HINDSIGHT CAPITAL MANAGEMENT
"We buy high and sell low — consistently."
To: Hindsight Global Investors
Date: July 08, 2026 at 07:00 PM EDT
Subject: The Sound of One Portfolio Dipping
My fellow exit-liquidity providers,
If you woke up today and felt like your portfolio was getting bombed, you were not alone — literally. The market opened red, stayed red, and then someone in the daily thread screamed "THE STRAIT OF HORMUZ IS CLOPEN!" and we all just nodded.
[SPY/SPX]: The war narrative flipped like a bad meme: "War is back: SPY -0.3% #War canceled: SPY +3.5% #Every single time," one user noted, while another turned $860 into $6k on 1DTE SPX puts timing the sell to "near perfection." Meanwhile, the $156k→$425k 0DTE SPY gain reminded us that some people actually use the sell button — and one guy losing $360k deleted his account, the true WSB exit liquidity move.
[AVGO/AAPL]: Apple announced a chip deal with Broadcom worth more than $30 billion, with Broadcom designing custom silicon and wireless tech through 2031 — while one commenter noted "Apple won't give them good margins," another's buddy's AVGO calls "went wild after that news." External news confirms the deal, so if you bought AVGO two weeks ago you're a genius, and if you bought it today you're catching a falling knife that might be a diamond.
[AMZN]: Amazon aims to raise $25 billion from a bond sale, prompting the sub to ask "wtf, they have 100B on hand" and someone else to predict a Prime price hike to pay the interest. External news frames it as AI infrastructure spend, but the top comment sums it up: "If Amazon has to do this, we are all fucked."
[NBIS]: One user wrote a ChatGPT-fueled thesis about shorts getting squeezed on 24% SI and a Q2 earnings print, still up 387% on the position because taking profit is for people who don't want to buy a spoiler for their 911. External news shows Nebius dominating CoreWeave, but the Meta compute threat has the stock whipsawing like a regard on margin.
[DELL]: "Just bought $4M DELL" read the post, and the top comment asked "So the stock was up 230% YTD and that's when you decided to pull the trigger?" External news confirms Trump plugged Dell at the White House opening bell, sending shares soaring — classic buy-the-top, miss-the-top, buy-the-top again.
[CMG]: Chipotle down 46% from highs, JPMorgan called it a "rare valuation opportunity," but the sub responded with "chipotle is dead man" and "$16 for a burrito that's gotten smaller." The stock still trades at a forward P/E in the high 20s, which is what we call "expensive for a restaurant chain that can't even get the guac right."
[PARA/WBD/NFLX]: Oregon Attorney General Dan Rayfield called for a pause on the Paramount/Warner Bros Discovery merger, and the sub immediately pivoted to "Netflix and chilled?" External news adds a $650 million problem to the deal, though one commenter reminded us the streaming market is "saturated" and $30/month is "less viable."
[WDFC/AZZ]: This earnings week is "azz" according to one user, but the standout is WD-40 — up 20% with calls on AZZ and WD40 implementing AI (because everything does). The actual earnings calendar includes both, and someone joked that WD-40 will "apply a little lubricant" to the market, which is probably the most optimistic thing we've heard all day.
[BE]: 1,100 shares of $BE on margin with naked puts got a maintenance call after today's move, and the user vows to "keep holding through" and sell covered calls — because nothing says risk management like doubling down on a stock that's already breaking your balls. One commenter offered the sage advice: "shares aren't 'as dangerous as FD options', margin is."
[PPG]: "Looks distressed for no good reason today," said a user buying $120 strike 8/7 calls, pinning hopes on a July earnings beat — but another pointed out "houses aren't selling, people staying put aren't needlessly redecorating." External news shows PPG down 4.9% with a GF Value of $138 vs price $114, so maybe there's a margin of safety, or maybe it's just paint drying.
In summary, we've got war, we've got AI debt, we've got chip deals, and we've got people losing their college savings on 0DTEs — same as it ever was. The market is a beautiful chaos machine, and we are its most enthusiastic victims. Stay solvent, or at least stay entertaining.
May your puts expire worthless and your calls expire later,
Hindsight Henry
Chief Investment Officer, Hindsight Capital Management