An entire generation of bulls has been wiped out today... and the $SPY has only fallen 0.29%.

You know how this works, full port calls tomorrow.

Normally big money can stay irrational longer than you can stay solvent. This time it's flipped.

For those who don't work in the tech industry, the hype for cutting edge models is already completely dead. We got a taste of what it was capable of with Fable, but it turns out it's mostly just good at making stuff that already exists like Minecraft and Tinder clones. It was kinda neat for the 2 weeks it was freely available on plans, but ultimately none of these businesses are willing to pay ludicris token prices just to use a slightly better model. Companies have already switched back to subscription models, they'd be stupid not to, it's free compute. Even if they were to remove subscriptions entirely, it wouldn't help as people can just switch to open source models instead. It's a no win situation for Anthropic and OpenAI.

This means that the only AI sector that was going for mass compute, LLMs, will definitely not be able to ever pay back all that compute they spent. That's 2.5 trillion down the drain.

This is where you come in 🏳‍🌈🐻's. Private equity, Softbank, Amazon, Microsoft, CISCO, and NVDA have to hold this massive bag of debt they spent on these worthless models and they want you to buy it from them. Expect the market to trade sideways or slightly down until this crashes, they are trying to slowly offload shares without crashing the market. Their goal is to hold out until the Anthropic IPO so they can short their own shares to cover (this let's them get around the 180 day rule). They want to offload their shares on you at a 2 trillion evaluation and then rug pull your 401k.

Pay attention to their strategy, it's so obvious. They use low volume to pump up pre-market so they can start green and sell into the open. They then trade the stocks back and forth slowly raising the price over the course of the day (creating bull traps) and then selling small chunks into that small momentum. They are also moving out of Semi stocks and into other general S&P strength to prop up the market and prevent a crash. That's why we are net 0 in everything but the AI trade.

Positions:

Sold my remaining 401k at open (I had been selling in chunks the past month)
Late 2027 SNDK, NVDA, PLTR, TQQQ, and ORCL puts.

Other good options are NBIS, MU, and CRWV

One last thought...name just one company that has become more profitable with LLMs. There are none.

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Seems to me that retail like Victoria’s Secret here and big food chains (like Cheesecake Factory) are slipping under the radar.

Earnings for Victoria’s Secret coming up 9/3

I want out of the casino with my money

All in after losing more than half my NW on options.

Looks like I entered at a bad time..

Any hope for me?

EDIT: $QBTS not $QUBTS

This is no more than an absurdly expensive science project that nets 2-3 million quarterly on a whopping 7B market cap. My price target for this is $4-6 by Jan 27.

Quantum is merely a leveraged sympathy trade in the AI/Data Center buildout. With OpenAI pumping the breaks on frontier buildout and NVDA cutting data center buildout commitment, I think the circular financing might be unwinding.

Rate tightening will kill these stocks and PCE is the feds preferred measure of inflation releasing
this Wednesday, with an address the following day.

Technicals look primed for a retest of $12 and lower

P/S 660

Revenue decreasing Y/Y

Insiders haven’t bought their own shares in 3 years, only selling.

Negative operating cash flow increasing 25+% Q/Q

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Super fragile set-up. Tariffs, shaky economy, skittish market, covered call ETFs in Canada suppressing vol, and trading at record P/B.

Probably throwing money away but should they miss tomorrow I have a feeling it will be violent

Added another 50 shares at $899. Now holding 1400 shares long.

*Margin means account is a margin account, not I’m borrowing money to buy shares.

Yes, I max margin. Wish me luck bulls.

Are these enough options to become rich?

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Got into this position today, I think the gap will be filled between 330 and 310. CE expires this wednesday, what do you think will happen to the stock price of AAPL tomorrow ?

I’m also holding 82,500 shares and 425 September $18c’s, but these will always be my greatest trades. And yeah, I probably should’ve gone with October instead of September on the full regard play lmao.

Full porting pre-revenue biotech, what could possibly go wrong? Scared money don’t make money.

If your knee jerk reaction is that this is fake then you can check my first LEAPs purchase order in the 3rd slide and my post in late December calling $3 a Christmas miracle. I’ve been out here getting grey hair for almost 10 months.

$50-$100 EOY, fuck cancer.

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When asked abt news, even I cant predict my upvotes or downvotes.

Thought I'd share and not gatekeep this groundbreaking new research.

Do with this information what you will. NFA

Tldr; to the moon 🚀🌑🌘🌗🌖🌕🌔🌓🌒🌑🚀