Flashing extreme overbought

Gold has surged ~17% since tapping its steep trend line and bouncing off the 50-day—now it's soaring far above the 21-day, flashing extreme overbought signals and upside panic. With $2B in notional buying this Monday alone and rising chatter of de-dollarization, even programmatic trades are chasing the squeeze.

Is Fed independence under fire?

Trump’s attacks on “Mr. Too Late,” legal threats to Powell’s job, and the economic stress from Tariff Turmoil (TTT) could reshape central banking as we know it.

Bull market or bull trap? Depends who's still long...

Retail’s all-in. Hedge funds are split. Systematics pulled $53B. The Mag 7? Losing shine. Leverage? Maxed on one side, flat on the other. It’s the most confused market in years—flows, fear, and FOMO all collide. Everyone’s a contrarian, but history says: you don’t get bull markets without bulls.