Inside the mind of the top investors

This Railway hack got real (for me). Woke up this morning to find an API key I hadn't rotated was taken in the attack. They ran up $100 over night asking OpenAI thousands of questions non-stop.

This is what I talked about in 'Enact the Noah Protocol' after the Hugging Face breach.

When you looked into the post-mortem details you realised the new AI models are highly persistent and potentially unstoppable. They can hack anything given enough time.

It looks like the API key was used to ask lots of image generation requests. This may have been part of a hack to train an AI model.

It has made me wonder if blockchain architecture is a solution to unstoppable AI cyber attacks. Rather than have one centralised data access point, which is hackable, make the AI have to hack the entire blockchain at once, which is much harder, and more expensive.

S&P 500: Cap-Weighted vs Equal-Weight

Cap-weighted SPY was dragged down by Semis/Tech.

Equal-weight RSP could not care less and advanced on a bad NDX and SPX day.

And, yes, S&P 500 breadth has been improving lately.

ES Elliott Wave Analysis

• ES miraculously failed to make a new low by 0.75, as non-tech stock held better; TBD whether this will survive by the next morning
• (A)-(B) sub-micro count, with (B) being an extreme expanded flat as posted earlier by beingkind, fits both the gray and the blue count

High Probability QIM short setup — Indicator State: Transition. Looking to hold until late November.

CYRX is testing the 8/7 Expansion Gate around $18.45 at a mature QIM Price/Time location, with the broader Elliott structure consistent with a B-wave termination ahead of a prospective C-wave lower.

The 65-minute chart has already progressed from Exhaustion into Transition. The move into the Expansion Gate produced a late MARS exhaustion sequence, and since that rejection PMARP has rolled sharply lower from the extreme zone, +DI has peaked and begun to contract, and −DI is starting to recover. That is the first clear evidence that the bullish regime is losing control.

The Daily chart reinforces the setup through a clear bearish PMARP divergence, while the broader advance is also failing to reproduce the earlier directional strength in +DI. That gives us multi-timeframe deterioration rather than a single lower-timeframe signal.

What is still missing is Early Confirmation. Bullish directional

Long PANW - HIGH PROBABILITY TRADE.

Earnings were great but they do like to smash it down after earnings. As long as it does not break below impulse gate in blue at 314 I'm bullish. on the daily We are in the QIM time zone where a reversal can be expected. and Price remains above impulse gate so still looks good to push over the coming weeks.

Russia reports more than ₽500 billion invested in Far Eastern and Arctic development zones

Russia's Ministry of Transport reports that companies operating in preferential development zones, the Free Port of Vladivostok and the Arctic zone invested 502.6 billion rubles in projects during 2026 to date.

The reported breakdown is particularly revealing:

The market is really reacting to this move higher in Brent futures. It's annoying. We went long energy with BP and Total but it's not enough to offset how much the tech names are down in the US, HK and Korea.