Gianni Di Poce here, breaking down today's CPI fireworks.
The inflation numbers came in at or slightly below estimates, and the market exploded higher across the board.
No one's getting fired today - in fact, we just witnessed something I've been waiting months for.
The S&P 500 is gunning for a record closing high. The NASDAQ hit fresh all-time highs and assumed leadership. But here's the kicker that has me most excited...
The Great Tech Reset is accelerating.
Semiconductors are ripping - SMH just broke to new all-time highs. When chips lead, tech follows. And when tech comprises this much of the S&P, this market lives and dies by those moves.
But it's not just tech rallying. We're seeing genuine breadth expansion with financials catching a serious bid. That's the healthy rotation we needed to see.
Here's what really has my attention though: Ethereum is about to go parabolic.
We called this "the trade of the second half of 2025" and it's playing out exactly as expected. While Bitcoin stalls, Ethereum is accelerating to the upside - and we're positioned perfectly.
Our ETHA position in the TheoTrade Chat Room is sitting on massive gains, and we're just a couple bucks away from this turning into a 200% winner (3x return).
We also grabbed positions in Ethereum miners like BITF and BMNR late last week - those moves are already paying off as crypto mining stocks explode higher.
The Russell 2000 is up 2.5% today, and here's why that matters: massive short positions from hedge funds are getting squeezed.
When shorts cover in small caps, the moves get violent fast.
After today's inflation data, September's rate cut is basically locked in. Short-term rates are coming down, the dollar's trying to stabilize, and risk assets are catching fire.
Watch my full breakdown above.
And remember…
Don't overcomplicate this. We want to buy the markets going up and let momentum do its thing.
Stay strong,
Gianni