HINDSIGHT CAPITAL MANAGEMENT
“We lose money so you don’t have to.”
To: Hindsight Global Investors
Date: July 19, 2026 at 07:00 PM EDT
Subject: Earnings Week, Ogre Indicators, and the Infinite Money Glitch (Until It Isn’t)
My fellow exit-liquidity providers,
Markets are a coin flip this week — literally, as one degenerate proved — and the sub’s collective thesis boils down to “Google earnings will save us all, or it won’t, and also Shrek says we have until June 2027.” Let’s dive into the dumpster fire.
[GOOGL]: The entire sub is holding its breath for Google’s July 22 earnings – one user notes the GAAP number could look insane due to SpaceX stake markups, but the real focus is whether capex gets raised or cut. As u/razor164 put it, “Google continues Ai capex = GOOG down, Google cuts Ai capex = GOOG down,” and one user warns “the rest of hyperscalers are bye bye.” Meanwhile, Bank of America is doubling down on GOOGL ahead of earnings according to external reports.
[AAPL/NVDA]: Apple unseated Nvidia as the world’s most valuable company, and the sub’s reaction was a mix of “Apple does nothing and wins” and “NVDA at 15x forward PE is a steal compared to AAPL at 34x.” The Reuters story confirmed the shift, but one user noted this flip happens every few months, so whoever bought the top is probably already underwater.
[META/ANTHROPIC]: News broke that Meta is in talks to lease computing power to Anthropic in a potential $10 billion deal, and the WSB narrative is that Meta overbought compute and is now renting it out because they can’t use it. One user asked “why are we building even more data centers?” and another called it “the 3 stooges trading $20 back & forth.” This feeds directly into the AI hardware bubble fear.
[MU/SNDK/DRAM]: The memory crowd is clinging to the hope that hyperscaler earnings will reignite the rally, with u/SanDisk_Made_Me_Rich posting a bullish chart claiming to “just wait until the hyperscalers report earnings.” But the top comments are all bagholder memes, and one user reported being down 25% on RAM bought on margin. External news says Micron has strong Q3 earnings but the stock is retreating — classic.
[IREN/IRE]: The poster boy of roundtripping: a user detailed losing 90% on IREN twice, going from $150k to $15k, blaming 2x ETFs and revenge trading. External news confirms IREN slid 18% in a week. The lesson? Don’t touch 2x ETFs — but we all know nobody here uses stop losses.
[SPXC/SPCX/SpaceX]: Two massive put wins on SpaceX — one user realized $321k, another hit 10x on SPXC puts going from $0 to $500k+ (with a roundtrip in between). The sub celebrates shorting “gravity,” but external news says retail and Wall Street are underwater on SpaceX — so the put players may have timed the top perfectly.
[INFINITE MONEY GLITCH]: A user turned $750 into $12k by flipping a coin to decide calls or puts on SPX 0DTEs, then immediately got told by everyone that the next flip sends him back to Wendy’s. Another commenter replicated the strategy and went from $2k to $11k to $1,500 in a week. It’s not a glitch, it’s a gambling addiction with extra steps.
[Shrek Indicator]: A top post argues that every Shrek movie release precedes a market top, with Shrek 1 and 3 preceding crashes — and since Shrek 5 just came out, we have until June 2027 before the ogre takes it all away. “Finally some good fucking technical analysis,” says the sub. We’re allocating 10% of the fund to call options expiring June 2027.
[Green Zucchini Indicator]: Another user spotted a big green zucchini in their garden and claims it’s a bullish signal that last appeared before the April rally. The comments are all photo responses of other vegetables and a lot of “finally some real fucking research.” We’re monitoring the zucchini’s growth curve as a leading indicator for QQQ.
[Korea Bros]: The sub is praying that Korean retail investors will save their leveraged long positions — one user bought RAM on margin and is down 25%, hoping “Korea bros don’t fuck this up”. With KOSPI reopening after a holiday, there’s hope they’ll buy the dip, but some worry about liquidations. The sentiment is basically “please save us, our bags are heavy.”
[PM]: A low-key post about Philip Morris earnings on July 22 — a user has been wheeling PM and is up $7k, selling covered calls at $185. Zyns are undefeated, apparently, and the dividend is solid. External news confirms the earnings preview, but nobody here cares about boring tobacco dividends when there are 0DTEs to lose money on.
[ONDS/AVEX]: Drone stocks are catching interest after a selloff — one user questions the thesis, and the top comment warns that ONDS is a “dilution machine” with a CEO planning to acquire 20 more companies this year. Another user prefers AVAV and UMAC. The drone future thesis is intact, but the stocks are not.
So to summarize: we’re all betting on Google saving semis, Shrek saving the bull market, and zucchini saving our portfolios. If none of that works, at least we have the infinite money glitch — until we don’t. Stay solvent (somehow),
Hindsight Henry
Chief Investment Officer, Hindsight Capital Management