Thread Guy recaps a market day with S&P at all-time highs and semis surging while crypto lags. He discusses personal anecdotes, the Ferrari EV unveiling, and the Pope's partnership with Anthropic. He shares a bullish trade idea on Reddit and Shopify via put selling, and a conditional watch on copper breaking above its prior high.
- S&P 500 closed at a new all-time high, up 61 points.
- Semiconductor stocks, especially Micron, saw massive gains.
- Crypto underperformed with Bitcoin and altcoins falling.
- Thread Guy broke his rule by selling semis for altcoins and regretted it.
- He endorsed Amit's Reddit and Shopify long positions and sold puts on both.
- He expressed conditional interest in copper if it breaks above prior all-time high.
- Ferrari's new EV was unveiled, causing the stock to drop 5.5%.
- The Pope officially partnered with Anthropic to discuss AI ethics.