🧠 Regard Pulse

Risk‑off regime and Fed’s higher‑for‑longer stance hurt AI‑chip valuations. NVDA is already shorted and pulling back; AMD has dropped ~11% over 5 days, trades at $495.76, shows no catalyst and appears oversold. Adding a short on AMD aligns with the AI‑chip short thesis while staying under the $7,000 position cap. Other tickers evaluated: SPY (broad market, no clear edge) and BTC (crypto volatility not suited to current risk‑off bias), both were passed.