With SPX and QQQ hitting fresh all-time highs, the SOX is up 224% in 13 months. The top 10 Nasdaq 100 performers have averaged 784% gains over the past year — exceeding both the 1999 and 2000 bubble peaks.
Meanwhile, consumer sentiment sits at a record low. The entire market narrative rests on two letters: AI.
No one can predict the day it ends, the upward trend might keep going for a while, however if you would like to pay insurance to hedge the risk, you may consider ROLPH trade.
Remember, follow our rules learnt in session 6, 2% of your portfolio at most as an insurance, you may also tranche in, don't use up all your 2% at once. And this is not a trade to make money, it's an insurance for black swan.