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1. Drawdowns from Highs

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2. NVDA Officially Hits -20% from Highs…Big Support Line

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3. IGV Software Index Big Support Line

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4. Blue Owl…In Danger of Hitting 2022 Lows

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5. PLTR Palantir….Ran Back Up to 200-Day Twice and Failed

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6. Luxury Industry in Severe Drawdown

Luxury Hangover? Inside the Industry's Sudden Collapse
For the better part of the last two decades, luxury was the place to be.
A growing upper-class drove greater volumes, brands consistently raised prices, and profit margins expanded.
But starting around 2023/2024, cracks started to show.
And now, the entire industry is in a severe drawdown.

· Richemont: -25%

· EssilorLuxottica: -39%

· Hermès: -42%

· Ferrari: -43%

· Prada: -45%

· LVMH Moët Hennessy: -49%

· Kering: -58%

Capri Holdings: -67%

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7. Hedge Fund Selling

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8. Space-X Private Shares …The Modern Day IPO-How Much is Priced In?

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9. LNG Exports ….The World Does Not Have an Emergency Reserve

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10. Something to Live For: Lessons from the Science of Purpose

Sources of purpose are more universal than we might think.

Psychology Today Marianna Pogosyan Ph.D.

Key points

• Purpose in life is linked to physical and mental health benefits.

• A recent study identified 16 sources of purpose, examining how each predicts the three pillars of a good life.

• Across four cultures, people were similar in how they endorsed these sources of purpose.

In one of Kurt Vonnegut’s stories, God leaves it to humans to think of a purpose for everything, including "all this." Purpose gives us something to live for. It also provides the foundation to pursue that something. In our day-to-day lives, in ways big and small, we experience the truth of what philosophers have long posited: the why leads us to the how.

In psychology, purpose is defined as “a central, self-organizing life aim that organizes and stimulates goals, manages behaviors, and provides a sense of meaning.” When our lives are guided by an overarching sense of purpose, we reap a wealth of benefits for our physical and mental health – from greater life satisfaction to a slower cognitive decline.

What are some of the common places where humans find their purpose?

As a poignant reminder of our shared humanity, we tend to derive purpose from similar sources despite the remarkable diversity of our lives.

The Pillars of a Good Life

A recent study explored the various sources from which humans find purpose and then mapped them onto the three fundamental pillars of a good life: happiness, meaning, psychological richness. The authors sought to understand how having different kinds of purpose predicted these three dimensions of a good life. From an initial pool of over 2000 open-ended responses from US participants, Mask et al. (2025) identified 16 common sources of purpose in life.

· Self-improvement – Becoming the best version of yourself through acquiring knowledge, exploration, pursuit of hobbies.

· Family – Providing for your family; having children; looking after your loved ones.

· Relationships – Forming and nurturing close connections with others, including friends and romantic partners.

· Religion/Spirituality – Living in alignment with your religious or spiritual beliefs and values.

· Recognition – Earning respect and recognition from others; having high social standing in professional, community or peer settings.

· Happiness – Taking pleasure in and enjoying life, being happy, feeling good.

· Self-sufficiency – Having the capacity to take care of yourself physically and financially; being free to choose your own path.

· Material Wealth – Accumulating wealth and material possessions; “buying whatever you want.”

· Internal Standards – Living in accordance with your personal principles, beliefs and values; “knowing who you are” and demonstrating authenticity.

· Positive Impact – “Making the world a better place.” Engaging in actions that promote charitable, political, environmental or scientific betterment.

· Mattering – Creating a lasting contribution and legacy; inspiring others; leaving an impact.

· Occupational Fulfillment – Discovering a sense of purpose and calling through work; excelling at your work.

· Persevering – Coping well with life’s challenges and persevering through adversity.

· Physical Health – Prioritizing caring for your physical health and body.

· Inner Peace – Cultivating gratitude, acceptance, mindfulness, and emotion regulation and savouring positive experiences.

· Service – Contributing to the well-being of others in your community; serving others and honoring your responsibilities.

https://www.psychologytoday.com/us/blog/between-cultures/202603/something-to-live-for-lessons-from-the-science-of-purpose

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