6/11/2026
Recall last weekend I suggested we watch from the sidelines, this is why. We have the inevitable bounce, and it looks about 50% of the decline. but of course there could be more.
NDX bounced 3.29% today. Here is another reason to watch. See below
Space Exploration Technologies Corp., or SpaceX, priced its long-awaited initial public offering at $135 per share for 555.6 million shares of Class A common stock, according to a prospectus filed with the U.S. Securities and Exchange Commission on Thursday.
this bounce is a wave two, the purpose of which is to reassure that the bull market is still alive. Maybe it is, we'll see tomorrow.

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