Bravos Research

This is a model that is designed to make you stay leveraged long on the market when it is strong, like today...The model has been primarily leveraged along on the market since the 30th of March

— Bravos Research, at 6:46

it's why we've been able to benefit from exposure to stocks like KAC, TSM, General Electric that have been melting up in the recent leg higher

— Bravos Research

We're staying very cautious on traditional US stocks or technology stocks that are both very vulnerable to this situation

— Bravos Research

This could ripple directly into companies like Nvidia and the broader semiconductor industry that have seen their revenues grow significantly as a result of big tech capital expenditures.

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although this selloff in big tech stocks that have been overspending might continue in the coming weeks or even months, ultimately we believe this will prove to be a buying opportunity for the stock market heading into the end of the year

— Bravos Research

So, on its own, this is very likely to continue acting as a tailwind for the stock market that is priced in US dollars, allowing it to continue rising. But there is a big caveat to this. The stock market can only continue to rise if corporate profits remain stable as they have in