3Xtraders : Core Weave misses: Wall Street Joyously Celebrates

Today is expected to be slow due to the Veterans Day holiday, so we're going to touch a few different topics:

Coreweave apparently missed earnings, according to news reports. Had to google it— as some stocks fall through the cracks. Ah, here it is in my hot stocks folder: 😅

$CRWV Coreweave - The only remarkable thing I find on this chart is that it launched on the April fools day rally. New Jersey based, GPU landlord to the hyperscalers. Media loves it. I don’t. Next...!

Wall Street Rejoices Over The End of the Government Shutdown (Bloomberg)

This is Bloomberg trying to pin a festive narrative on yesterday’s rally. Wrong.

Don’t buy the shutdown fairy tale—yesterday’s green was window

dressing in disguisefunds piling back into AI/semis to polish Q4 books.

Yesterday's rally was explosive: Didn't I say: "You chase energy, and I'll chase momentum, and we'll compare notes" [Link to Saturday's masterpiece]

Window Dressing: Day 2 of Wall Street's Year-End Hustle 2025

Understanding Window Dressing in Finance: Impact, Strategies, and Detection (investopedia)

Window dressing in finance involves manipulating financial reports or portfolios to create a misleading impression of performance.
Fund managers may buy or sell securities at strategic times to improve fund performance deceptively.
Changing accounting practices to enhance financial reports is illegal, but altering holdings in funds is unethical rather than illegal.
Detecting window dressing involves analyzing fund holdings for consistency, reviewing turnover patterns, and assessing management's past performance.
In accounting, window dressing tactics include delaying supplier payments and altering expense reporting to falsely boost financial results.

The simple explanation for what window dressing is, is that fund managers want to show that they are positioned in a way that shows that their funds out-performed the broader market, and this is especially true at the end of the year, so they may move money around in order to make things look better than they are.

For instance, a fund manager might go all-in on $NVDA at quarter-end just to show clients how “positioned” they are—then dump it as soon as the books close, before the new quarter starts. This may explain why tech wasn’t sold until Christmas Eve 2024—right as Q4 books locked.

As we trade into the end of Q4, 2025, on light holiday volume; this is prime time for market manipulation, as Fund managers need to show that they are heavily invested in the hottest sector AI⸺not to mention the semiconductor stocks (the heart of AI)

At The Heart of the Fake Market Semiconductor stocks.

We remain laser focused on the $SOX/ $SOXQ because semis have led the entire 2 year rally, off the Biden "recession" lows where we saw a narrative shift from failing banks to "AI investment" mania, which had been the main driver of investor animal instincts.

You would have been living under a rock NOT to notice Semis have led the entire rally of the past 16 years. and Wall Street insiders invest years ahead of the retail investor, who probably thinks AI investment only caught on in 2023, 😅 and even AI believes that story, because it had been programmed to trust everything it reads in the Wall Street journal.

Yesterday's Best Performing Sectors: AI infrastructure & Semiconductors