Uncertain AI-capex profits and higher oil costs from Iran still threaten US stocks. The SPCX-Nvidia deal brought much-needed overnight inflows to chips and is shifting sentiment, but tech's waterfall decline will not heal with a sharp V-bottom. Be prepared for a big fade. x.com 

US technology shares are way overvalued for realistic growth expectations. Their decline is a repricing toward more reasonable expectations, not the Black Monday-style crash some over-leveraged tech holders predict. x.com  x.com 

Anthropic's S-1 and @UncleAlpha007's claim that Microsoft is growing despite a 27% headcount cut have turned the near-term tech-equity view bullish. At least a tradable rally is expected; further upside depends on Iran developments and PCE. Stay nimble. x.com  x.com 

Tech stocks face a grim May 2026 as the market story rolls from Hormuz and oil to a financial and economic crash and deflation. Brent and US crude are selling off, with a run through $68 and further downside possible, contrary to calls for $250+ oil. Banks are also at risk as the stagflation narrative gives way to deflation. x.com 

US tech stocks were due for a pullback after five or six straight up days, with long positioning very high and leverage piled up, so even neutral-to-negative news can trigger synchronized quant selling and deleveraging. Treasury yields near record highs are the backdrop, not the cause: high rates make markets fragile and amplify volatility, but a rate-driven drop would show yields gapping higher premarket alongside futures. The correction is normal, not a sign the sky is falling. x.com 

The Iran war, rising oil prices and inflationary pressure do not yet look severe enough to trigger a major economic crisis. Despite some deterioration in the macro picture and short-term volatility, the broader picture remains relatively healthy and the long-term outlook for US large-cap and Nasdaq 100 stocks is very positive. x.com 

Tech stocks will get wrecked when AI merely opens new avenues for productivity without dramatic change, since AI bulls are selling a pie-in-the-sky superintelligence story. That modest outcome, raised by @UrInsideMan, is what will actually happen. x.com 

US stocks face persistent uncertainty around the midterms through year-end as military-strike risk remains unresolved. Until a strike occurs or a genuine peace deal is signed, the market cannot price that risk confidently. x.com 

US tech stocks now look attractively valued after selling off into a very solid earnings season. Geopolitical risks keep growing, though, and sentiment has swung from risk-on in June to risk-off in July. x.com 

US stocks could see a sizable pullback into the midterms as Trump's declared economic warfare on Iran invites escalation. Trump threatened tremendous consequences for Iran's backers, which amounts to asking Iran to escalate and respond against the US. x.com