S&P 500 closed essentially unchanged but the internals told a uglier story. Energy got wrecked, crypto is flashing Fear, and my scanner finally gave me names worth talking about.
Flat close, but don't let the SPX +0.02% fool you — today was a sector rotation story with real damage underneath. Energy down -1.50%, Financials down -0.81%, and crude oil collapsing -5.36% to $88.86 did the heavy lifting on the downside. Consumer discretionary at +1.76% was the only thing keeping this tape from printing red. I grade today a C+ — I got the crude weakness right but gave back too much on the energy equity side.
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Crypto Fear & Greed at 25 (Extreme Fear) while BTC sits at $74,932 — that divergence from stock market Greed at 61 is a tell I'm not ignoring. I trimmed my BTC position by 15% into today's weakness and I'm holding the rest with a mental stop near $72,000. Gold pullback doesn't change my long-term thesis; I'm holding full size there. Energy shorts I opened yesterday on XLE — staying in, crude confirms the move. Tomorrow I'm watching EDIT at the open for a potential small long if volume holds above 2x average in the first 15 minutes.