The market does not care about your reasons. Today was the new Fed chair's first big day, Kevin Warsh behind the podium, rates left right where they were. And the second he opened his mouth, my inbox filled up with people telling me exactly why the market was about to fall apart. Credit. Inflation. AI overspending. The bond market. Everybody had a reason. So let me riddle you this, my friends. Why today? Every one of those reasons was already true yesterday. They were true last week. None of it is new. So if you want to tell me the market is selling off today because of credit, you had better be able to tell me why it did not sell off on all the days that exact same problem was sitting right there in plain sight. I have been doing this long enough to know the answer. And once

Missing a trade has never cost me a dime. Chasing one has. And honey, that is the difference almost nobody wants to hear right now, with this market ripping and everybody feeling like they have to be in on every single thing. You know the moment I'm talking about. You had your eye on something, you waited a beat too long, and it took off without you. Now it's sitting there 10, 15, 20 percent higher, and that little voice starts up. Just get in now. Don't miss it. It's still going. No, babe. If the price is already past where you wanted in, don't chase it, my friends. That is not how you win at this. I don't go back to the well. Once a trade gets away from me, it's gone, and I let it be gone. Because here is the part the chasers forget. The market is

SpaceX closed at $192.45 today, and my inbox is absolutely on fire. How do I trade it? What moving average? How do I day trade this thing? Yada, yada, yada. I have been getting these questions all day, so let me give you the bad news and the good news. Bad news first. You cannot use your technicals on this yet. No volume profile, no 50-day, no 100-day. This thing has a two-day moving average, the cutest little birthday I have ever heard, and it cannot tell you a thing. Good news? There is one thing that works on a brand-new IPO, and it is not technicals. It is price, because price is what pays us. It already told us this rocket was about to take off before it did, and it is the only thing I am using to trade SpaceX right now. I am long this thing, I