Tesla is ripping this morning, up 10% so far on news that the tampon guy gets his rocks off when TSLA stock falls in price. 

This is a former Vice Presidential Candidate up on stage rooting against an American institution that employs over 125,000 Americans. 

What a loser.

Fortunately, he did his little dance right at the 61.8% retracement of the entire TSLA rally off the late 2022 lows. 

It was almost too perfect. 

We obviously put on the trade.

To not buy Tesla on that kind of silliness would have been irresponsible. 

So far so good.

Meanwhile, speaking of crazies, the sentiment towards Michael Saylor has also spiked towards the pessimistic side.

I love that.

This was a beautiful bear trap:

We discussed all the details on the entry for the Tesla trade and...

I hope you're having a nice weekend.

Before I head out for the day I wanted to share a few thoughts about the market and what I'm seeing out there.

This week I laid out all my thoughts and favorite trades during our LIVE Conference Call. So today's note is about a few other things I didn't talk about on the call. 

The first one is this big 2100 level in Ethereum. Remember that despite all the underperformance from this one, ETH still carries a $240 Billion market-cap and is still the 2nd largest token on the planet.

If we're back above last year's lows, I would really start to get interested in this one. Look for the Bitcoin dominance to come off if Ethereum starts to outperform again. ETH can really help the Alts...

We don't have bull markets without Financials. It's just how the market works, both in the United States and Internationally. 

European Banks keep ripping. Japanese Banks keep ripping.

And you're seeing it in the United States as well. Berkshire Hathaway is the largest component of the S&P Financials Index, and BRKA just went out at new all-time highs again this week.

Here are the exchanges, still dominating as well. Both the CME Group and Intercontinental Exchange are hitting new all-time highs:

If this is your first bull market, I would encourage you to go back and study former bull markets throughout history. 

You'll notice similar behavior from Financials.

It's when things are making a turn for the bad that Financials really struggle.

We're currently seeing the opposite.

By my work, it's really the more "Value" oriented areas of the market that keep dominating returns, while the "Growth" areas have corrected.

Here is a list of the very best of the biggest companies in America. Notice all the Financials, Industrials, Healthcare and Energy.

This list is sorted by relative strength and the "...