Rio, Market Catnician
musingtrader.bsky.social
Rio, Market Catnician
@musingtrader.bsky.social
Following the trading herd
What does it tell you that the disruptors (OpenAI, Anthropic) are private, while the “disruptees” (most SaaS) are public?

No wrong answers.
February 16, 2026 at 4:59 PM
SPX weekly: midweek air pocket was tech de-risking as AI gets repriced (disruption + capex). Mag 7 made headlines ugly, but internals rotated into defensives; cooler CPI/yields gave cover for a bounce. Still range violence: 7000 lid, 6700–6800 floor. Weekly close >7000 or <~6700 to resolve
February 15, 2026 at 4:05 PM
May 30, 2025 at 6:20 PM
I'm posting this chart here for no reason whatsoever.
It has absolutely no relevance to current events and therefore cannot, I repeat, cannot be taken as a cautionary tale.

/s

h/t: Kyla Scanlon
April 8, 2025 at 2:57 PM
It might've been a tumultuous week in DC but on Wall Street, after a hotter-than-expected CPI followed by a cooler-than-expected PPI, lethargic is more like it.

5800-ish is still key $SPX support and 6400-ish is still the measured move target, should 6100-ish capitulate.

Thank you for reading.
February 17, 2025 at 2:06 PM
The index will have to finally shake free of that 5850-ish to 6100-ish zone it's been stuck in for two months.

Below that, we have the all-important 5700-ish support.

Above, we logically (not that there's that much logic in markets!) now have a measured move target of 6250-ish.

🙏🙏👊🍻
January 5, 2025 at 8:07 PM
Socrates knew about the normal distribution!

This from Plato's The Last Days of Socrates:
November 13, 2024 at 9:06 PM
The potential double-top is goading us, the potential measured move to 6200-ish is enticing us, and the August 5th low @ 5100-ish is daring us.

Enjoy the Labor Day weekend!

🙏🙏👊🍻
August 31, 2024 at 8:53 PM