Power(SMR)$ $Rigetti Computing(RGTI)$ $Oklo Inc.(OKLO)$ $IONQ Inc.(IONQ)$ $Centrus(LEU)$ $Oracle(ORCL)$ $Robinhood(HOOD)$ $Astera Labs, Inc.(ALAB)$ $AppLovin Corporation(APP)$ $CoreWeave, Inc.(CRWV)$ $IREN Ltd(I

Historically, this is what you see in the final innings of Bull Markets. The speculative growth leaders are typically the first names to peak for the cycle. The Covid-QE cycle is a great example 👇 $Quantumscape Corp.(QS)$ $Skillz Inc(SKLZ)$ $Teladoc Health Inc.(TDOC)$ $Zoom(ZM)$ $Roku Inc(ROKU)$ $Lucid Group Inc(LCID)$ $SPAC and New Issue ETF(SPCX)$ $ARK Innovation ETF(ARKK)$ Same thing in the Dot Com Bubble era 👇👇 $t

Retail risk-taking is near extremes, with Citadel’s gauge in the 95th percentile. Momentum just saw its worst day since March 2020, a rare 6-sigma move. If Bitcoin follows past bear-cycle patterns, downside toward $40K or lower remains in play—pressuring $MSTR$, $COIN$, and ETH. Retail is all in. Citadel’s Retail Investor “Risk On/Off” Gauge is in the 95th percentile versus history. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Today was the worst day for Momentum (-11.5%) since the March 2020 Covid Crash. 6 sigma move. Bitcoin is an asset that typically declines upwards of -70%+ during its Bear cycles. If this pattern holds, BTC could see

High Beta Momentum outperformed the $S&P 500(.SPX)$ by ~24% to start the year, one of the largest outperformances on record. We are officially in blowoff top territory based on the last 2 decades of data. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2603(ESmain)$ Largest outperformance since early 2021, which was the top for most of those names. $Quantumscape Corp.(QS)$ $Skillz Inc(SKLZ)$ $Teladoc Health Inc.(TDOC)$ $Zoom(ZM)$ $Roku Inc(

Goldman’s Risk Appetite Indicator has reached its highest level since the 2021 Covid-QE Bubble. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type

Make that 14 straight days to start the year. It is now the 2nd longest streak of Small Cap outperformance in 40 years+, trailing only 1 time in 1996. The R2K has now outperformed the S&P on ALL 13 trading sessions so far in 2026. $E-mini Russell 2000 - main 2603(RTYmain)$ $iShares Russell 2000 ETF(IWM)$ $iShares Russell 2000 Growth ETF(IWO)$ $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ Retail investors bought the dip on Tuesday…Heavily Tuesday was the 3rd la

It's been a Small Cap Winter ❄️Small Caps YTD: +6.4%Mag 7 YTD: -2.4%Small Caps 1M: +4.8%Mag 7 1M: -1.9%Small Caps 2M: +10.8%Mag 7 2M: 0% $E-mini Russell 2000 - main 2603(RTYmain)$ $iShares Russell 2000 ETF(IWM)$ $Roundhill Magnificent Seven ETF(MAGS)$ $iShares Russell 2000 Growth ETF(IWO)$ $S&P 500(.SPX)$ $NASDAQ 100(NDX)$ I mentioned this two days ago：2026 could be the year of Small Caps.It has been so far. Consensus estimates are projecting huge EPS growth for the RTY this year, vastly outpacing Large Caps. For SG users only, W

We are riding the Small Cap wave at Marlin Capital! $One Stop Systems(OSS)$ calls up +300% from Friday’s entry $Aeva Technologies Inc.(AEVA)$ up +18% from Friday’s entry $SkyWater Technology, Inc.(SKYT)$ up +64% from our buy $Ondas Holdings Inc.(ONDS)$ up +70% from our buy2026 could be the year of Small Caps.It has been so far. Consensus estimates are projecting huge EPS growth for the $E-mini Russell 2000 - main 2603(RTYmain)$ this year, vastly outpacing Large Caps. $iShares Russell 2000 ETF(IWM)$

2026 could be the year of Small Caps.It has been so far. Consensus estimates are projecting huge EPS growth for the $E-mini Russell 2000 - main 2603(RTYmain)$ this year, vastly outpacing Large Caps. $iShares Russell 2000 ETF(IWM)$ $iShares Russell 2000 Growth ETF(IWO)$ $S&P 500(.SPX)$ $NASDAQ 100(NDX)$ $E-mini S&P 500 - main 2603(ESmain)$ $E-mini Nasdaq 100 - main 2603(NQmain)$ $E-mini Dow Jones - main 2603(YMmain)$ For SG users

We are entering the most wonderful time of the year for Small Caps.The 2nd half of December is the most bullish 2wk period of the year for the $E-mini Russell 2000 - main 2512(RTYmain)$ dating back to 1978. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility NowFind out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account:

Systematic Funds are being forced to de-leverage with the market falling. This could turn into a major headwind moving forward. CTAs just started selling last week (-13B), but are still near max long right now. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the

The AI CapEx Bubble visualized 👇CapEx to Sales ratios have risen to their highest levels since the Dot Com Bubble. On the other hand, CapEx to Free Cash Flow levels are nowhere near Dot Com Bubble levels. $Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ ImageQ3 Earnings have been very strong so far. The frequency of beats this quarter is the 2nd highest on record (surpassed only by the Covid reopening period). $S&P 500(.SPX)$ $Invesco QQQ(QQ