What T. Boone Pickens Would Ask About AI CapEx

Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap Submitted by SpotGamma CBOE’s Dispersion Index (DSPX) is at levels only seen during Covid and the April ’25 tariff crash, while Correlation (COR1M) is near all-time lows. This divergence signals extreme positioning risk driven by the AI stock chase, and makes SPY downside hedges historically cheap. Traders have been chasing AI related names in such heavy-handed fashion that it has now created positioning risk for the stock market. Encapsulating this view are two popular CBOE options indexes: Dispersion (DSPX) and Correlation (COR1M). What Are...

Scientists Intentionally Trigger 8,000 Earthquakes Deep Beneath Swiss Alps Authored by Steve Watson via Modernity.news, Scientists at ETH Zurich university in Switzerland have deliberately induced around 8,000 seismic events deep underground in the Swiss Alps as part of an experiment called Fault Activation and Earthquake Rupture (FEAR-2). The team injected 750,000 litres of water into the ground via two boreholes over approximately 50 hours at the BedrettoLab facility. The quakes were too small to be felt at the surface or cause damage, with magnitudes ranging from -5 to -0.14. The researcher explained “While some seismic events occurred...

Ukraine Defies Vance Warning With Massive Strike On Russia's Key Black Sea Port, Shuttering Grain Terminals Did President Zelensky and the Ukrainian armed forces not listen to US Vice President JD Vance's warnings and request after all? On Wednesday a "massive" Ukrainian drone and missile strike was unleashed on Russia's port city of Novorossiysk, which badly damaged grain export terminals at what also constitutes the the last major Russian naval base on the Black Sea. via Retuers Three were killed, including an eight-year-old child, and also 24 people were injured in the Wednesday nighttime...