Everything is awesome

In my last update we looked at the bigger picture of recent history on rate cuts, and still feel caution is warranted this fall, especially if we keep climbing… The actual cuts ended up being bullish however, and I expected it to be a “sell the news” event – which was not the case! For this week’s update – I’ll keep it short as I am off-grid for the next 5 days.

The markets have continued to defy gravity, so I am not going to fight this – but have been taking profits and trimming as we go. This week is traditionally a down week, in fact the average performance is -0.79%, so don’t be surprised at a pullback into the beginning of October.

Crypto is still in a bull trend, and I stand by my immediate BTC target of 127k.

The name of the game here, given we are trading on liquidity/hype rotation which feels a lot like covid is to stick to undervalued sectors and not get too caught up chasing momentum. We caught China a few weeks ago and that whole sector continues to push. I’ve been looking for individual laggard stocks across US markets as well – and found RIVN, and TGT to be attractive.

I am currently bidding Target December 100C and 110c about 10% below market prices here, and expecting one last flush into the $83~ zone on TGT.

Last week, I posted $LULU calls (January 2026 250C for around $2.30). These are up 50%, and if the bottom is in we could see a 3-5x on these in the coming weeks.

In the July 11^th Newsletter I posted the GRAB Holdings play, Jan 2026 7.50 Calls at .20~. Those are now up about 3x, I would take half off here, and ride the remainder.

The crypto mining/AI-HPC sector has exploded in the past two weeks, finally printing on some of my longer term calls on $MARA. Stocks like $IREN have done incredibly well with pivots into the AI Datacentre sphere (this is why $WULF has been so good). The index has hit my first target and is showing demark timing on several timeframes (see the red arrows), so caution is warranted here and a pullback wouldn’t surprise me. However my final targets are higher 😊.

TLDR;

1. Market is moving but increasingly vulnerable to correction

2. $WGMI mining sector is very overbought, pullback likely

3. BTC can continue higher with a 127k target

Trades:

Bidding TGT 100C and 110C for December

Sold half of GRAB Jan 2026 7.50C for 3x.