On one side, the structure is at new all-time highs. The Rubin Build-Out 100 printed fresh records across the board — the momentum-weighted line (CL-RUBIN-MW) at 2,365 (+137% since inception), the cap-weighted line (CL-RUBIN-CW) at 1,866.
Crunchtime for the AI Trade
The tape is sending two messages at once today, and the gap between them is the whole story.
