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![KeithTradeSmith Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1583453781747965953.png) Keith Kaplan [@KeithTradeSmith](/creator/twitter/KeithTradeSmith) on x 1263 followers
Created: 2025-07-13 17:07:00 UTC

BEARISH ALERT:  @JeffClarktrader just sent me this:

We had nearly identical conditions on this exact date last year.  

The S&P then lost X% over the next three weeks.  And, the semiconductor sector $SMH - which, at the time was fueled by #AI hype and $NVDA conquering the world - dropped 25%.

A chart below about how $SMH looks today...

Bearish rising wedge with negative divergence.  Approaching the apex of the pattern.  Sentiment is wildly bullish (just ask @jimcramer).  Fundamentals are at historic highs.

As an aside, Jeff went on to say:

Also... have you noticed the "weed" stocks are starting to spark up?  Look at a chart of $MSOS - the ETF for the sector.  

President Trump campaigned on rescheduling cannabis, and maybe he's ready to follow-thru on that promise.  

It would be a politically smart way to shore up his libertarian base after the Epstein debacle, and the increased deficit spending of the Big Beautiful bill.

![](https://pbs.twimg.com/media/Gvl5ZrTXsAApA7m.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944443455960211774/c:line.svg)

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[Post Link](https://x.com/KeithTradeSmith/status/1944443455960211774)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

KeithTradeSmith Avatar Keith Kaplan @KeithTradeSmith on x 1263 followers Created: 2025-07-13 17:07:00 UTC

BEARISH ALERT: @JeffClarktrader just sent me this:

We had nearly identical conditions on this exact date last year. 

The S&P then lost X% over the next three weeks.  And, the semiconductor sector $SMH - which, at the time was fueled by #AI hype and $NVDA conquering the world - dropped 25%.

A chart below about how $SMH looks today...

Bearish rising wedge with negative divergence.  Approaching the apex of the pattern.  Sentiment is wildly bullish (just ask @jimcramer).  Fundamentals are at historic highs.

As an aside, Jeff went on to say:

Also... have you noticed the "weed" stocks are starting to spark up?  Look at a chart of $MSOS - the ETF for the sector. 

President Trump campaigned on rescheduling cannabis, and maybe he's ready to follow-thru on that promise. 

It would be a politically smart way to shore up his libertarian base after the Epstein debacle, and the increased deficit spending of the Big Beautiful bill.

XXX engagements

Engagements Line Chart

Related Topics nvda coins ai #ai $0981hk rating agency bearish $smh coins layer 1

Post Link

post/tweet::1944443455960211774
/post/tweet::1944443455960211774