NVDA -4.99% into Elite 8 Earnings!

Thoughts from Day 2 of Vacation

Jul 27, 2026

∙ Paid

Hey Gang,

I’m on day 2 of my cruise, but wanted to share quick updates as an outsider looking in to the market. As always, I really appreciate your support of my work ✊

I am on vacation with limited availability from July 26th to August 3rd

Market Update

The market mechanically bounced higher as POTUS TACO’ed on further Iran strikes. SOXX & DRAM underperformed on the bounce, which is a bad sign for the AI infrastructure trade. US bonds barely bounced as crude oil slid. The trend model remains -3, which is my signal to reduce expectations for market returns, and focus on survival, rather than big wins 👇

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