Stocks On Sale, Demonic Centaur Robots
572: Markets Falter, Federal Reserve Holds Steady
Good morning lords.
Yesterday over $1,000,000,000,000 was wiped from the US stock market on the heels of the Federal Reserve’s FOMC meeting in which officials held interest rates steady but delivered a more hawkish than expected message, with Chair Kevin Warsh offering little indication that rate cuts are imminent.
We’re witnessing some absurdity in markets in the last several weeks:
Major AI, tech, and memory names are continuing to dump hard
The 30-year U.S. Treasury yield has hit 5.2% the highest level since the run up to the 2008 financial crisis
South Korea's stock market collapsed -44% in the last 40 days, erasing over $2 trillion in market cap (Kobeissi Letter) - various outlets are reporting that Korean retail traders have been massacred, reportedly losing close to 56 Trillion Won ($38 Billion Dollars)
Crude oil has climbed back above $82/barrel
Mortgage rates are back near cycle highs, freezing much of the U.S. housing market
If you guys missed the full e commerce and shopify tutorial from Tuesday you can find it below:
Let’s get it.
Equities, Stock Picks
Markets started to sell off sharply yesterday after the Federal Reserve opted to keep interest rates unchanged at 3.50%-3.75%.
Three FOMC members dissented in favor of an immediate rate hike which is the largest opposition to a Fed chair in decades. If we are being honest Chair Kevin Warsh offered little in the way of forward guidance (some saying he had a bit of arrogance), He basically reinforced the Fed's data dependent approach.
Investors seemed to interpret the meeting as more hawkish than expected, sending long dated Treasury yields to fresh multi year highs.
Samsung’s Q2 operating profit surged +1,800% to a record high amid the booming AI chip demand (Polymarket)
Cathie Wood’s Ark Invest bought 105,108 SpaceX shares this week
Adidas fell 17% in European morning trading
The average founder is getting younger, while the average unicorn founder is getting older, according to A16Z (CoinTelegraph)
Worker satisfaction with pay and promotion opportunities has hit record lows (WSJ/Unusual Whales)
Porsche has cut over a third of German jobs (Zerohedge)
Leopold Aschenbrenner's $20 billion hedge fund, Situational Awareness, is now reportedly raising new capital following the sharp drawdown in AI. Users online have pointed out that Aschenbrenner started his career with none other than FTX
CNBC reports President Trump’s 2025 financial disclosure shows at least $858 million in assets and 21,000+ trades, linking JPMorgan, Charles Schwab, UBS and Stephens to portions of his investment portfolio (CoinTelegraph)
Big tech, semis and memory have gotten a nice little clobbering. If you look back it was obvious we were going to get a nice pullback, but now the question is: will this sell off ramp up or bounce soon.
Oddly enough Korean retail traders took the brunt of bruisings with an estimated 320,000 - 360,000 accounts fully liquidated according to Goldman Sachs (Kobeissi Letter).
But degens getting liquidated can be good for us.
Nvidia NVDA 0.00%↑ is now down 10% in the last 5 days, Micron is down 35% in the last month and AMD 0.00%↑ is down 26% this month.
Sandisk has been a leader of the recent sell off dumping over 50% in the last month, now trading around the $1,000 range. Probably getting a tad bit oversold at this point.
Undoubtedly there will be opportunities emerging from these sell offs. That doesn’t mean scramble to catch a falling knife but if you are a long term DCA investors, can’t hurt to nibble soon if this continues.
My personal short list for starting some buys this week include:
META 0.00%↑ - getting similar vibes to a few years ago
MSFT 0.00%↑ - I will continue to accumulate MSFT this week
AVGO 0.00%↑ - don’t own enough
ONDS 0.00%↑ - An SEC filing on Wednesday revealed BlackRock reported ownership of 38.1 million shares in Ondas common stock, which represents approximately 7.2% of the company’s outstanding shares (Stocktwits)
We will get into crypto more next week but I have actually slowly started to accumulate some Ethereum as of late.
Between the improving regulatory clarity, accelerating institutional adoption, and the tokenization narrative continuing to gain momentum, I really do think the medium to long-term setup is becoming increasingly compelling. Sentiment has been so horrific the last year it feels CLOSE to bottom in my opinion.
Interesting point to keep in mind more broadly, Bitcoin bear markets have lasted an average of 383 days according to River. If you have the start of this most recent one on October 25th 2025, we are now 296 days in.
Robot Dystopia
California startup Satyress just unveiled one of the most insane robots we've seen yet. It’s a towering, demonic centaur-like machine designed to operate where humans can't.
Built for disaster response, wildfire zones, landslides, collapsed buildings, and other high risk environments, the dystopian demon robot combines the mobility of a four legged platform with a human like upper body capable of using tools and manipulating objects remotely.
If it is successful and people can overlook the spiritual implications, it could change how first responders operate in some of the world's most dangerous environments. One of the strangest parts of the launch (if you look at the website) are the subtle hints at how to stop it if necessary.
They have a slide of weak points to hit with knives and guns and even highlight that the horns will get stuck on the top of most residential door frames…..
We are so far past 1984 at this point and seem to be entering an accelerated dystopian phase of tech.
Whether it's humanoid robots, autonomous weapons, AI agents replacing knowledge workers, or now a mechanical demon centaur built for disaster zones, the pace of change is accelerating faster than society's ability to even process it. Our kids are going to live in a wild wild world.
Global News
Covid Pandemic scumbag Anthony Fauci was forced to make an appearance in front of the Senate yesterday.
It came complete with some big drama including Rand Paul ordering Capitol Police to escort Fauci’s lawyer out.
Rather than answer questions surrounding the government's COVID-19 response and the origins of the pandemic, Fauci repeatedly and smugly invoked the Fifth Amendment over 100 times.
The hearing which focused on the government's COVID-19 response, the origins of the virus, and NIH funded research, quickly turned pretty contentious with Rand Paul and Josh Hawley going at Fauci hard about his schemes to make money during the pandemic and the lies that were peddled.
If, for whatever reason you are still in denial about the Covid pandemic or the origin of Covid, we know a few things now with a high degree of certainty given recent releases and investigations:
a.) Covid (SARS-CoV-2)was man made and financed by US entities (some led by Fauci)
b.) It came from a lab, a theory labeled by all of big tech and media as conspiracy years ago (remember the Pangolin?)
c.) It likely wasn’t an “accidental leak”
For those who insist on remaining sheep even after getting absolutely mindf*cked for years, this can be a hard pill to swallow, but I’m not interested in protecting feelings at this point.
It was one of the largest psy ops of all time. It was a wealth transfer, a power grab, a terror campaign, and a social experiment all wrapped up in one.
The tribalism, layoffs for those who didn’t get vaccinated, aid schemes, the vitriol towards people, the lies about death rates, the peer pressure and lack of critical thinking, corporations adopting the Covid religion, all of it was disgusting and disappointing. As I have said many times before, the Covid pandemic changed my view on people and society forever.
Among other things, Fauci is believed to have destroyed thousands of records related to the COVID-19 pandemic.
You can view the White House’s full report HERE.
Few of us resisted the psy ops of the Covid Pandemic and I hate to say, but all these years later the vindication really doesn’t hit too hard considering how justice has escaped all involved.
Truly unbelievable.
Other global headlines:
Ukraine endured one of the largest Russian aerial assaults in months, with Russia launching over 74 missiles and 284 drones overnight
Russia errantly struck Poland with a Kh-101 cruise missile as a part of the attacks (Visegrad24)
The U.S. Senate overwhelmingly advanced a bipartisan Russia sanctions bill (86-12) that would significantly tighten pressure on Moscow while also expanding President Trump's tariff authority
A U.S.-owned natural gas tanker was struck by a drone in Egypt's Mediterranean port of Damietta
The U.S. has resumed strikes against Iranian-linked targets
I will be online this weekend on the Discord and X so you see you guys around.
Tuesday we will be back.
Andy
Trade on Polymarket
Disclaimer - None of this is meant to be formal financial advice, I am a former corporate sales/trading guy with a monkey brain who writes about my own opinions each week. Do your own research before investing or trading and never make decisions that are contrary to your own personal risk tolerance.
Great post. That US-flagged FPSO (Floating Production & Storage Offshore) unit attacked in getting no domestic attention, and it's a big deal. Regardless of who attacked it.
Play college athletics during Covid, I refused to get the vax and they made me get tested every morning at 6am for over a year. One of the most insane things to ever happen.