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📈Tuesday's rally died a humiliating death after the White House locked in 104% tariffs on China. SPY flipped, QQQ dove, and even Nvidia couldn’t save us. Flows showed the fear was real—puts outpaced calls 5 to 1, and dark pool volume screamed “run for cover.”
🧠 Inside the issue:
Breakdown of Tuesday’s 1,300-point reversal
SPY options: $185M in flow, 85% puts
Biggest dark pool trades of the day
Sector-by-sector panic meter
Why tech, retail, and junk bonds are getting smoked
If this is the “medicine,” as Trump says, the market might not survive the treatment.
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