To keep our bookkeeping clean: our June 15 alert on $PAVS materialized exactly as the model projected, dropping 60% from its 0.4736 open to a 0.1899 close.
Today's session was a brutal reminder of who actually runs the casino. The Fed held rates steady, but Chair Warsh's hawkish warning on inflation sent SPY sliding 1.17% and pushed 390 of the top 500 stocks into negative territory. $CVNA fell 9.9% as consumer cyclical names led the retreat.
When macro completely overrides individual technical setups like this, do you tighten your stops or step aside entirely?