“The stock market is never obvious. It is designed to fool most of the people, most of the time.” — Jesse Lauriston Livermore It is almost impossible to see how the market will be in the future. When everyone is excited, it is time to pause and rethink…

ServiceNow (NOW) stock plunged 13% in premarket on Thursday, fueling a broader sell-off across software stocks. Other software stocks, including Salesforce (CRM), Oracle (ORCL), and Adobe (ADBE), also traded lower. What’s behind the move: The enterprise software company met first quarter earnings expectations but said the Middle East conflict delayed some subscription sales. Subscription revenue for the first three months of the year jumped 22% to $3.67 billion. That expansion would have been higher were it not for the impact of the Middle East conflict, the company said.

SpaceX IPO is already in the news and everybody seems that would like to get in. During the weekend I listen to this video and I agree 100% with Adam... wait for a pullback before entering into the stock... maybe the drop will be much more then the IPO price. https://www.youtube.com/watch?v=hky-Ag3F2Zc

Financial investor Warren Buffett encourages us not to cling to our losing efforts or chase what isn't working and instead focus on the next best action Source: 1994 Berkshire Hathaway shareholder letter Especially not now. We just exited geopolitical uncertainty. The bull market is opening. And if you're still holding losers, you're leaving gains on the table. When fear dominated — Iran tensions, recession chatter — many positions got crushed regardless of thesis. Now that volatility is settling, capital is rotating hard into growth. This is the reset moment. Here's the trap: holding a 30% loser while the broader market rebounds 15% feels like a recovery story. It's not. You're still underwater and you're missing the move. The smarter play: - Accept the loss. Cut it loose. - Redeploy into high-conviction leveraged plays — QLD, other 2x,3x if you're bullish on tech/AI. - Let leveraged positions do the heavy lifting in a bull market. You don't recover by waiting. You recover by positioning for what's next. I used to think selling a loser meant admitting defeat. This is sunk cost bias! Then I realized: the best investors aren't afraid to harvest losses and rotate into the next big theme. That's how you actually make it back — faster, smarter, and better. What's one losing position you're holding that could be redeployed into a leveraged play you actually believe in?​