Next Day Prep #277: Market Rally or False Start? The SpaceX Effect & Cautious Verdict – Friday 6/12/2026

from Next Day Prep · host WaveRider: Where Traders Prep for Tomorrow’s Moves

Despite a market rally and strong breadth data, the regime remains Cautious as liquidity siphoned by the SpaceX IPO dampened mega-cap tech. We analyze the disconnect between the Bull/Bear gauge and market reality, highlighting the ‘beat and fall’ of Adobe and the rotation into cyclical leaders like Mosaic. The post Next Day Prep #277: Market Rally or False Start? The SpaceX Effect & Cautious Verdict – Friday 6/12/2026 first appeared on WaveRider Reads: Trading Books Unpacked.

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This episode was published on June 12, 2026.

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