The most bifurcated market I've ever seen > Optics & memory stocks trading like we're in full risk-on mode $LITE $SNDK $AAOI $AXTI acting like the party never stopped (albeit very choppy) > MAG-7? Completely bid-less. $MAGS -10% YTD. > $VIX living above 20-25 — huge daily ranges, volatility isn't leaving anytime soon > $XLE the best performing S&P sector YTD > $USO +76% YTD > Gold, Silver, Copper all breaking down... so much for the "hard assets" trade > $SOXX 10% off 52-week highs and $NVDA just broke the 200-DMA, sitting 17% off ATH's > Sentiment readings are all over the place > SPX, QQQ, DIA all below the 200-DMA > $FSLY +147% YTD !! > Credit Spreads breaking out > Every speculative darling from this bull market is basically dead ~ $IREN $CIFR $RGTI $OKLO $IONQ $HOOD $RDDT $PLTR Etc ++ > Bond markets beginning to panic > $XLF bid-less ...