Welcome.
Hope everyone is enjoying their weekend so far.
Going to be one of those rare weekend updates which I think is appropriate given the crypto markets moves in the last 72 hours. Hopefully enough of you are checking your inbox at least once on this rainy Sunday.
Aside from today’s update our posts will go out on Tuesday and Thursday this week per the usual schedule.
If you are catching up on the posts from the last several weeks consider the one below (where we cover robotics).
There were some insane videos coming out of China this week showcasing robots participating in Track & Field events with some of them running impressive 100M dash times.
Imagine armed swarms of these things?
Elon’s AI Predictions
We will cover more on equity markets and the economy on Tuesday but one of the more eye brow raising updates came from an interview at Viva Technology conference in Paris.
Elon Musk gave in which he spoke about AI, robots, and digital intelligence.
In 5 years, we will have probably, so say 2031, I think digital intelligence will exceed the sum of all human intelligence, that there will be in 5 years, probably let’s say at least 100 million humanoid robots, but maybe a billion. And I will predict that the economy is probably twice it’s current size in 5 maybe 6 years….. 5 to 7 years.
—Elon Musk
Pretty wild predictions made by him which plays into the themes discussed in the post I plugged in the intro. Robotics is going to offer a massive investment opportunity in the coming years and I think right now between AI and crypto, it is not getting as much attention as it should. I will be looking at some of the plays we discussed in the post above this week.
Tuesday’s post (barring any major crypto pumping) will be a deep dive into robotics stocks, companies, and themes.
Some big events to keep tabs on this week:
PCE inflation + Q2 GDP is on Wednesday
NVDA 0.00%↑ reports earnings on Wednesday after market close
Fed Chair Kevin Warsh speaks at Jackson Hole on Friday, which will surely move markets
Salesforce, Crowdstrike, and Intuit report earnings this week as well
Crypto’s Price Action
It feels good to be partially back baby.
There’s been some volatility in the crypto market since the run up we witnessed toward the end of last week. We had a slight pullback that bears began to celebrate prematurely that did end up reversing.
I made it clear in Thursday’s post but if I had to make a guess on what plays out next it would be an eventual move higher. I still see people (who previously thought we were going to $40,000) calling for lower. The consensus still seems to be that we will go down again before the market preps for the next bull run.
I’m skeptical.
Most entertaining outcome would be if that doesn’t happen and we range up here or move higher. That being said, understand this guys. If this is the start of change in the cycle you do have some time. This would likely be the very beginning of what is hopefully a multi year cycle of bullish action.
So don’t go psycho, you don’t have to blow your load before taking some time to think about what moves you want to make here.
As I said last week - EASE INTO IT.
Also. I get the sneaking suspicion, based on the X timeline and general indicators in my own circles, that the majority of people are still sidelined. Even when we were well above the $100,000 mark it seemed like the bull market kind of winded down due to a general sense of apathy. I still feel that apathy and indifference now which stand in pretty stark contrast to previous pumps.
Interesting to say the least.
This evening will provide us some solid clues as to how this upcoming week might shake out.
Another thing I would think about if you are trying to predict where the market might take us before year end is CLARITY.
As of August 23, 2026, CLARITY is alive, but it stalled in the Senate. This recent move higher was definitely fueled in part by the Treasury announcement and maybe by some of the comments from Trump last week, but I actually think there’s some scheming going on beneath the surface as well. Someone big is positioning themselves, that is for sure.
What are they preparing for?
Could it be the eventual passage of CLARITY? The earliest the bill can now pass is September 15th, when a procedural Senate vote is currently expected. So the earliest (if we are being aggressive) is likely sometime in September.
The real question here in. my opinion i
sn’t “is ther any support for crypto legislation in DC” it’s simply if Republicans and Democrats can agree on the final details before the midterms consume Congress. Tough ask.
Who knows though, maybe some folks already know this is coming and they’re starting to position accordingly. That would make sense in retrospect.
For now, let’s see how this week goes. The slight pullback we saw the last 24 hours is providing an opportunity for folks who want to add to some of their bets before traditional markets open up for the week.
My Current Crypto Watchlist
Alright so let’s get into what everyone wants to talk about, which asset am I bullish on. For the sake of not repeating myself, we are going to expand past what I consider my core three:
Bitcoin
Ethereum
Chainlink
Below is a complete list of other crypto assets, tokens, and projects that I think you should be focused on at present given their utility, relative strength, and recent performance vs. the rest of the market.
I would consider most of these to be a bit farther out on the risk curve than BTC/ETH so just keep that in mind when you are thinking of apeing in.