Deep Dive
Summer slump is real but not empty
James opens by noting the market is in summer doldrums — low volume, choppy action, things moving in no man's land. The S&P 500 is hovering around 7,500 just shy of the 7,600 alltime high. The Nasdaq is worse off, with trend turning negative and a sell signal. Bitcoin can't decide where it wants to go, bouncing between $59K and $60K, but the overall trend is still up with buy signals intact. James emphasizes this is exactly when to hunt for setups — when volume is thin, dislocations happen and you can catch things at their killboxes. The key is having a watchlist of 200 names and checking it every morning.
Broadcom's Apple windfall and the custom silicon boom
Broadcom announced a $30 billion, seven-year deal with Apple for custom silicon, and JP Morgan slapped a $500-600 price target on it. James calculates the average Wall Street target is $520, which sits 34% above current levels. The alltime high is $495, so we're talking new territory. Custom silicon is the real story — Broadcom makes GPUs and TPUs for Google, Anthropic, and now Apple. Everybody wants their stuff. The stock just flipped a buy signal for the first time since mid-June. James was actually hoping to wait under $350 to get in greedy, but missed it. The lesson: when something has bright futures and gets good news, don't wait for a lower entry.
Palantir at the killbox: 87% upside if you buy the dip
Palantir hit exactly where James has been waiting — the killbox just above level three, around $106.75. He bought two to three weeks ago and it's already up 24% in 13 days. The stock has a very clear buy signal and is choppy but violent. James projects $180-200 by year-end, which is 51% upside from today's $131. But here's the math that matters: if you had bought at the dip of $106.75 instead of today, you'd get 87.68% upside to $200 instead of 51%. That nearly 40-percentage-point difference is why he obsesses over dips. Palantir's financials are insane — earnings growth off the charts, and they're printing money from government and military contracts worldwide.
SpaceX dip and the Tesla-SpaceX pair trade
SpaceX hit an alltime low of $145.19 today, and James had been waiting for this moment. He executed a sophisticated options strategy that gives him SpaceX cheaper than the IPO with minimal cash outlay and huge leverage. By the time he pulled the real-time quote, it had bounced to $149.39 — he missed the absolute bottom by just $4 but confirmed the trade alert for his Patreon subscribers. More important is the Tesla-SpaceX pair chart, which has been trading at exactly 2.66 shares of SpaceX per Tesla share for the longest time. Alltime high for that ratio is 10. When the pair deviates, it's time to rotate tax-free between the two. James emphasizes these are the same person (Elon) allocating capital, so they move in tandem — and when they don't, you capitalize.
Tech sector mixed signals: Nvidia bouncing, Marvell broken, Qualcomm dead
Nvidia bounced cleanly off its $190-195 support and shot to $205 today, with the mean-reversion model showing buy signals on shorter timeframes. James expects it to revert back up to $228 then down again. He's been holding despite the trade being on a 12-hour downtrend because it's a PE of 20 with massive growth. Marvell, by contrast, broke down hard with a double sell signal at the $320 mark. The optimized trend model is expanding, meaning don't touch it unless there's huge news. Qualcomm is a dud — revenue is down since 2022, earnings are down since 2022. The lesson: price is a function of how much money a company makes. You want earnings growth or a company about to explode earnings, period. AMD and Broadcom are the semiconductors to own, not Qualcomm.
Structural plays: copper, bitcoin gold ratio, solana dominance
Copper is James's only precious metal position because it's so easy to trade. The overarching trend is up — there is literally not enough copper on the planet to electrify it and handle all the data centers being built. Twenty years ago copper was 60 cents; it's 10xed since then and heading to $10. That's 62% upside within a year, maybe two. Bitcoin versus gold is another chart James watches. Right now Bitcoin is trading at 15 ounces of gold per Bitcoin; the alltime high is 40. That ratio should mean-revert, which means Bitcoin is way undervalued. Solana dominance broke above 2%, hitting 2.25% for the first time in a while. For a chain that does everything in crypto, 2% is good but should be 2.8-3% to be fairly valued. The trend is clearly Bitcoin's relative weakness.