The Inversion Investor

The Inversion Investor

What the Simpleton Never Sees

Peter Pham's avatar
Peter Pham
Dec 03, 2025
∙ Paid

A simpleton sees an operator scalping a few points at the same level since 11 p.m.

He thinks he’s witnessing scraps.

He thinks it has no scale.

What he doesn’t understand is that he’s watching the narrative being written.

Those “scraps” are the first brushstrokes of the structure that will dictate the tape for the next 12–24 hours:

  • overnight session

  • post-econ…

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