rsmracks
Oct 5, 2:22 AM
$SPY
I mentioned a long time ago that margin compression was coming due to higher input costs.
The SPY has already began its roll over internally.
Here’s the crazy thing, it will still go higher.
The issue, it will only fall further in due time.
30% correct will be a gift when it finally happens.
It could fall further.
I called for
$750 2-3 years ago.
That’s been a major resistance area.
Now, here comes the blowoff the top move.
$850?
I still believe we could see SPY
$580
Mainly due to margin calls, deleveraging from ETF’s and Hedge Funds, Stop losses getting triggered, Algo’s rebalancing and then FEAR selling.
Get ready for a bumpy 2027.
The only sectors churning FCF are miners and energy.
Some call for energy to pullback in H1 2027?
Either way, the FCF is unbelievable.
Just wait until we see Q3 and Q4 earnings for the miners.
Oh yeah, the SPY holds less than 5%
I’ve got 85+%
$B $EXK $ET $XOP
https://x.com/ekwufinance/status/2106805390734168543?s=46
0 replies