Sell SPY by May 20, 2026.

Anyone else watching the tape like it's a fever dream? There are 1,500 ships parked in the Strait of Hormuz (roughly 20% of global energy transit is on vacation) and SPY is melting up like the Fed just cut 50bps. Quick breakdown of why next week is when the bottom falls out. **The "Beijing Miracle" isn't Real** Market is pricing the fantasy that a 500 aircraft Boeing order plus some polite nodding in Beijing will convince Tehran to abandon their …