Let’s address the elephant in the room—yeah, the market has turned slightly red.
But honestly? That’s not a bad thing.
In fact, I think these mild corrections are some of the most bullish signals we can get in a runaway market like this.
When we see a rip higher — like we just did — and the market doesn’t immediately crash or panic on the first pullback, it tells me there’s still gas in the tank. If we were getting 2–3% flushes that wiped out weeks of gains, that’d be another story.
But we’re not.
What we’re seeing are these small, manageable dips that allow momentum to reset. That’s a healthy sign. It’s like taking a breather during a workout before hitting the next set.
That is why I expect us to squeeze to all time highs before the next big flush.
Now, let’s talk about what’s not taking a breather—gold.
This one actually surprised me. I honestly expected gold to stay muted until we saw a breakout in the broader market. But it’s starting to lift, even on days the market cools off. That’s unusual… and bullish. It could be a sign that investors are quietly shifting into safety plays with upside potential.
And then there’s Bitcoin—still the best asset on the planet, in my opinion.
It’s done what no one else has lately: outperform in risk-off environments and continue to rally during bullish stretches. That’s a rare combination. And what really has my attention right now is what Bitcoin’s been doing overnight. We’ve seen two straight nights of sharp upside probes while most people were sleeping.
I think these overnight surges in Bitcoin are a hint of what’s coming.
I’m still in for all-time highs by the end of month.
If we get one more solid breakout above resistance, I think we could see a clean push to 121K—or even 130K—not years from now, but in weeks. It’s showing every sign of pent-up momentum just waiting for the lid to pop.
So yeah, the S&P isn’t ripping at the moment.
But Gold’s perking up. And Bitcoin is sneaking higher while no one’s looking.
To me, that’s not a reason to pull back.
That’s a reason to lean in.
Don’t forget to tune into the Opening Playbook every day at 10 am ET!
— Nate Tucci
