The $SPDR S&P 500 ETF Trust(SPY)$  has averaged 15.6% a year since the start of 2020, on track for its best decade since the 1990s. Wall Street keeps telling regular folks to wait for the perfect moment, but the market just keeps climbing. And people are worried? I find that a bit amusing.

Adobe ($Adobe(ADBE)$ ) is trading near levels not seen in years, down roughly 44% this year and far below its 2021 highs. Looking at the chart alone, you'd think the company was in serious trouble. But the fundamentals tell a different story. Adobe just reported record quarterly revenue of $6.62 billion. Its Firefly AI platform has surpassed $500 million in annualized revenue, and the company continues aggressively buying back its own shares. Companies that are truly struggling typically aren't producing record revenue, strong cash flow, and massive buybacks. So why is the stock down? Wall Street fears AI disruption could impact Adobe before the company fully proves its AI strategy. Add leadership changes, subscription-related

$SPDR S&P 500 ETF Trust(SPY)$  Bears are celebrating what's essentially a tiny dip. A dip just looks like an opportunity to buy in at a lower price for potential profit.

$Invesco QQQ(QQQ)$ The monthly Bollinger Bands for the QQQ/SPY ratio are starting to expand, which signals that tech strength relative to the broader market may be gathering fresh momentum.

$Infleqtion(INFQ)$ Once the June options clear, like when Monday starts, this could run hard until close to the end of July. The main drivers are the June 24th advancement in their neutral atom quantum computing and the Russell inclusion. Market makers have made their money, so they might let it run for, say, 2-3 weeks before shutting it down again to profit from their covered calls. Simple market logic. Just follow how the big players think.

$SPDR S&P 500 ETF Trust(SPY)$  If you're just watching the charts and listening to YouTube financial gurus, you're missing the biggest structural shift in modern market history. Insiders know that traditional finance suffers from an expensive "Echo Legacy" problem. When a stock or mutual fund trade occurs, data echoes endlessly through separate silos: Broker ➡️ Clearinghouse ➡️ Transfer Agent ➡️ Fund Manager. Every single "echo" requires a separate database, manual reconciliation, and heavy fees that quietly eat into corporate margins and investor returns. Real-world tech is finally killing this loop. 📊 The Cold, Hard Data Sandy Kaul, Head of Innovation at Franklin Templeton, recently revealed the exact math

$Invesco QQQ(QQQ)$ Many investors see Alibaba as one of the more straightforward ways to get exposure to China's AI sector, similar to how investors use Microsoft, Alphabet, or Amazon for AI exposure in the U.S. AI is a key growth catalyst, but you're also getting a large technology and consumer platform at a valuation that's generally much lower than many U.S. AI-focused companies.

$SPDR S&P 500 ETF Trust(SPY)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ $Invesco QQQ(QQQ)$  Another spike up, just keep compounding those gains.

$Teladoc Health Inc.(TDOC)$ $SPDR S&P 500 ETF Trust(SPY)$ $Wal-Mart(WMT)$ $Invesco QQQ(QQQ)$ TelaDOC Health is the only standalone telehealth company with AI. It's also the only one partnered with Walmart. It has the largest mental health brand, BetterHelp. TelaDOC has a global footprint. It's the original player in telehealth medicine. I think it might be the most undervalued medical stock out there right now. $2.5B annual revenue, $280M free cash flow, with a market cap of just $1.36B.

$SPDR S&P 500 ETF Trust(SPY)$  SLS shorts have a serious problem. Heading into triple witching, options expiration, and a three-day weekend... The borrow fee jumped to 15.06%. IBKR inventory has hit zero shares available. Call open interest remains heavily stacked. Thousands of contracts are already in the money. Now add the latest twist. Some brokers are reportedly requiring up to 300% margin maintenance on short positions. Think about that. REGAL still hasn't reached Event #80. The trial is months beyond expectations. FDA approved unlimited dosing. Warrant protection continues to disappear. So shorts are paying rising borrow fees, facing tighter margin requirements, running out of available shares, and hold

$Apple(AAPL)$ Said it again, Apple bears are in for a rude awakening. Apple is only about 5% away from its ATH of 317+. It has clearly bounced off the prior high of 288.62, which was former resistance, and now has bullish momentum. Moreover, Apple's cup and handle structure since 2025 points upward.

$Invesco QQQ(QQQ)$ The uptrend is holding with moving averages stacked cleanly. Sentiment says caution, but the tape says otherwise. That gap is usually where the next move hides.

The chart shared for 2026 at the start of the year is still holding up so far. Despite all the news, conflicts, oil price spikes, and tariff changes, the direction hasn't shifted. $SPDR S&P 500 ETF Trust(SPY)$  is moving towards 830, and SPX is heading for the 8300s.

I'm still leaning bullish on the overall market here. My read is that the broader structure remains constructive. If the trend and liquidity stay aligned, there's roughly a 70% probability path toward fresh all-time highs. $SPDR S&P 500 ETF Trust(SPY)$  has rotated back into a clean uptrend phase after the recent consolidation, and that's typically when momentum starts to rebuild under the surface before showing up in the indices. What stands out most is leadership staying intact. $NVIDIA(NVDA)$  continues to hold the trend, and the Mag 7 cohort—$Amazon.com(AMZN)$ , $Alphabet(GOOGL)$ ,

$SpaceX(SPCX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $VanEck Semiconductor ETF(SMH)$ The concept of data centers in space is huge. That alone could be worth $5 trillion. Add in bio, chip manufacturing, moon colonizing, and so on, this could be a $20 trillion company.

$SPDR Gold ETF(GLD)$ $Gold Trust Ishares(IAU)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ Kevin Warsh could be dovish this Wednesday. There's a reason Trump was desperate to get the agreement in place this weekend. It sets the stage for Warsh to announce that rates are most likely steady for the rest of the year, perhaps even a rate cut. This will drive the markets higher leading up to the November elections.

$SPDR S&P 500 ETF Trust(SPY)$ SPXIt was a tough call on Friday, whether to hold over the weekend or sell. Glad I didn't sell. Hope the bulls get a solid payout tomorrow. But I'm personally not a fan of gap-ups, they always seem to open the door for a pullback any day. I'll just enjoy it while it lasts.

$Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$ Everyone is waiting for that 21 EMA.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$  Oil is flowing. That's all that matters. Middle Eastern media is also pumping the deal.

$Invesco QQQ(QQQ)$  Many might underestimate just how strong this market can still become. We're in the midst of what could be a once-in-a-generation, or even longer, technological shift. How you navigate this AI-driven bull market—likely still in its early stages—could have long-term implications.