Good Wednesday morning. Brief update this morning. The Supreme Court may rule on Trumps tariff policies today. Should we get a negative ruling we expect any downdraft to be short-lived. We’ve launched Parabolic Options #24 and have our first position selected should the markets react negatively to the SCOTUS ruling.

While our major indexes are trading at heavily overbought levels and may go through a short term “pause” period, what’s most important is that this melt-up bull market remains fully intact. The Dow Jones fell 398 points yesterday with the S&P 500, Nasdaq and small caps just slightly lower.

Importantly, our markets directional leaders (and our primary liquidity indicators), the semis and bitcoin continue to flash buy signals. What we’ve learned over the years is that when the semis and bitcoin are moving in the same direction, this is “without question” the side of the market we want to be on. In addition, each of our leveraged ETF positions continue to move higher...