Mark Uretsky @markuretsky

Every morning, before the US market opens, my system publishes its exact portfolio weights. Publicly. No cherry picked screenshots. No after the fact claims. The call is on the record before the day happens. That is what transparency looks like in this business. Everything else is marketing. See today's weights here: pnlportfolio.com/weights

Emotions are the most expensive subscription you will ever pay for. Fear makes you sell the low. Greed makes you buy the high. Hope makes you hold the loser. Pride makes you double down. The market charges you for every single one, every time. A system cancels the subscription. It feels nothing at the low and nothing at the high. That is the entire fee it saves you.

@TheShortBear Why?

A good trade is not a trade that made money. A good trade is one where you followed your process exactly. Sometimes those lose. A bad trade is one where you broke your rules. Sometimes those win. Those are the most expensive wins of your career, because they teach you the wrong lesson. Judge yourself on process. The outcomes average out. The habits compound.

My backtests said my stop losses would trigger occasionally. Live trading triggered them 90% more often than the backtest predicted. That gap between backtest and reality is where most systematic traders die. You do not trade the backtest. You trade the slippage, the gaps, the bad fills. I spent years engineering around that gap. Follow if you want to know what actually survives contact with the live market.

Amateurs ask: how much can I make? Professionals ask: how much can I lose, and can I survive it? The first question feels ambitious. The second one is the actual job. Every blown account I have ever seen came from someone who only asked the first question.

I used to hold full size into binary event nights. It took exactly one hot print to teach me the difference between sized for normal and sized to survive. Now hard coded risk limits make that decision for me. No debate, no override, no hero trades. CPI drops at 8:30 AM ET tomorrow. After the dust settles I will post how the system handled the day. Follow if you want the breakdown.

Tonight's board: The Nasdaq fell 0.97% while the Dow rose. Oil dropped almost 4% with missiles still in the air this week. CPI prints at 8:30 AM ET, consensus 4.2% on the year, highest since 2023. I do not trade nights like this on feel. Two systems do the work: a daily ETF rotation and a 0DTE options engine with hard coded risk limits. Track record is public, live daily weights are for members. Waitlist: skool.com/the-pnl-portfo…

May CPI drops tomorrow at 8:30 AM ET. Consensus: headline up 0.5% on the month, 4.2% on the year. That would be the highest annual print since April 2023. Core expected at 0.3% and 2.9%. The gap between headline and core is the real story. It shows whether the energy shock is seeping into everything else. Watch the gap, not the number.

Tomorrow morning every trader on this app will have a CPI opinion. Hot print, cool print, everyone has a take. Almost nobody has a plan. The market does not pay for opinions. It pays for process. My system does not know CPI exists. It knows its risk limits. That is the entire edge: sizing that survives being wrong.

Missiles flew between Iran and Israel this week. Oil fell anyway. WTI dropped 3.9% today to $87.74. Brent lost 3% to $91.40. Crude is still up about 30% since the February strikes. But today the market looked past the headlines and priced the ceasefire holding. Headlines tell you what happened. Price tells you what was already positioned for. Trade the second one.

The Dow closed green today. The Nasdaq fell almost 1%. Same market. Same day. Opposite stories. Chips bounced Monday and gave it back today, $COMP down 0.97% while the Dow added 0.17%. When leadership and the average disagree, one of them is lying. The tape usually tells you which within a week.

Two sessions. A 2.6% crash, then a bounce. Chips down 13% then up 10%. CPI in the morning. This is what a regime change feels like from the inside. Violent, two sided, and impossible to predict day to day. I run two systematic strategies built for exactly this. One rotates 8 ETFs daily as the regime shifts. One harvests volatility premium that gets richer as the swings widen. Follow if you want to see how systems handle a tape like this. pnlportfolio.com/weights

@ThetaSeller Hotter-than-expected CPI (especially core) → yields spike (prices drop) as rate-hike odds rise. Cooler CPI → yields fall (bond rally) as it eases Fed pressure.

Tomorrow at 8:30 AM Eastern: May CPI. Core expected at 0.2% month over month, 2.8% year over year. After Friday's hot jobs report, a hot CPI confirms the rate hike fear. A cool one buys the bulls time. This is the most important data point before Warsh chairs his first Fed meeting next week. The market is holding its breath. Position accordingly.

Europe 2026 in two pictures. Mass deportations NOW!

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After Friday's 10% chip plunge, dip buyers showed up Monday almost on instinct. That reflex has been rewarded for two straight years. Buy the dip, get paid. The problem with a reflex is it keeps firing right up until the one time it does not. The question is not whether dip buying works. It is whether it still works after the regime changes. CPI tomorrow starts to answer that.

$MU fell 13% Friday. Then rose about 10% Monday. A more than 20% swing in the market's leadership stock in two sessions. When the generals move that violently, it is not strength or weakness. It is uncertainty repricing in real time. Volatility like this is not noise to trade through. It is the signal that the easy regime is over.

Stocks bounced Monday. The $SPX recovered 0.30%, the Nasdaq added 0.86%, chips led the rebound. One green day after the worst day since October is not a reversal. It is a reflex. The real test is tomorrow's CPI. Everything between now and 8:30 AM Wednesday is just positioning. A bounce into a binary event is the easiest place to get trapped.

Andrew Tate perfectly sums up UK Migration issue: "Here's 10 chocolate bars. 2 are poison. Do you want to eat one? What kind of retard would go well, only 20% of them k*ll people, so I guess the other 80% are fine!?" "That doesn't make you f*cking racist, it makes you very sensible."