- anyone wanna chime in and explain why?
- the war has surely been going on back and forth for a while now
- why suddenly start selling now?
Relevant facts: Corporate insiders sold $77.6 billion of stock during the first half of 2026, a 20% increase from the first half of 2025.
The press is still instructed to avoid the word "cyclical" in connection with hardware, but the insiders remember 2000 very well.
If you watch daytrading, stocks like SpaceX or Micron are pumped up shortly after every opening so the insiders can sell higher during the day.
The insiders also own the press and analysts, so they desperately still construct positive narratives.
The other have is that the same press and analysts still desperately construct negative narratives (note, for example, the very story we're commenting on). The point isn't to pump the market up or to crash it (though there are clearly folks out there trying to do both); the real goal is to keep people milling about and keep the money sloshing around, which drives the turbines of finance.
Your realtor makes money when you buy, they make money when you sell. Your lawyer makes money when you sue or when you get sued. Landscapers get paid to put plants in and to take plants out. The only thing they can't profit (much) from is inactivity.