Daily stock market briefs and summaries of themes and names moving the market. Actionable insight and framing of market events. Not investment adviceopen.substack.com/pub/firstcandleJoined May 2026
@DeFiTracer Tech CEOs starting to change their tone from doomerish to being overly optimistic. Still difficult to find objective truth. Comes off as promotion materials at this point.
Elon's biggest fault?? Sometimes he cares for civilization TOO much
@MartinShkreli First red flag was Dario's attempt to manipulate the Defense Department/Department of War. Regulatory capture at its finest, and convenient for them to find their moral compass when they are market leaders.
@PeterDiamandis Anthropic comms team:
*In the race for the lead*: we must grow and compete! Deregulation!!
*now in the lead*: This is dangerous, we need regulation!!
@QuintenFrancois Thinking the same, especially with such a low float. Personally going to give it a few weeks and see how it shapes up. Things dont go straight up forever so it will consolidation eventually.
From the report:
The $SPY / $QQQ 10-day SMA breaches today create a mid-week flag that requires monitoring. The regime is not broken — the weekly candle has not confirmed deterioration, and breadth today was not consistent with a structural breakdown. Friday's weekly close is the read. If SPY closes the week above its 20-week SMA and $QQQ holds its 10-week, the Surfing regime remains intact and the posture restores to AGGRESSIVE next week after FOMC confirmation.
This means patience for clarity on the weekly time frame until June 19th given the heavy consolidation we saw over the last 4 trading sessions.
The S&P 500 finished down 1.6%, the Dow shed 950 points, and the Nasdaq fell 2%. Underneath the index carnage, however, 62.7% of U.S. issues were actually advancing yesterday...
🚨BREAKING: SoftBank tried to borrow $6 billion against its 13% OpenAI stock… to keep funding OpenAI
Banks said NO
They don’t believe OpenAI is worth $852 billion 💀
$ORCL just reported 93% cloud infrastructure growth and a $638B AI backlog.
Stock is down after hours because the market is scared of oil.
That's the gap. That's the trade. 👇Check the brief!
open.substack.com/pub/firstcandl…
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