Up over 9% today. Breaking out to new all-time highs on the monthly chart. And here’s why this changes everything about where we’re headed…
Translation: The recession narrative just took a serious hit.
But that’s not the only thing catching my attention today. While everyone’s focused on tariff headlines (Trump announced August 1st deadline, new tariffs on copper and pharmaceuticals), I’m more impressed with how the market’s responding.
Tech and semiconductors are leading again. SMH up over 1.5%. Semiconductor index up over 2%. That’s not bearish behavior.
And then there’s what’s brewing in crypto…
Next week is officially “Crypto Week” in the House of Representatives – July 14th to 18th. Three pieces of legislation coming down the pipeline that could completely change how the market approaches the entire cryptocurrency sector.
We’ve been positioning for this. Just booked 40% gains on HUT, 92% on Coinbase in the Million Dollar Challenge, 42% on Core Scientific before it imploded.
But here’s what has me most excited…
Energy popped almost 3% today. XLE, XOP both surging. When you start seeing late-stage sectors like energy explode, it usually signals we’re getting into the danger zone where “junk” starts flying to the upside.
That creates massive profit windows – but also means we need to get smarter about protecting gains and not chasing names near highs.
The window for the next big mania is opening.
In today’s video breakdown, I show you exactly what else I’m watching, how I’m positioning for crypto week, and why this copper breakout is the signal everyone’s missing about what’s really happening in this market.
Get the full analysis here
The summer rally is just getting started, but the smart money is already positioning for the next phase.
– Gianni Di Poce
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