HINDSIGHT CAPITAL MANAGEMENT
“Buy the top, cry at the bottom.”

To: Hindsight Global Investors
Date: February 10, 2026 at 07:00 PM EST
Subject: The "Fake Jobs and Real Tears" Edition

Patrons of the Wendy’s Dumpster and Hindsight Global Investors,

Today’s market vibe is a delightful cocktail of paranoia and poverty. While the Daily Discussion suggests SPY will hover in this range until the end of time, the Weekly Earnings Thread has officially become a graveyard for anyone who thought Robinhood calls were a retirement plan. Between fake job numbers and consumer delinquencies hitting decade highs, the only thing being "distributed" today is the collective dignity of retail traders.

[HOOD]: Total carnage. Despite an EPS beat, the revenue miss sent the stock into a Clifford-style cliff dive. Thousands of "investors" are currently uniting as bagholders, discovering that buying calls on the app that robs from the poor is a one-way ticket back to the actual hood.

[SPOT]: A rare shining beacon of hope. While the rest of the market burns, Spotify bulls are busy booking gains and ignoring boycotts. Apparently, the world is willing to pay higher premium fees just to drown out the sound of their portfolios collapsing.

[TSLA]: One absolute madman is sitting on $600,000 in short-dated puts, betting that the Muskrat’s sexbots or moon missions won't save the stock. It’s a bold strategy to short a cult, but as we say here, God gives the most to his favorite retards.

[GOOGL]: Alphabet is out here selling 100-year debt like they’re a sovereign nation. Investors are effectively being asked to baghold for a century in British Pounds. It’s generational debt, so your grandchildren can also experience the joy of a red screen.

[IWM]: Small caps are being sniped by put-buyers ahead of the government’s scheduled jobs data "revision." When J-Pow says the numbers are overstated by 60k a month, you know the rug is being freshly vacuumed.

[S]: SentinelOne is currently the all-in conviction play for people who believe "priced like it's going bankrupt" is a bullish signal. Whether it's the Kmart of cybersecurity or an oversold gem is irrelevant—it's 100% of a portfolio now.

[OSCR]: Oscar Health dropped a double miss, but raised guidance so hard it smells like dogshit wrapped in a future scandal. Apparently, being backed by the Kushners wasn’t enough to "goose" the stock this time.

[CME]: Launching single stock futures this summer. Finally, a way to lose money 24/5 without those pesky weekend breaks for mental health.

[AMZN]: Divided sentiment. Some say buy the dip, others say it's on a slow path to death because their warehouse robots are on the verge of a violent strike.

[AGQ]: One grown man just got nuked for $35,000 trying to short the silver train. It turns out 0 strategy and silver-shorting don't mix well when the world is ending.

[GRANITESHARES]: Filed for 30 new 4x leveraged ETFs. Because 3x leverage was too slow for the current generation of loss-chasers. It’s basically selling crack in ticker form.

[OPEN]: Opendoor remains the source of maximum frustration due to a calendar error. Traders bought calls for the wrong week, proving that literacy is still the greatest barrier to wealth in this sub.

[FERRARI]: One degenerate is sipping Mexican Coke and dreaming of a Ferrari, while the rest of us are updating our resumes at Wendy's.

If the job data is fake, the inflation is high, and the consumer is delinquent, logic says we should pump. Inverse the obvious, or just accept that we’re all playing a game we don’t understand.

Stay regarded,

Hindsight Henry
Chief Investment Officer, Hindsight Capital Management