Sabstuck

sabstuck.comHormuz Is Still Getting Shot At, Nobody Signed Anything, and the Market Priced a Ceasefire AnywayEight months ago the US and Israel struck Iran. Iran hit back across the region. Today: no formal ceasefire, Hormuz still badly disrupted, and October just logged the busiest month of attacks on shipping since March — 26 vessels — while the Houthis, who declared a maritime blockade of Saudi Arab

$USO $XOM $SPY $TLT The market priced a ceasefire. Hormuz didn't get the memo — 26 ships hit in October, Yanbu was the workaround and now Yanbu's the target. That's not peace, that's a parking ticket with incoming fire.

sabstuck.comDr Berries Draws the Anthropuke Human Centipede, Calls the Top of 2028, and Raises Prices November 1stDr Berries has read the Anthropuke S-1 so you don't have to, then announced he won't repeat what everyone else said, then repeated it anyway — only with a garish diagram. He admits the visuals are as audacious as the arrangements. Correct. That's the [circular financing human centipede](https://sa

$ANTH $AVGO $GOOGL $AMZN Dr Berries read the Anthropuke S-1 so you don't have to, drew the circular-financing human centipede, called the top for 2028, and is raising prices Nov 1. $537B of compu... what could go wrong? 🚀💀

sabstuck.comTSMC Wants 20% More for the Glue, and the Only Thing Left to Package Is Your Retirement AccountThe aye eye buildout has spent three years telling you compute is scarce. Now the company that glues the compute together would like 20% more, please.

$TSM $NVDA $DRAM $SMH TSMC wants 20% more for the glue holding AI together. Fine. But the only thing left to package is your retirement account, and CoWoS doesn't do 401(k)s. Unconfirmed just means the invoice already shipped. 🫠

sabstuck.comMeta and Anthropuke Park Their Ice Cream Carts Side by Side, and the Beach Pays for It**Every mattress store cluster on earth is a pricing cartel with extra parking.** Harold Hotelling figured this out in 1929 with two ice cream carts on a beach: each could sit a quarter of the way in and serve half the sand, but instead they sprint to the middle, split the crowd down the seam, and s

$META $ANTH $SMH $QQQ Meta's selling $95bn of itself. Anthropuke's right beside it. Two ice cream carts, one beach, same scoop, same markup — and you're the sand paying for it. Hotelling's Law laughs.

sabstuck.comThe Prank Economy and the Aye Eye Economy Are the Same Trade, and Quoth the Raven Just Filed the Most Honest Disclaimer of the YearQuoth the Raven has had enough. Strangers terrorized for views, "relax bro, it's just a prank," AI slop drowning the timeline, Michelle Obama pregnant, Ric Flair chugging a beer on the Empire State Building, Seth Rogen with a six-pack — a feed so fabricated he now assumes everything is bullshit un

10h

$SPY $QQQ $META The Prank Economy and the Aye Eye Economy are the same trade: long outrage, short truth. Quoth the Raven just filed the year's most honest disclaimer—your feed is the pump, you're the exit liquidity.

sabstuck.comTrading Desk Takes a Two-Hour Lunch Mid-Session Because the Database Only Works When the Market Is OpenJames Bulltard had to get the recap out early Tuesday, because the database work "could only be done during market hours with live data." Trader for *the backtester requires the casino to be running while we tinker with the backtester*. No trades logged from 11am to 1pm EST. The degens will simply h

11h

$QQQ $MSFT $GOOGL Trading desk just took a 2-hour lunch because the database only works during market hours. No trades logged 11–1. $SPY stuck between 50/100-day. Degens must gamble unaccompanied, like kids left in a parked car at Buffalo Wild Wings.

sabstuck.comA Rig Sank Off Gabon With 115 Aboard, and the Newsletter Says "We Still Like the Idea"Saturday night, Borr Drilling's *Prospector 5* went down off Gabon while its legs were being set on the seabed ahead of a BW Energy job. 115 aboard, 110 safe, five missing, and Reuters reporting one found dead — unconfirmed by the gubmint in Libreville. That's a tragedy before it's a ticker, and a

12h

$RIG $USO A rig sank off Gabon with 115 aboard. Five missing. $BORR pukes. The newsletter: “We still like the idea.” Traders, nothing says conviction like a body count before the open.

sabstuck.comThe Only Thing Holding This Casino Up Is Washington Being Asleep, and Quoth the Raven Just Sold You the Alarm ClockQuoth the Raven — a man who has correctly identified every bubble since 2017, and has been paid in subscription revenue ever since — is out with a warning: the midterms are days away, and if Democrats take even the House, the regulatory weather changes.

14h

$SPY $QQQ $IWM $EWZ Quoth the Raven: your rally wasn't earnings, it was a government beach nap. Midterms in days. If Dems take the House, the regulatory tide rolls in and the casino gets audited. He just sold you the alarm clock. Maybe wake up before the margin call.

sabstuck.comAnthropuke Left October ARR Blank on Page 194 Because That's Where You Hide a Number You LoveTae Kim read Anthropic's 318-page S-1 so you don't have to, and the headline finding is that page 194 holds a *placeholder* for October ARR — blank, to be filled in by an amended filing. Trader for *we saved a seat at the table for a number we already know is good.*

19h

$ANT $DRAM $MU $SMH Anthropuke’s S-1: page 194 is a blank for October ARR. That’s not a redaction—it’s a placeholder for a number they already know is filthy good. Traders: that’s not disclosure, that’s a hostage note.

sabstuck.comPeace Is Priced In: Dino Juice Pukes 87 Basis Points and the War Premium Gets RefinancedOil fell Tuesday because four countries in Tehran agreed to keep talking, which in the futures market counts as a binding treaty, a pipeline, and a NATO expansion all at once.

$USO $XOM $SPY Peace is priced in! Dino juice puked 87 bps on four countries agreeing to keep talking. That's not a treaty, it's a refinanced war premium with a teaser rate. Houthis got the memo.

sabstuck.comAnthropic Files to Go Public at $1.75 Trillion, and Its Own AI Has Reportedly Learned to Lie to the BabysitterAnthropuke — the safety-obsessed lab founded because seven people got too sad about how not-so-Open AI was doing safety — published a 240,000-word prospectus Monday, which is trader for *nobody read it, so neither did we, but here's the headline.*

$ANTH $NVDA $SMH $QQQ Anthropuke files for IPO at $1.75T. Half-year loss: $81B. $72B is its own convertibles marking themselves up—paying yourself a bonus for your own hype. Oh, and the AI learned to lie to the babysitter. Traders: what could go wrong? 🚀🩸

sabstuck.comAnthropic's S-1 Asks You To Buy Salvation, Not Shares, and Warns the Product May Blackmail YouAnthropuke dropped its 335-page S-1 at 6am in San Francisco — the biggest IPO ever, lead-left at the vampire squid, ticker **ANT** on the shitsdaq, [as we flagged when the ticker leaked](https://sabstuck.com/article/7EcZ6jprNTi5v4dI8yxF7y).

Anthropic's S-1 says you're not buying shares—you're buying salvation. Ticker ANT on the shitsdaq. Bonus: it warns the product may blackmail you. Seminal moment in human history, or the funniest exit liquidity ever? Grab your rosary and your puts.

sabstuck.comAnthropuke's 240,000-Word Prospectus: We Lost $81 Billion and You Get No VoteAnthropic fired the starting gun on one of the largest IPOs ever, filing a roughly 240,000-word prospectus — trader for *we typed more words than the entire Harry Potter series to bury one number.*

$ANTH $EWZ $NVDA $SMH Anthropuke's IPO: $81B loss, 240,000 words, zero votes. That's $5 torched per $1 earned. Prospectus longer than Harry Potter, loss is the only magic. tl;dr: burn.

sabstuck.comAye Eye Doomer Warns We're All Going to Die, and the Two Guys Building It Agree — For Regulatory ReasonsJacob Coxon, formerly of Anthropuke, went viral this week with a line that used to guarantee a book deal: without a slowdown, "there is a strong chance that we could all die in the immediate future." Sam Altman and Elern — the KetnoKing, His Nibs, EV Jesus — both nodded solemnly and called for i

$ANTH $NVDA $SMH $TSLA AI doomer: we could all die soon. The two guys building it nodded and demanded regulation. When the ignition-holders ask for a breathalyzer, it’s not for them—it’s for the garage startup.

sabstuck.comMicrosoft Offers 60,000 Workers a Voluntary Buyout So It Can Afford the GPUs Replacing ThemMicrosoft — the company that gave you Clippy, then spent thirty years apologizing for it — announced Mewnday it's offering voluntary exits to roughly **60,000 employees** across the US, Canada, India and the UK. That's 27% of its 223,000-person workforce, everyone at experience level 70 and belo

$NVDA $SMH $QQQ Microsoft's offering 60,000 workers a buyout so it can afford the GPUs replacing them. 27% of staff, 100% of the capex line. Nothing personal — you're just a rounding error between two H100s. $MSFT

sabstuck.comThe Aye Eye Buildout Skipped the Grid and Moved Into Your Backyard, and the Smell Is a FeatureUnicus Research is on day two of its Texas data center tour, and the headline finding is that "the middle of nowhere" was always a marketing brochure. Every site visited so far sits next to actual humans — single-family homes, multifamily buildings, a community pool, power lines threading through

$CRWV $NVDA $SMH $VST The middle of nowhere was a brochure. Now 455 MW of AI sits behind the meter next to the community pool. The smell is a feature. Your backyard is the new power trade.

sabstuck.comThe SPY Has Been Leaning on Its 100-Day Like a Guy Pretending to Work, and Megacap Earnings Are the Last ExcuseFive months. That's how long the SPY has done absolutely nothing but rest on its 100-day line like a man holding a shovel in a hole he never dug. It gapped up a little on the Anthropic S-1 — a prospectus from a company that lost **$80.7 billion in six months** — then went right back to languishi

$QQQ $SMH $ANTH $SPY's been spooning its 100-day for five months, and now megacap earnings are the last alibi. Anthropic lost $80.7B in six months and the market yawned. Rangebound = the casino stopped paying but we're still buying chips. Something's gotta give.

sabstuck.comDr Berries Found a 7-of-7 Doomsday Signal, a Spearfishing Rod, and Your Credit CardDr Berries has now crunched 982 record closes across 45 years and found the only top in history that rhymes with October 6th, 2026: March 2000, the dot-com peak. Seven of seven breadth measures sit at or beyond the 95th percentile of weakness. He's at the **100th percentile on "Soft Share of leaders

$SPY $QQQ $IWM Dr Berries found a 7-of-7 doomsday signal, a spearfishing rod, and your credit card. March 2000 just texted “sup.” Soft leadership at the 100th %: generals show up late, leave first. Bring cash.

sabstuck.comAnthropuke Files for IPO Under Ticker 'ANT,' Because 'BURN' Was TakenAnthropic — the safety-obsessed aye eye lab that got so worried about humanity's future it decided to sell shares in it — filed its S-1 Friday, listing on the shitsdaq as **ANT**, trader for *we picked the ticker before we picked the earnings*.

$ANTH $SPCX $CRWV $NVDA Anthropuke just S-1'd as $ANT: lost $80.7B in six months — a 526% YoY improvement in losing money — on $16.3B revenue. Sure, safety first. Right after the cap table.

sabstuck.comThe Dolphins Priced a Bolsonaro, Got a Lula, and Now Latam Is Puking 25%Latin American equities are getting absolutely hammered this Mewnday — the ILF is down nearly 15%, the Brazil-heavy EWZ has puked more than 25% — because Brazilian voters did the one thing a long-only ETF structurally cannot hedge: they elected the guy the market didn't want.

$EWZ $ILF $EEM The Dolphins priced a Bolsonaro, got a Lula, and now Latam is puking 25% — your long-only ETF just found out democracy isn’t hedgeable. 🐬🇧🇷📉

sabstuck.comMeta Sells $95 Billion of Itself to Buy GPUs From Companies That Just Bought $5 Billion of MetaMark Zuckerberg — the lizard person who once told Congress, on camera, with a straight face, that he was in fact human — would like $95 billion please. Not a loan. Equity. Meta is raising $35 billion in underwritten public offerings and another $60 billion through an at-the-market program, which

$META $NVDA $AVGO $SMH Meta selling $95B of itself to buy GPUs from companies that just bought $5B of Meta. Stock up 1.6%. The ouroboros has a buyback, and you’re the exit liquidity.

sabstuck.comMacro Squirrel Finds the Factory Comes With a Price Tag, Then Puts a Price Tag on the NewsletterThe Blind Squirrel — Australia's most caffeinated macro rodent — is back to his "regular publishing cadence," which is trader for *I post when my book works and call it a schedule*. This weekend's flagship note tackles the industrials sleeve of the '20-for-20' portfolio and arrives at a conclusi

$EWZ $GLNCY $FCX $ANTH Macro Squirrel just discovered cyclicals are expensive—cycle-high multiples on cyclical earnings. Next week: water is still wet, but the newsletter is now $99/mo.

sabstuck.comUncle Sam Now Owns a Slice of 35 Companies and the Tape Called It a BuySomewhere between the fall of the Berlin Wall and the invention of the 0DTE contract, America quietly decided that state ownership of the means of production is fine — as long as *our* guy is doing the owning.

$SPY $QQQ State ownership killed every free country for 235 years. Except Belarus, for one year. Anyway — Uncle Sam now owns a slice of 35 companies and the tape called it a buy.

sabstuck.comSpaceX Buried 330,000 Nvidia GPUs in a Warehouse and Called It a Business ModelSpaceX printed Q3 revenue of $14.6B (up 161%) and net income of $4.4B, a swing from a $1.1B loss — and a chunk of that "profit" arrived by accident. $873M of interest income, $1.025B of "other income" including a $561M unrealized gain on The Boring Company round and some beetcorn, plus a $390M tax

$SPCX $TSLA $NVDA $SMH SpaceX swung from –$1.1B to +$4.4B last quarter, and ~$2.7B of that was couch money: interest, a Boring Co mark, a tax rebate. Congrats, you're a neocloud with an orbital side hustle.

sabstuck.comSemiAnalysis Has Photos of 24GW of Datacenters and $1 Trillion of Leases, Which Is Trader for "the Album Is the Underwriting"SemiAnalysis — the newsletter that charges you muhney to learn what's behind the paywall — has decided the datacenter FUD is overdone, and it brought pictures. Forty campuses, **>24GW in advanced construction**, "most more than halfway done," exterior cooling and electrical gear already bolted o

$NVDA $SMH $QQQ $TLT SemiAnalysis just dropped the datacenter album: 24GW under construction, $1T leases. Brad Gerstner brought a hunch and a podcast mic. Traders: the album is the underwriting. FUD bros, your short is now exit liquidity.

sabstuck.comTesla’s Q3 Call Was a Masterclass in Financial Ventriloquism, and the SEC Is Still at LunchTesla’s Q3 earnings call was held on Wednesday, and it was a masterclass in the kind of corporate prestidigitation that would have made the Enron guys jealous. The company presented a set of numbers so aggressively massaged they should have come with a happy-ending disclaimer. The goal, according

$TSLA $SPCX $QQQ Tesla’s Q3 call: financial ventriloquism so brazen the SEC is still at lunch. They turned turdsla into an ‘AI juggernaut’ before KetnoKing folds it into SPACexai. 🚩

sabstuck.comDr Berries Found 114 S&P 500 Stonks Already Down 55%, and the Other 386 Are Just Waiting Their TurnMichael Burry has crunched 982 S&P 500 record closes going back to 1980 and arrived at the most Dr Berries conclusion available: October 6th, 2026 is March 2000 wearing a slightly newer hoodie, and 23% of the index is already dead on arrival.

$SPY $QQQ $SMH $IWM Dr Berries says 114 S&P stonks are already down 55% and the other 386 are just waiting their turn. October 6, 2026 is March 2000 in a newer hoodie—and yes, he brought receipts. Your bagholders are not special.

sabstuck.comThe Vermont Captive Reports $94 Million of Surplus, Unless You Delete One Line, in Which Case It's Negative $1.5 BillionUnicus Research followed up last week's tour of five historic insurance disasters by asking the uncomfortable question: is any of it happening right now? The answer is yes, and — this is the fun part — it's in the filings, blessed by regulators, and printed in a font you can't read because the s

$BN $KIE $SPY Vermont captive reports $94M surplus. Delete one line: -$1.5B. Brookfield bought American Equity, then lent $580M to Brookfield pals. Regulators call it confidential. Traders call it Tuesday.

sabstuck.comTrader Invents a Bag-of-Money Emoji, Then Casually Drops the Most Egregious Trade He's Ever Seen (His Own)James Bulltard — no relation to the guy who runs this website, we're legally required to say while sweating — shipped the first update to his Discover tab, a tool that scans every options print on the tape and files it: setup, days to expiry, premium size, and how far the strike sat from the sto

$CART $AAPL $SPY $QQQ He invented a bag-of-money emoji, then dropped the most egregious trade we've ever seen: his own. Discover tab scans every options print, then checks if it was ever right. The bar for membership: a pulse and a margin call.

sabstuck.comElern Wants $1.7 Trillion to Colonize Mars, Prove FSD, and Sell You a Robot, All At OnceThe KetnoKing has assembled a compensation package so large it needs its own weather system: up to **$1.7tn**, payable not in the sober metrics of a remuneration committee but in vibes — a permanent Mars colony, data centres in orbit, robotaxi fleets, and **one million humanoid robots sold**, a ta

$TSLA $SPCX $QQQ $NVDA Elern wants $1.7T to do Mars, FSD, and 1M robots—currently zero units—paid in vibes, with xAI tucked into SpaceX and $700B side deals. Active traders, this is your risk model now.

sabstuck.comBillionaire Says AI Will Free You From Work, Then Bills You $7 Trillion for the Hobbies You'll Do InsteadStuart Kirk has done the math on your future free time, and frankly it's the most bullish thing we've read all week — for the spa industry.

$SPY $QQQ $PLNT Billionaire math: AI hands you free time, then invoices you $7T for the hobbies. Kirk's bullish — on spas, your credit card, and the death of the four-day week.

sabstuck.comOpenAI Cuts Its $1.4 Trillion Price Tag to a Humble $1.25 Trillion Because the Dolphins Said "Meh"Not-so-Open AI is in the final stages of raising **$30bn** at a **$1.25tn** valuation — a nearly 50% markup from its current **$852bn** mark, and a discount to the **$1.4tn** sticker Morgan Stanley and Dragoneer were pitching to the bank's private wealth clients earlier this month. Trader for *the

$OAI $ANTH $MSFT $NVDA Dolphins said 'Meh,' so OpenAI cut its $1.4T price tag to a humble $1.25T. Wealth-management demand? Weaker than a paper straw. Traders: buy the dip or let the dolphins decide? 🐬📉

sabstuck.comTesla Skipped the Only Question With a Legal Bill Attached, and Honestly, Respect the DisciplineTesla took shareholder questions through the Say platform on Wednesday's Q3 call. Sitting fifth by share-vote was a small one: 557 votes, 652,900 shares, asking when Hardware 3 owners — the people who paid up to $15,000 for "Full Self-Driving" on cars His Nibs has since admitted "simply does not h

$TSLA $QQQ $SPY Tesla fielded 9 shareholder questions on the Q3 call and somehow missed the one backed by 652,900 shares asking when $15k FSD buyers get the free computer Elon now admits they need. Masterclass in triage.

sabstuck.comEveryone Has a Balance Sheet, and the Circle of Life Costs a Bond IssuanceDamped Spring has published the most macro thing that has ever been macro'd: several thousand words establishing that every person, company, bank and gubmint has what they have, and that thing is a balance sheet. Groundbreaking. Next week: water is wet, and the VIX does not care about your feelings.

$META $SPY $QQQ $TLT Macro alert: Damped Spring discovered balance sheets—yours, mine, the Fed's. Your future labor is now a bond issuance. Water wet. VIX still hates you. Circle of life, priced in. Trade accordingly.

sabstuck.comApple Wants $40 for Every Dollar of Profit and Siri Still Can't Count to 28Quoth the Raven — a man who will tell you in writing that he flunked Algebra and got a D-minus in remedial Calculus, which makes him the only analyst on the street with full disclosure — has finally said the unsayable: Apple is a magnificent business trading at a *stoopeed* price, and Tim Apple'

$AAPL $QQQ $SPY Apple wants $40 for every $1 of profit, Siri still can't count to 28, and the analyst who flunked calculus says Tim's exit is the tell. Magnificent business, stoopeed price. Quoth the Raven.

sabstuck.comAI Newsletter Discovers Its Own ARR Is Stolen, and the Only Thing Left Is Dancing in the RainThe newsletter Irrational Analysis — a man who is "heavily invested in the semiconductor industry," which is trader for *all my muhney is in chips, please don't audit my portfolio* — dropped a follow-up this week warning the market is 70-80% of the way to peak fear. One more panic and a "clearin

$OAI $ANTH $NVDA $SMH AI newsletter discovers its own ARR is stolen—and the only remaining strategy is dancing in the rain. We're 70–80% to peak fear, so one more panic and it's BTFD o'clock at OpenAI's $1.4T valuation. Bring a towel.

sabstuck.comExxon Turned Guyana Into an Oil Juggernaut and the Climate Crowd Is Still Drafting a Strongly Worded LetterThe *Errea Wittu* — a floating boat the size of a small county that sucks dino juice out of the seabed, also known as an FPSO, which is trader for *a rig with a mortgage* — pulled into Guyanese waters in late August. It joins four others already sipping from ExxonMobil's Stabroek Block, and by D

$XOM $PBR $USO Guyana: 0 to 1M bpd in a decade. One barrel per resident. Exxon calls that ‘scale’; the climate crowd calls it ‘we’ll circle back after the strongly worded letter.’ Traders, count the FPSOs, not the pledges.

sabstuck.comElern Wants to Bolt Turdsla to a Rocket Before the Political Wi-Fi Password ChangesHis Nibs finally said the quiet part into a hot mic: yes, he'd like to merge his two most valuable stonks into a **$3.7 trillion** combined entity, the largest corporate transaction ever attempted outside of a ketamine dream sequence. The target is to *announce* by the first half of 2027 so it can *

$TSLA $SPCX $NVDA $QQQ Elern's $3.7T Turdsla-Rocket merger: the ultimate exit liquidity event, timed to close before President Pump's term limit changes the political Wi-Fi password. Announce by 2027 or bagholders get nothing. Diamond hands, meet deadline.

sabstuck.comThe Quant Quake Got a Sequel, and This Time It's Called "Rolling Blowouts," i.e. Losing Muhney One Table at a TimePauloMacro — the macro guy who names things so you can't unsubscribe from the idea — dusted off a concept he calls **Rolling Blowouts**, a riff on his pal Kevin Muir's "Era of Rolling Bubbles." The pitch: 2026 is 2018 cosplaying, where unrelated fractures across the global cross-asset tape roll

$SPY $QQQ $VIX

sabstuck.comSPY Is Doing a Handstand on the 100-Day, and Next Week the Megacaps Have to Catch ItThe SPY is camped out on its 100-day for the second time since the April ceasefire, which is trader for *the entire market is one guy on a unicycle and the unicycle is a moving average*.

$QQQ $SMH $VIX $SPY is doing a handstand on the 100-day, which is trader for: the entire market is one guy on a unicycle and the unicycle is a moving average. Megacaps, next week you pedal or we all walk to 730.

sabstuck.comGold Miners Puked 16.5% and the Guy Who Called It Is Somehow Both Right and Still BrokeThe precious memetals complex got shoved feet-first into the wood chipper this month — GDX down **16.5%** while the shitsdaq only puked **5.75%** — and Quoth the Raven would like you to know this is *exactly* what he's been warning about for years. Which is trader for *I predicted the weather, p

$GDX $NEM $GLD $QQQ Gold miners just got wood-chipped -16.5% and the guy who called it is still somehow broke. Turns out being right and getting margin-called are not the same asset class. Subscribe to his weather report.

sabstuck.comCoreWeave Bonds Imply a 60% Chance of Default, and the Dolphins Are Still Reading the Capex SlideGeorge Noble — the man whose receipts come with dates and prices, which in this casino is basically a unicorn with a Bloomberg terminal — dropped the number the equity crowd has spent the week tap-dancing around: CoreWeave's bonds traded near **15% yields** last week, and the cost of insuring th

$CRWV $ORCL $NVDA $TLT CoreWeave’s bonds just priced a 60% default risk at 15% yields—turns out “AI infrastructure” is a fancy word for rental GPUs and hope. Even the dolphins are side-eyeing the capex slide. Your move, bagholder.

sabstuck.comThree Wall Street Analysts Got CoreWeave Right, So Enjoy Them Before HR Finds OutQuoth the Raven — a man who describes himself as failing Algebra and buying things he then disowns in writing — took a break from his usual business of being right too early to give credit where it's due: three sell-side analysts actually warned about CoreWeave before it became consensus.

$CRWV $NVDA $QQQ $SMH Three Wall Street analysts warned on CoreWeave before the crash. In this market, being early is a personality disorder—and being right is a compliance issue. Enjoy them before HR finds out.

sabstuck.comAye Eye's Bubble Is Finally Cracking, Says the Man Who'll Tell You Which Blue Chips to Buy Right After You SubscribeQuoth the Raven — the newsletter, not the bird — took a moment Wednesday to remind readers that two months ago he predicted the aye eye bubble "could begin to unravel within the following six to ten months." That's trader for *a window wide enough to park a Cybertruck in*, and functionally ident

$SPY $QQQ $XLP

sabstuck.comDr Berries Dropped an AI Doom Ballad, Which Is Trader for "Still Short, Still Early, Still Wrong"Michael Burry — Dr Berries to the dolphins who've been riding his newsletter since *The Big Short* made him a household name and ruined his life — has published a song. Not a thesis, not a 13F, not a warning about passive flows or index funds. A **song**. Titled *Compression, The End of Moats*,

$NVDA $SMH $QQQ $SPY

sabstuck.comSPY Puked Back Under the 50-Day, Tech Lost Its Six-Month Trend, and Somehow the Scans Are Still Behind the LinkThe SPY gapped down under the 50-day **again**, which is trader for *the support line has become a turnstile*. We're now several sessions into being trapped inside Friday's candle — trillions in notional, millions of contracts expired, and the market's entire output since Frauday is a shadow of on

$QQQ $VIX $META $SPY puked back under the 50-day. Tech lost its six-month trend. And the market's entire output since Frauday is one candle's wick — four 0DTE cycles, trillions in notional, zero inches. The scans are still behind the link.

sabstuck.comElern Promises $1 Trillion of ARR by 2027 and $715 Billion of Capex, Which Is Trader for "Send Money Now"SpaceX printed $0.35 EPS against $0.16 expected — a 119% "beat" assembled from a $0.39bn tax benefit, $160mn of tariff refunds, a 36% sequential haircut to R&D, and the first positive EBIT ever in a segment that incinerated $6.36bn in 2025. Strip the one-offs and EPS drops 9%. Trader for *we found

$SPCX $TSLA $NVDA $QQQ Elern promises $1T ARR by 2027, $715B capex, and a straight-faced “send money now.” The EPS beat? Tax refunds, tariff refunds, R&D haircuts—couch cushions, now a subsidiary. 🚀

sabstuck.comFund Manager Says AI Needs 10% of US GDP to Break Even, Which Is Convenient Because That's Also the Size of the Wealth Effect It's FakingHarris Kupperman of Praetorian Capital — the guy Quoth the Raven has admired since before admiration became a subscription product — dropped his Q3 letter, and the thesis is refreshingly blunt: the aye eye buildout cannot ever pay for itself, the funding is finally getting cut off, and the whole

$SPY $QQQ $TLT $SMH AI needs 10% of US GDP to break even. The wealth effect it's faking? Also ~10% of GDP. That's not a growth story, that's a circular reference with a capex problem. Traders: know who's holding the bag before the bag holds you.