This Bull Run Looks Tired: If SPY Breaks Below $685, A Big Correction May Be Next

Core Insights - The market narrative is rapidly changing, with investors initially focusing on the $602 billion capital expenditure planned by five hyperscalers, including Oracle, for the year [1] Group 1: Investment Strategy - The investment style described is contrarian and highly risky, often involving illiquid options [1] - The portfolio allocation is approximately 50% in shares and 50% in call options, reflecting a balance between risk and traditional equity investment [1] - The investment timeframe typically ranges from 3 to 24 months, targeting stocks that have recently experienced sell-offs due to non-recurrent events [1] Group 2: Stock Screening Process - The screening process involves fundamental analysis to assess company health, leverage, and financial ratios compared to sector and industry averages [1] - Insider buying at lower prices post-sell-off is a key indicator for potential investment opportunities [1] - Technical analysis is utilized to determine optimal entry and exit points, employing multicolor lines for support and resistance levels on weekly charts [1]