StocksLeak·Where the leaks Wall Street tries to bury surface first.
Read at stocksleak.com→Nasdaq is up nearly 5% in two days, the S&P printed a new all-time high yesterday, and dealers are still short enough gamma to buy your dips. But exhaustion readings in the high-beta pockets are lighting up and the crowded IV is sitting at the front of the book. My read: bias stays higher only while breadth expands — otherwise this is a midday fade.
PLTR closed at $125.65, +2.1%, then went to roughly $142 in the after-hours session on a quarter that beat on every line: $1.935B revenue up 93% year-over-year, U.S. commercial up 149%, $0.41 GAAP EPS, a Rule of 40 score of 155%, and full-year guidance raised to $8.15B. Here is my read on the print, the guide, and how I trade the gap.
The Stock Operator is now the working home for how I actually trade: momentum on the open, short-selling discipline, and risk rules first. Live at thestockoperator.com, with the $35 written strategy guide and the companion book on Amazon. Not a chat room, not a signal service, not an affiliate funnel.
It went from about $45 billion to roughly $10 billion in days, and Citadel took the public book. Here is the reported record, the mechanics of how a 400%-levered long-AI-infrastructure/short-software book dies in a momentum crash, and my read on what really killed it.
Two separate things hit the same tape on the same day and got reported as one story. A levered fund got taken down and had to sell everything regardless of quality — and Coinbase printed a disappointing quarter into that liquidation. How to separate forced supply from a fundamental miss, the macro underneath, and what I expect next week.
A formal, disclosure-first research report on bitcoin as a monetary settlement asset and Coinbase as the regulated infrastructure that monetizes it. Structure, cash-flow drivers, valuation framework, catalysts, and a full list of what kills the thesis — written to be read by allocators in the United States, the United Arab Emirates and elsewhere, with the jurisdictional disclosures those readers need.
The Fed held at 3.50%–3.75% and three presidents voted to hike — the first triple hawkish dissent since 2016. The Dow lost 1,100 points, the S&P closed at 7,316, the Nasdaq made it six down days and the SOX fell more than 5% with Micron down double digits. Then the tape got Microsoft up, Meta down, Qualcomm down. Here is what actually broke, and whether there is more pain ahead.
June 23 was a positioning event, not a fundamental one. Five weeks on, MU has round-tripped the panic and SNDK hasn't — that divergence is the whole tell. Oil came back in today, crypto is holding its shelf and coiling, and the rotation map has quietly rebuilt itself. Here is what I think breaks next.
After Rogue Alpha, the follow-up is here. The Stock Operator: The Rise, Fall, and Return of an American Trader is now available on Amazon — a fully rewritten trading memoir covering SpeedTrader, SureTrader, the SEC trials, and the comeback. No ghostwriter, no filler. Available in Kindle and paperback.
Wall Street, the FBI, and the trader they couldn't break. The full story — paper route to federal cooperation.
30 years on the tape distilled — momentum, short-selling, risk sizing, and the daily desk routine.
The introductory day-trading framework: setups, short-selling rules, and risk management. No filler.
Money, women, power — 48 hard rules for building three income streams and an extraordinary life.
No. No fraud conviction, no fraud judgment, no industry bar.
No. No court, regulator, or arbitrator has ever made that finding.
No. The 2016 federal indictment was dismissed in January 2017.
Dismissed in 2017. The Government did not appeal.
A 2021 broker-dealer registration matter — not fraud — on appeal to the Eleventh Circuit.
A court-supervised orderly wind-up in the Bahamas (2019). Not a scam finding.
Yes — a cooperating witness for federal authorities. Explained on the record.
Not publicly disclosed. Third-party celebrity-net-worth estimates are unsourced.
