A Tale of 2 Markets & a Dire Warning

Thursday, October 3rd, 2025 - Market Wrap

The market pop at the open, led mostly by Mag7/ Mag10 ("big tech"), semis, AI stonks, and the like - all the usual suspects; even Bitcoin, and China were up.  

Adding Bitcoin to the list of Toxic Floating Trash pic.twitter.com/iKaBneRXiP

— Veteran Market Timer (@3Xtraders) October 2, 2025

That pop  - a gap up to new all-time highs - was immediately sold. Not Bitcoin; it rallied the close. 

$NDX short term chart - sold at the open - to document. 

 

But why? Why is a new market high immediately sold?

A Tale of 2 Markets

The market’s got a split personality disorder, and it’s not even trying to hide it. On one side, you’ve got the tech overlords—AI, semis, and the Mag7/10 boiler room crew—strutting around like they own the place, popping to new highs on nothing but hype and hopium. On the other, everything else is either limping along like a 3 legged dog in a horse race? Disclaimer: no animals were harmed during the composition of this paragraph.  

Unless you're chasing AI names, and - not so - rare earth minerals. Today's flavor of the day looks like copper, if you're into chasing hot leads.   

$5 dolla holla in Urban Slang https://www.urbandictionary.com/define.php?term=five+dolla+holla

 

 $REMX - Rare Earths up another 2% on the Trump investment Trade 

 

 

$BOTZ (global X Robotic Intelligence Thematic ETF) boy, that's a mouthful +4.19%, on a breakout to 4 year highs.   

 

 If you were trading the $SPX, and I don't know why anyone would be; I have no use for that index; you saw a gap fade at the open, as the $VIX shot out of the hole (just below the 16 level). 

 $SPX - back tests support (@ 6700), and closes above that support, and if you needed me to tell you that, then you're probably not cut out to be a technical trader. Just go with your hunches.   

 

If yesterday's market action proved one thing; it would be that markets are resilient (tongue in cheek). 

Even a juvenile trading on the Robinhood app could've spotted this breakout!  

 

 

 Trading the Full Moon

I'm not really that superstitious - yes I am 💀-  most traders are. If enough traders believe the Full Moon could be a bad moon risin' ("Bad Moon Rising" is a song written by John Fogerty and performed by Creedence Clearwater Revival in 1969 - a good year for folk music btw - as per wikipedia), as we creep towards Halloween, traders might just freak themselves out. Fear has a way of becoming contagious, and that could spark a stampede for the exits. 

 Dire Warning 

Beware of the Full Moon rising in the east;  in other words, "watch China futures Sunday night".  

 I keep the TV on mute, but I'll bet you heard zilch about yesterday's market action - just a hunch. Market is breaking out to new market highs, and it's radio silence. Not a peep about NVIDIA, anymore.  

In closing, the market action may be resilient, but it's weak. I'm out.

Have a great weekend, 

AA  

 

 

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