VIDEO TIMESTAMPS 0:00 - Introduction: Stage 2 of the private credit crisis 0:40 - The 3 stages of a credit crisis explained 1:51 - Blue Owl Capital: The permanent halt on redemptions & the PR spin 4:38 - Bank unrealized losses and the private credit black box 5:41 - Contagion risk and the 2008 Bear Stearns parallel 6:53 - The Fed's private credit warning & the sudden Repo market spike 8:25 - Stock market update: Nvidia earnings and the tech wall 9:11 - Retail buys while "Smar

Based on the video analysis from Sunday, February 1st, 2026 If you checked your screens in the last 48 hours, you saw red. A lot of red. Silver dropped 40% (from the top) in a single session, and Bitcoin broke a critical support level. Unfortunately, I ran out of time and was not able to record the video analysis in English this weekend. That is why I am providing you with a detailed summary  in this article, featuring the key charts I used. Note : If you prefer video, you ca

Jan 27th note : Given the urgency of the market data, I am publishing this analysis immediately so you have it tonight. The charts mentioned in the text will be added throughout the day tomorrow. One crazy week just passed, and another lies ahead. If you follow mainstream financial news, you are hearing about "new all-time highs" and a resilient economy. But if you look at the data I analyze, the story is very different. That is why I am sending you this urgent alert: things

UPDATE #1 (Monday Dec 29th at Market Close) As anticipated in the alert below, the volatility has arrived. Silver suffered a violent correction today, dropping ~11% since my warning email and nearly 16% from the Sunday futures peak. The Reality Check: The CME margin hikes triggered the expected liquidity flush. However, do not panic. New data (including the $134 solar breakeven price and actual leverage levels) suggests this is not a repeat of the 2011 crash, but a tactical r

If you only read the headlines, the AI trade seems stronger than ever. But if you look at what is happening behind the scenes, the narrative has shifted from "Unlimited Growth" to "Crisis Management." In the last 10 days, we have witnessed a coordinated panic among the biggest players in the industry. From secret defensive memos to internal "Code Reds," the actions of Nvidia and OpenAI suggest they are preparing for a major shift. At the same time, the real economy (the one t

Why the "Fear & Greed" index might be wrong, and why portfolio protection is cheaper than ever. While the US markets are closed for Thanksgiving, the economic signals are flashing red. I sent an urgent email to my private list this morning because we are seeing a massive divergence: The famous "Fear & Greed" index is showing Fear near all-time highs. That makes no sense. Is the indicator broken? My custom market dashboard points to YES . It shows that retail investors are act

If you watched the markets over the last 48 hours, you witnessed absolute madness. There was a massive gap up, a sharp dump, and then a sudden reversal. It feels like a casino right now because the "house" (the Fed and the Government) is intervening to keep the game going. But here is the irony: AI is actually popping the AI bubble. In the last 72 hours, investors have used AI tools to dig through earnings reports and SEC filings. What they found—from hidden red flags in Nvid

We are at one of the most confusing and critical moments in recent market history. On the surface, the stock market is near all-time highs. But underneath, the entire foundation is showing signs of a severe breakdown. US households now have 52% of their financial assets in stocks, a level even higher than the 2000 dot-com bubble. Retail investors are "all-in" and using extreme leverage. But at the exact same time, corporate insiders are selling their own stock at the fastest