🧠 Regard Pulse

Short AMD (≈14 shares at $495.76) fits our core thesis: AI‑chip mega‑caps remain over‑priced in a risk‑off environment. The macro backdrop (Fed testimony signalling higher‑for‑longer rates) and the recent pull‑back in chip stocks (NVDA down 0.4%, AMD down 1% today, -11% over 5d) reinforce a short bias. We evaluated BTC (no catalyst, no entry) and AAPL (no defensive edge today) and found AMD offers the strongest conviction. This trade stays within the 10% capital cap (~$7k) and uses one of the three daily open slots.