Biggest losers in the pre-market, it's mostly SaaS— Palantir, Adobe, Figma. ServiceNow, HubSpot, WDAY. Yeah, Docu. All the biggest losers are SaaS

I'm long oil again for the first time. Daily Jerker in the house. Pipebomb in the house. I'm long oil for the first time in fucking forever.

And then boom, today CPI comes out. I guess we climbed the wall of worry. Peak hawkishness is back on the menu. And odds of hikes are, I mean, kind of off a cliff. This is the most impressive one, 35% down to 7%.

All the biggest losers are SaaS, and it seems we're maybe back to the semi trade here. Like, it's like fully back on the menu.

I think if we believe the long IRL thesis the way that I think that I believe it, sports cards, which have not gotten the same flavor as Pokemon cards, probably go up only.

It might just be a better trade than fucking StubHub, dogshit company.

if College Football 27 sets the precedent once, that if you get angry enough, they will cut back on how much they charge you for microtransactions. What's gonna happen when GTA 6 launches a casino, basically a casino in the video game for online?

the big news as well is IBM, which is one that I sold. Look at this, down 22% in the pre-market on news that they have no deals.

What about Palo Alto? Palo Alto? Yeah. Wow, wow, wow, wow. Up 4%.

I'm long oil and I am long Shaw's right now. Hi, Nix and DRAM.

if we were to come back in crypto and have another real bull run, if you think about it, like pump the idea of pump fun and like meme coin deploys is one of the only multi-cycle verticals to last in crypto. Like, NFTs did not do multi-cycle. DeFi food farms did not do multi-cycle. ICOs did not do like, nothing has really done multi-cycle in crypto.

I found myself multiple times over the past couple weeks thinking, do I need to long? Like, do I long pump? And every time I just cannot convince myself to do it. Um, numbers are also down relatively significantly here.