The market gapped up 3.5% today on the Trump tariff reversal. If you chased the open, you got smoked. Tesla, Palantir, ASTS — all faded hard off the first candle.
But it was still one of the best days we've had in a while. The setup was simple: wait for the first dip, then play it. Photonics was hot. Memory was hot. The old plays are waking up.
My take — any weakness from here probably gets bought. We might not be breaking out of the range, but there's 40 points of upside to the top. That's plenty.