Calls
2
Rupert Mitchell
Analyst, Blind Squirrel Macro
Win Rate
100.0%
return
+4.8%
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Ticker
Side
Mentions
Opened
Entry
P&L
Thesis
Theme
Source
Long
May 26
$207.74
+3.3%
The SpaceX IPO will create massive supply pressure on the top of the S&P 500, as passive funds must sell existing mega-cap stocks to raise cash for the new inclusion, and hedge funds warehouse the stock. This will cause the equal-weight S&P 500 (RSP) to outperform the mega-cap MAG7 stocks until the deal is fully seasoned, likely 9-12 months.
Equity Indexes
Short
May 26
$435.35
+6.4%
Ahead of the SpaceX IPO, fanboys will rotate out of Tesla into the new SpaceX stock, causing selling pressure on Tesla. Shorting Tesla is the midcurve trade into the IPO.
Autos & EV
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Rupert Mitchell has 2 trade ideas tracked on Buzzberg across 2 tickers since May 2026. Most covered: SPY, TSLA, MAG7.
